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[quote=Anonymous]Currently overseas, and DS (12) doesn’t feel especially keen to return to the US. At the same time, I don’t see him becoming fluent enough in the local language that he could survive a college course. So I think he will wind up in the UK or Ireland, or an English language based school elsewhere, like Insead, but that’s grad level only. We are 3 yrs from qualifying for citizenship here, which would mean DS could apply as an EU passport holder & resident. Note that I’ve been finding that UK/Scottish schools base fees on passport *and* residency. U of Edinburgh, for example, determines your fee status based on passport and country of residency for 3 consecutive years prior to application. If you didn’t live in the EU but hold an EU passport, you could still find yourself paying 18,800 (overseas) vs 1,820 (home) due to the lack of residency status. You can’t just assume you get the lowest rate based on ppt. In the meanwhile, we’ve built up ~300k in a 529 plan for him, which will be beyond overkill if he doesn’t return to the states. We are using some of that now for private school, but it it doesn’t put much of a dent in it. Figure if he doesn’t need it for undergrad, we can just keep it there in case he wants to do a graduate program or something. [/quote]
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