If the kids are born here in the USA, they are citizens of the USA. Thus, they are eligible for submitting a FAFSA application and they may potentially eligible for College Financial Aid based on the FAFSA calculations for Expected Family Contribution. If the kids are dependents of H1 visa holders, they will have H4 […]
529 Plans for NRIs: Frequently Asked Questions
As an NRI, choosing whether to invest in a 529 plan comes with a horde of questions: What is the impact on potential scholarships? What happens if they move back to India? What are the tax implications? Read on to answer your most pressing questions about 529 Plans for NRIs.
College Savings for your Kids as an NRI
Non-Resident Indians (NRIs) are part of the highest-earning ethnicity in America. Most NRI families are worried about kids’ college education and save much of their household income for their children’s college education during their prime years of earning. Additionally, since the income range of NRIs is higher, we often believe that it’s impossible to get […]