U-Nest is a simple, intuitive, and accessible digital investing platform that helps parents and other family members save for children's college tuition and other education expenses.
We’re committed to helping families with any income achieve a dream of sending their kids to college.
Cash savings in the typical savings account lose value over time due to inflation
U-Nest College Savings Account is growing over time due to investment returns and tax savings on the earnings that accumulate and compound over time. In addition, the gifts from family and friends are also growing tax-free!
A U-Nest College Savings account will have a minimal effect on the amount of aid you receive and will end up helping you more than hurting you.
A 529 plan is considered a parental asset on FAFSA, so it will affect how your Expected Family Contribution (EFC) is calculated. However, your EFC will increase by at most 5.64% of your 529 assets, which is much lower than the 20% of student assets (like UGMA/UTMA accounts).
The plan will be available to anyone, and you don’t have to be a resident of a specific state. There is no substantial difference in the benefit for residents and non-residents, and you will get access to the best investment options through a U-Nest College Savings Account.
Saving for kids’ college is easier than ever before!