Education Funding

Free CFP Exam lesson in General Principles of Financial Planning. 15 min read, ~2,291 words.

AOTC vs LLC: first 4 undergrad years, ≥half-time, no felony drug conviction → AOTC ($2,500/student, 40% refundable); grad/part-time/5th-year → LLC ($2,000/return). AOTC = 100% of first $2,000 + 25% of next $2,000 = $2,500/student/year; 40% refundable. No double-dipping: carve out $4,000 for the AOTC from a non-529 source. PSLF =...