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Reply to "“Fully Funded College”"
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[quote=Anonymous]I am always confused by "fully funded" college, too. According to the NYS 529: "How much can I invest? "529 account contribution limits are generally high—ranging from $200,000 or more, depending on the state. For the Direct Plan, you can contribute up to $520,000 on behalf of one beneficiary. This amount includes all New York-sponsored 529 savings accounts held for the same beneficiary." For our family, we are aiming to save for half of in-state tuition with R&B in the 529, so for us we are fully funding what we expect to pay for college.[/quote]
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