Planning & Saving for College with MESP
Many parents and families today worry their loved ones will begin their adult life burdened with crippling school loan debt. But it doesn’t have to be that way. Whether your loved one is getting ready for pre-school or high school, the time to figure out your options and make a plan is now. Find out how a Michigan Education Savings Program (MESP) account can be a part of your college savings strategy.
10 Reasons to Save with MESP
Ease, convenience, affordability...get the key information you need, at a glance, and learn why MESP is such a great way to save for college.
MESP Details & Information
From tax advantages and qualifying expenses to eligible beneficiaries and underlying fees, use this section to find out all the facts about MESP. In addition to the Program Description, this is the most comprehensive resource to get a detailed overview of MESP.
Saving vs. Borrowing
The cost of a higher education can be daunting. Do you save now or borrow later? How much will borrowing affect your future income? Discover the real cost of student loans and the benefit of starting to plan early.
Reducing the Cost of College
There are many ways to help reduce costs while planning for college. A few key decisions could save you thousands of dollars or more over the course of getting a degree.
The Future Cost of College
Wondering how much college will cost in the future? Without a clear view of the target, it’s difficult to hit the mark. Get an idea of what you will need to save to reach your college goals.
Ways to Save & Pay for College
With 529 Plans, IRAs, Savings Bonds and more, how do you know what is right for you? You have many choices for how you save and pay for college. Make an informed decision by comparing your options.