Sentences with phrase «use the money for educational»

Your money will grow tax free, and you can avoid a penalty fee if you use the money for educational expenses.

As with federal student loans, borrowers must use the money for educational expenses.

Not exact matches

You may also be able to use money saved in your retirement accounts for certain educational expenses.

Though legislatures push lotteries as a supplement for educational funds, often those lottery revenues end up being used as a substitute for other funds, with no additional money going to education.

Kessler and UCSF had a long - running disagreement involving the amount of discretionary money available to him as dean for research and educational initiatives, faculty recruitment, renovations, and other uses.

The county school board has spent $ 300,000 to purchase 162 microcomputers for use in 38 of the system's 255 elementary, junior high, and high schools, financing the project with federal money from the Title 4 - B program, which funds the purchase of educational equipment.

In Chingos's words, «the study strongly suggests that monies restricted for the purpose of funding class - size reduction mandates are not a productive use of limited educational resources.»

The measure is expected to generate $ 2.4 million a year for the next five years; parcel tax money can be used for educational programs, said superintendent Jim Negri.

The author of the brief, education researcher Gerald W. Bracey, writes that states and schools use NCLB money for testing programs, curriculum materials, and supplemental educational services that are often owned by for - profit companies whose owners or officers are personally connected to the president.

While this report welcomed «the impressive progress made by the Programme of sponsored academies to date» it expressed the worry that «academies» educational achievements should not be undermined by poor stewardship of the public funds necessary to sustain the impacts of the Programme» and that there are «increased risks to value for money and proper use of public money».

Within a few short weeks enough money had been raised to buy three laptops that would be used by the volunteers as an educational tool for children in the care of Dream Africa Care Foundation.

Arizona's legislature got around the voucher barrier by implementing a program in 20TK that allows eligible families to opt out of public schools and use the money the state would have used to educate them to pay for private school tuition, homeschool curricula, private tutoring, education therapy or other educational expenses.

School Choice: Political trend to use public taxpayer money to pay for the educational program parents to choose for their children.

offer parents the option to receive money in an account that they can use for private school tuition and other educational expenses to supplement learning or in lieu of sending their children to public schools

SBX3 4 (Chapter 12, Statutes of 2009) allowed districts to use the money from 39 categorical programs for «any educational purpose» through 2012 - 13.

The money can also be used for home schooling, transportation, tutoring or other educational programs.

ESA's, known as «Vouchers 2.0» by education reformers, offer parents the option to receive money in an account that they can use for private school tuition and other educational expenses to supplement learning or in lieu of sending their children to public schools.

Because of tax and debt limits, educational districts could not raise tax rates or borrow more money using traditional Current Interest Bonds to compensate for the loss in revenue resulting from the decline in property values.

It comes down to whether the federal government will require states and districts that voluntarily accept federal funds to use their own money fairly, a crucial question as students and teachers are held accountable for meeting exacting new educational standards like the Common Core.

Tax credit programs offer incentives for individuals and corporations to donate to organizations that provide money for students to use for tuition and other educational costs at private schools, many of them religious.

When the money is withdrawn for educational use, you don't pay tax unless the withdrawals are greater than your child's educational expenses for that year.

You may also be able to use money saved in your retirement accounts for certain educational expenses.

It gives you the opportunity to contribute up to $ 2,000 per child per year to save for primary or secondary education; it gives you the ability to make contributions until April 17, 2018, for tax year 2017; it gives you the ability to make tax - free withdrawals as long as the money is used for qualified educational expenses; and it gives you the ability to transfer the account to another family member without penalties or taxes.

The money invested in the account is tax advantaged, and any growth from those investments is tax free for the student when used for qualifying educational expenses.

A UGMA is less favored, but it allows the money to be used for essentially anything, and is not restricted to educational uses.

We could enrich the National Child Benefit Supplement and Child Tax Benefit, a means - tested monthly payment to parents with children, so that low - and middle - income families have more money for child care, and which could be used to supplement educational savings.

I want to find out if I can use the RESP money for this and if there is a list of qualified educational institutes.

By signing this certification statement, you are saying that you are not in default on a federal student loan and do not owe money on a federal student grant and that you will use federal student loans only for educational purposes.

As Mike Davies explains on the show, when money is taken out of an RESP and is not being used for the educational benefit of a child, the grant will have to be repaid to the government.

Mike Davies: As discussed previously, when money is taken out of an RESP and is not being used for the educational benefit of a child, then the grant will have to be repaid to the government.

It's important to note that the assets in a UGMA / UTMA account isn't solely for educational purposes and the minor can use the money for any reason once they reach the age of majority.

These accounts are intended for post-secondary educational purposes and have penalties if the money is not used for that purpose.

Scholarship: Like a grant, a scholarship is money given to a student to be used for educational expenses which does not need to be paid back by the student.

If you withdraw money from a Roth IRA and use it for qualified educational expenses (tuition, books, room & board, etc.) you'll face no withdrawal penalties.

You can save money on state taxes, and the money grows tax free if the money is used for educational expenses.

The truth is, while federal loans are disbursed to student to use for educational expenses, these identity thieves can in fact take the money and use it for other purposes.

529 plans offer tax free growth of money in the account as long as it is used for educational purposes.

Money from a scholarship or grant is generally not taxable income as long as you are a candidate for a degree at a qualified educational institution AND the amounts you receive are used for tuition, fees, or other qualified educational expenses (books, supplies, equipment, and other required course materials).

The ENA responded by providing Moore with a $ 10,000 grant for injury prevention — money that Moore used to create educational materials for alerting the public to potential warning signs in dog body language.

Meanwhile, a personal computer could be used by the entire family for a wide variety of tasks, including money management, telecommunications, word processing, and educational purposes.

They're used as a medium of personal expression, as the means for raising money for charity, as educational tools, and in therapy.

After the delivery system was installed, for example, there was a surplus of funding, and the committee decided to use that money to start a nursery for small plants as well as launch an educational campaign.

You still have to pay taxes on any earned income that you put in the savings plan; however, the main tax advantage of a 529 plan is that all earnings of the money in the plan are not subject to federal tax if they are used for the educational expenses of your child.

The account's earnings will be tax - free, and withdrawals will not be subject to taxation unless you choose to withdraw the money and use it for something other than qualifying educational expenses.

At the same time, a 529 can only be used for educational purposes and if you withdraw the money for any other reason, you'll be subject to a penalty.

The trustee can be directed to use the money from your trust to pay for educational cost only, or whatever terms you see fit.