College Saving in Ohio

If you are considering a college in Ohio as one of the many options for your child, you have made a great choice! Ohio is a popular college state with many great schools to choose from, and your child would be privileged to have the opportunity to attend one of them. Unfortunately, these schools can be costly.

Would you like to start saving for your child's college education? Contact a Financial Planning Professional at Cranberry Lake Financial to help you with College Saving!

Ohio's fantastic selection of colleges include the following:

• National Institute of Technology
• The Art Institute of Ohio
• Triffin University
• Ohio Dominican University
• And more

Did you know that the average tuition for an Ohio college is over $8,000? That is the fee for an Ohio resident. If your child actually doesn't live in Ohio, but plans to go to college there someday, the average tuition cost is over $20,000! Moving there right before college starts doesn't make you a resident, either.

The requirement is usually one year before starting college. Then there are the costs for room, board, and other miscellaneous fees, which adds up to over $12,000. By the way, these costs are just for public colleges. Private colleges are considerably much more.

Ohio's 529 College Savings Plan and Ohio's Prepaid Tuition Program are some of the many programs to help assist you in affording your child's education. You can't depend entirely on financial aid and scholarships; you need to take it upon yourself to start saving now! It is never too early to begin saving up for your child's college tuition.