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College Tuition Planning

This tool isn't intended to constitute, nor does it constitute, tax advice. You should consult your own tax advisor for more information on the tax implications of investing in a 529 plan based on your own particular circumstances. All investing is subject to risk, including the possible loss of the money you invest. Read more about the benefits of 529 College Savings Plans and the types of financial aidavailable to parents and students. This is the average amount of money a family typically receives in financial assistance. Less than 7% of that money goes into athletics scholarships and stipends. Many athletes and organizations currently advocate for better compensation for college athletes. Not charging the athletics department for the cost of its scholarships. When a university gives scholarships to students, including athletes, it has the expense of paying for those scholarships. For example, if 200 athletes receive a $60,000 scholarship, the institution has an expense of $1