Financial Aid
States
Virginia College Financial Aid
Virginia Resources
| Scholarships |
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Carville M. Akehurst Memorial Scholarship
The Carville M. Akehurst Memorial Scholarship was established in 2002 by the Mid-Atlantic Nursery Trade Show, Inc. (MANTS). This scholarship serves to memorialize Mr. Akehurst who served the horticultural industry as one of the founders of MANTS. (More Information).
| State Grants |
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What other Grants are available?
| State Loans |
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What other loans are available?
| 529 Plans |
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The state of Virginia offers three flexible investing options to assist families in planning for the future education of a child or loved one.
1) CollegeAmerica
CollegeAmerica, a 529 savings plan, is a tax-advantaged way to save for higher education. Though many 529 plans are being offered today, CollegeAmerica’s unique benefits help you make the most of your college savings.
Program type: Savings
How to enroll: Enroll directly with the program.
State residency requirements: None
Benefits - Tax Exemptions: Yes
Benefits - Tax Deductions: Yes
Benefits - Matching Grant: No
Phone: 1-800-421-0180
Website: www.americanfunds.com/college/college-america/index.htm
2) Virginia Education Savings Trust (VEST)
The Virginia Education Savings Trust is an Internal Revenue Code Section 529 qualified tuition program. VEST is an individual savings account, invested in your choice of portfolios of stocks and bonds, intended specifically for the payment of qualified higher education expenses for the designated beneficiary.
VEST has no state residency requirements and no age limits. VEST is open year round and accounts may be opened at any time.
VEST can be used for a wider range of qualified higher education expenses than VPEP. Start saving now to help avoid debt later.
Program type: Savings
How to enroll: Enroll directly with the program.
State residency requirements: None
Benefits - Tax Exemptions: Yes
Benefits - Tax Deductions: Yes
Benefits - Matching Grant: No
Phone: 1-888-567-0540
Website: www.virginia529.com
3) Virginia Prepaid Education Program (VPEP)
VPEP is one of the Section 529 qualified tuition programs offered by the Virginia College Savings Plan. VPEP lets Virginia families lock in the cost of tomorrow's college tuition and mandatory fees. Contract payments cover future in-state undergraduate tuition and mandatory fees for the normal full-time course load at Virginia public colleges and universities. VPEP benefits may also be applied toward the cost of tuition and fees at Virginia private colleges as well as at most colleges and universities nationwide, and in certain cases, at schools around the world.
Program type: Savings
How to enroll: Enroll directly with the program.
State residency requirements: None
Benefits - Tax Exemptions: Yes
Benefits - Tax Deductions: Yes
Benefits - Matching Grant: No
Phone: 1-888-567-0540
Website: www.virginia529.com
What are some other college savings options?
| Other State Resources |
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