Any parent can attest to this truth: We all want what\u2019s best for our children, even if it costs a little extra. Ensuring your children have access to the best education possible is part of that. While many parents choose to send their children to public school, others express interest in pursuing private education. Whether it\u2019s K-12 or college, education doesn\u2019t come cheap\u2014and we\u2019re here to help you save and make the best financial decisions. <\/p>\n\n\n\n
If you need assistance getting started on saving for your child\u2019s education, here are a few tips: <\/p>\n\n\n\n
As a Polam FCU member, you have access to a variety of savings tools, including our savings accounts and certificates of deposit (CDs). Our savings accounts are dividend bearing, so you\u2019ll earn interest on the money you save and accrue. Our CDs are designed for members who are saving at a higher rate, with flexible terms up to 36 months. And as a not-for-profit financial institution, our rates are far more competitive than those at big banks. <\/p>\n\n\n\n
When you use your Polam VISA debit or credit card for everyday purchases, you\u2019re earning rewards points on everything you buy. These rewards points can be redeemed for cash back, which you can use to offset school costs such as back-to-school clothes, supplies, and electronics. <\/p>\n\n\n\n
Once your child is a senior in high school, they likely have a clearer idea of what they want their educational future to look like. Scholarships can help cover college costs, and with a little research, you can find ones that align with your child\u2019s interests or goals. Even if a scholarship only covers a semester\u2019s worth of books, it\u2019s still a valuable resource.<\/p>\n","protected":false},"excerpt":{"rendered":"
Any parent can attest to this truth: We all want what\u2019s best for our children, even if it costs a little extra. Ensuring your children have access to the best education possible is part of that. While many parents choose to send their children to public school, others express interest in pursuing private education. Whether … <\/p>\n