explain three steps an eighth grader should take to create a college savings plan if she is interested in attending a two year training program

1. Determine the total cost of the program (tuition, fees, books, cost of living, etc)

2. Determine how much of this they will have to save up for (aka the amount not covered by taking out student loans)

3. Break down that total amount into periodic savings deposits. So if you need $10,000 and you have 4 years, make a plan to save $2,500 a year.

Sample Response: First, the student should estimate the cost of attending a two-year program. Then she should plan to save part of that cost. Finally, she should determine how much to budget for periodic deposits.