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College planning is about more than saving for tuition. It’s about knowing how savings plans, 529 plans, financial aid, scholarships and student loans all work together – helping you feel confident about the future. With Summit Financial Advisors, you’ll understand your options and build a plan that fits your budget and your goals.

Plan For College Without Guessing 

Let’s work together to make planning ahead for college costs uncomplicated – while supporting your long-term financial health.
Use our to get a quick estimate of college costs and plan ahead for your education goals.  Find out more about education savings options, including 529 plans, Coverdell ESAs and bonds, and find the mix that makes most sense for you. Explore borrowing options that can help make higher education more affordable while keeping future debt in check.

Ways To Cover Education Costs

Get familiar with your funding options and build a plan that fits your goals. Find resources and get your questions answered on topics like:

College Savings Products:

  • 529 plans
    Save for future education expenses with a tax-advantaged account designed specifically for college and other schooling costs.
  • Coverdell ESA / Education IRA
    Set aside money for educational expenses with flexible investment options.

Additional Funding Resources:

  • FAFSA and financial aid
    Understand the application process and identify opportunities for federal, state and institutional financial assistance.
  • Scholarships and grants
    Learn how to find and apply for funding that can help cover costs without needing to be repaid.
  • Parent PLUS loans
    Evaluate federal loan options that allow parents to borrow for their eligible undergraduate students.
  • Education Tax Benefits
    Explore education-related tax credits and deductions that may help reduce the overall cost of paying for school.
Meet with a local, experienced advisor to compare savings options, discuss financial aid and create a plan that supports your college goals and long-term financial health.
 Just fill out the form below, and a team member from Summit Financial Advisors will reach out to you soon. Tools & Resources for College Planning

Frequently Asked Questions

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member / ). Insurance products are offered through LPL or its licensed affiliates. Summit Credit Union and Summit Financial Advisors are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Summit Financial Advisors, and may also be employees of Summit Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Summit Credit Union or Summit Financial Advisors. Securities and insurance offered through LPL, or its affiliates are:  Not Insured by NCUA or Any Other Government Agency Not Credit Union Guaranteed Not Credit Union Deposits or Obligations May Lose Value The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.Summit Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for advisory services. Please visit for more detailed information.
Investing in mutual funds involves risk, including possible loss of principal. Fund value will fluctuate with market conditions, and it may not achieve its investment objective.

Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.

Stock investing includes risks, including fluctuating prices and loss of principal.

Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.