A few college funding tidbits to send you into the weekend:
1. Good news on the college savings front, as the President dropped his proposal to tax new contributions to 529 plans.
2. For those families that were planning to increase your 529 contributions to beat the date on which new contributions would have been taxed had the proposal gone through, consider increasing the amounts anyway. Every dollar saved is a dollar you don’t have to borrow, and every dollar borrowed will cost roughly two dollars once you pay it back. Saving the money now gives you more control and lets compound interest work for you.
3. Mark Kantrowitz shares smart, regular tips on financial aid, scholarships, saving, and budgeting on his twitter feed.
4. And the Khan Academy has a decent walkthrough of the FAFSA here.