Financing ABSN program

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Hey everyone,

I am considering an ABSN program, likely to start in Fall 2015 or Spring 2016. While I have a decent amount of money saved for it, I'm not sure the best way to finance my education. As an older (early 40s) and married student, am I eligible for a 529 program? Are there tax credits available to me? I likely won't have to take out loans but do want to finance my education in the most efficient way possible.

Any suggestions?

Thanks!

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Specializes in Critical Care, Education.

As I understand it, a 529 plan is to set aside funds for future college tuition... normally 18 -20 years or so in the future. How would this benefit you? I urge you to discuss this with a qualified person - like the financial aid office for your college of choice. There may be options that you have not thought about. The information would be far more accurate than we can provide.

Keep in mind that an ABSN is probably the most expensive option at most schools. If funding is a major challenge for you, it may be better to take a more gradual & more affordable route.

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Thank you for responding, HouTx! I was thinking more in terms of tax purposes--I need to look into it more. Thanks again. :-)

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