College Planning

Preparing and paying for higher education

When it comes to paying for college, there are a number of options to choose from. Students can apply for financial aid, scholarships, loans or grants. As a parent, grandparent or legal guardian, you may even decide early on to start investing in a savings program for your child, such as the Gerber Life College Plan. With all of the available options to pay for a college education, it can be difficult for parents and their children to determine which plan is best for them. That's why Gerber Life online articles include valuable insights and ideas to help your family prepare for the college years. Our articles and advice can help you rest-assured that your child will be prepared for college and anything else the future may hold.

  1. “Pre-paid” College: Is it Worth the Investment?

    College Students Chatting in Hallway“Pre-paid” college usually takes the form of pre-paid 529 plans, which are tax-advantaged plans that enable families to lock-in the cost of college at the time that they purchase the plan. Considering that every year the cost of college rises about 2 percent to 3 percent, pre-paid college can be a worthwhile option to consider.

    Disadvantages to traditional pre-paid college plans include a lack of flexibility in the way the money can be used.

    Most 529 prepaid college plans are administered by individual states, and they differ somewhat from state-to-state. Although you can often transfer pre-paid tuition credits from state-to-state, fees do apply, and can add up. For this reason, the biggest saving is when your child attends college in the state where the plan was purchased and administered.

  2. Gerber Life “Feeding Their Future” Sweepstakes Deadline

    Feeding Their Future sweepstakes logoHave you already entered the “Feeding Their Future” Gerber Products Company sweepstakes, which features a $50,000 Gerber Life College Plan giveaway?

    If so, we hope you’ve been returning daily to play the Instant Win Game, which features a $500 cash prize each day.

    If you haven’t yet signed up for the Grand Prize or participated in the daily Instant Win Game, then hurry: Time to enter is running out! The giveaway ends on Monday, June 22 at midnight.

    Sign up right away, so that you can return on each of the remaining days for a chance to win an Instant Win daily prize!

    Follow these instructions to enter the sweepstakes:

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  3. Taking a Gap Year: The Pros and Cons of Taking Time Off Before College

    Young Woman TravelingFor many, the term “gap year” is synonymous with travel. However, travel is only one of many things a student can do when taking a year off between high school and college. In this post, we’ll look at the advantages and drawbacks of taking a gap year between high school and college.

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    Categories: College Planning
  4. Admission Denied: What to Do if Your Child Gets Waitlisted

    Student Receives Waitlist Notice From College Getting waitlisted is not the end of the world. In fact, the National Association of College Admissions Counselors found that 39 percent of colleges put some students on a waitlist in 2009. Once college admissions committees know that they have the space to admit more students, they turn to their waitlist of college applicants and reevaluate whom they want to admit.

    If your child has been waitlisted, there are several considerations to help you determine whether to wait or move on to Plan B:

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  5. How Much Does College Really Cost?

    College students listen in classAlthough there’s no magic number to answer the “how much does college cost?” question – because so many factors are involved – there are official estimates available from authoritative sources, such as the College Board.

    As a guideline, we’ve compared some key current average costs between public and private universities, based on research from the College Board and College Data conducted in 2014. These comparisons may help you to more easily plan and budget for your child’s college education:

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    Categories: College Planning