
Can I use a 529 plan to study abroad?
Many foreign schools are eligible for tax-free withdrawal under 529 plan rules.
Bankrate editor Chelsea Wing specializes in student loans, financial aid and college budgeting. Despite growing up in Washington, Chelsea attended the University of Iowa for college — so she understands the realities of chipping away at expensive out-of-state tuition. She is invested in helping students navigate the high costs of college and breaking down the complexities of student loans.
Chelsea currently lives in Seattle. In her spare time, she enjoys writing, travel and musical theatre.
Chelsea has edited hundreds of articles for Bankrate and enjoys covering both news pieces and long-form guides. She helped develop the Bankrate Best Value Colleges guide and has monitored student loan forgiveness efforts since early 2020.
Chelsea has been working as Bankrate’s student loans editor since early 2020. Prior to joining Bankrate, Chelsea was the insurance and finance editor at Reviews.com, where she specialized in covering life insurance.
Many foreign schools are eligible for tax-free withdrawal under 529 plan rules.
Refinancing versus consolidation depends on the type of loan you have.
From the 1940s to now, student loans have evolved substantially.
The process of getting your car title depends on your state of residence.
Typically either you or your child can take out the new private loan.
You’ll have to fill out the FAFSA to see your options.
Earn money for college while still prioritizing your studies.
Here’s how to determine if Revised Pay As You Earn is right for your student loans.