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7 Types of College Savings Accounts

The idea of saving for college can be overwhelming. This is because when many parents think about saving, they (mistakenly) believe they need to put aside enough money to pay for 100 percent of college. In reality, most families use a combination of savings, financial aid, scholarships, and student loans to pay for college.

Beyond deciding how much you can afford to save each month, you also need to figure out where to save your money.

Can a 529 Plan Be Used for Trade School?

A sign post for a university and a trade school.

The sky is the limit after you graduate from high school. Maybe you want to go to a traditional four-year university — or maybe you want to get started on your career ASAP. If you’re ready to get to work, a trade school may be the right choice for you. And yes, you can use your NC 529 Plan to pay for accredited trade schools and qualified education expenses.

What is Trade School?