Education Planning

Education Planning

Funding a college education requires thoughtful planning to avoid or strategically manage student debt. That said, because the cost of higher education is often a moving target, knowing your options can be difficult. If you create a detailed approach for college funding, and know the right strategies, you can often get a great education without overpaying or accumulating more debt than necessary.

What you may be thinking:

  • When should I begin saving and how much should I be setting aside for education?
  • How much can I afford to help my children with college costs?
  • Will having a college savings fund subsequently reduce financial aid eligibility?
  • Should my children take out loans in their name or mine?
  • What are the criteria for qualifying for merit and need-based financial aid?

Our Approach

After guiding generations of clients through the college search and funding process, we know how to manage college costs, increase aid eligibility, determine the appropriate savings plans, and bring clarity to a process that’s typically anything but transparent. We can even help students discover respected schools that are generous with grants and scholarships as they compete for high-quality applicants.

How Buckingham Helps

Additional Services

Education Planning correlates with these other wealth management conversations.

Retirement Planning

Work to ensure the retirement you want by skillfully planning all aspects of your future financial resources to align with your desired lifestyle.

Investment Planning

Maximize the assets you’ve worked so hard to attain with data-driven investing strategies.

Tax Planning

Shape your financial picture with smarter, more tax-efficient strategies.

Related Articles

See our latest thoughts and insights on Education Planning.

  • October 18, 2023

    What to Know About the New FAFSA Form

    Chief Planning Officer Jeffrey Levine covers the key changes that students and their parents should know about before the form becomes available in December.

    Watch the video

  • September 12, 2023

    Saving for College with a 529 Education Plan

    Chief Investment Officer Kevin Grogan shares the basic guidelines and principles concerning this popular savings plan and answers commonly asked questions.

    Watch the video

  • April 10, 2023

    Timely Strategies to Get Ahead of Student Loan Repayments

    While you can’t control the legal battles over student loan forgiveness, you can take advantage of several student loan programs in 2023.

    Read the article