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College Planning

A good education is about more than money. Sending your children to college is one of the finest gifts you can give them – the doorway to a life of greater confidence, prosperity, and happiness. Yet with college costs at an all-time high, the financial challenges can be daunting.

Norway can help you navigate the challenges with confidence with savings plans like the Education IRA and NextGen College Investment Plan:

Education IRA

An innovative non-deductible IRA savings plan that lets you make tax-free withdrawals to help pay for your child's education.

NextGen College Investing Plans

A popular Section 529 plan that gives you tax-deferred earnings growth plus tax-advantaged withdrawals. Funds can be used to pay for any accredited post-secondary school in the United States.

Financial Aid Tips 

Check out these valuable financial aid tips to help ease the burden of paying for college, brought to you by The Finance Authority of Maine, then stop by a local branch or call 1.888.725.2207 to learn how to get ready for the best years of your child’s life.