College Planning

The rising cost of higher education makes saving early and efficiently even more important. The average published college costs, including tuition and fees as well as room and board, for the 2012-2013 school year were*:

  • Four-Year In-State School:            $17,860
  • Four-Year Out-of-State School:     $30,911
  • Four-Year Private School:              $39,518

Our College Savings Solutions and Strategies:

  • Coverdell Education Savings Accounts: Can help pay for a child’s qualified elementary, secondary and higher education expenses. Annual contributions may not exceed $2,000, but these accounts can consist of bank deposit products or other investment products.
  • 529 Savings Plans: Provide a tax-advantaged way to save for qualified higher education expenses. Unlike other assets, these plans are generally sponsored by individual states.

Our Financial Advisors are available to meet with you at any People’s United Bank location. Call today at 800-392-3009 to schedule an appointment or click here to find a Financial Advisor near you.

Related Information


*Source: The College Board, Trends in College Pricing 2012