Sootchy Blog

How to Establish Residency and Qualify for In-State Tuition
The difference between in-state and out-of-state tuition can be severe.

How Can I Help My Child Get Scholarships for College?
You should start helping your children get scholarships for college sooner rather than later.

How Much Can I Gift My Child Tax-Free?
Gifting your child $16,000 to sit in a bank account won’t necessarily contribute much to their future.

How Do You Teach Children Financial Responsibility?
Teaching your child about financial responsibility is a great way to prepare them for the world as an adult.

5 Ways to Survive College on a Budget: Advice from a College Student
Getting through college without student loans can be tricky. Luckily Sootchy's Intern, Madi Vogt, is here to share her top five ways to save money during your time on campus.

Can You Use a 529 Plan for a Coding Bootcamp?
Learn how you can utilize one of the most popular savings accounts to help pay for a coding bootcamp. Jumpstart your career with a Sootchy 529 plan.

What Is the Best Way to Save for Your Child's Future?
Saving for a child's future can open many doors for them, but not all savings accounts are created equally. Learn the best accounts to save for a child's future.

Can You Roll a 401(k) into a College Savings Plan?
Learn everything you need to know about transferring funds from a 401(k) into a college savings plan from the Sootchy savings experts.

What Is the Best Financial Gift for a Child?
There are many ways you can contribute to a child's future financial success, but what will help them the most? Learn more with the Sootchy savings experts.

Can a Grandparent Open a Savings Account for a Child?
Starting a savings plan for your grandchild sets up limitless possibilities for them. Learn how you can start a savings account for your grandchild.

Sootchy Founder David Adefeso Featured in Forbes
Sootchy founder, David Adefeso, provides his expert insight on the state of student loans for one of the top business publications in the world.

Are Contributions to a 529 Plan Tax Deductible?
A 529 plan is one of the smartest ways to save for college because of the many benefits such as potential tax credits. Learn if you qualify for 529 tax deductions.

Meet Asha Owens: Co-Founder of BestFit
Asha Owens and Rebecca Kwee combined their ideas to connect underprivileged high school students with college students to fight the issue of "summer melt.”

Should Parents Pay for Their Child's College?
With the exponential increases in college tuition, it's almost impossible to pay for school without debt. Should parents foot the bill? Learn more with Sootchy.

Meet Christopher Gray, the Founder of Scholly
Learn how Christopher Gray turned his struggle to fund his education into a national service to help people across the country achieve their dreams.

The Best College Major For Your Personality Type
If your major aligns with your character, you’re more likely to achieve better grades, graduate on time, and stay with the same major throughout your college career.

3 Surprising Reasons Why College is So Expensive
People all over the world are questioning why college is so expensive in the United States. Today, we are going to reveal the top three reasons why college prices have shot up over the last few decades.

3 Important Factors To Consider When Selecting a College
Selecting the right college can be a struggle. Maybe your kid has come to you with a dozen college pamphlets and no idea what they are looking for. Or they have a clue about what kind of universities they like but need to narrow down a few favorites. It can be overwhelming for a young…

What is the Maximum Contribution to a 529 Plan in Vermont?
Learn how much you can contribute to your Vermont 529 plan to get the maximum value out of your college savings plan.

What Fees Are Associated with a 529 Plan in North Dakota?
Before opening your North Dakota 549 plan, learn what fees you will have to pay so you can make an informed financial decision.

Can a 529 Plan Be Used for Trade School?
While they are most commonly associated with college, many people wonder if they can use the benefits of a 529 plan for trade school. Learn more with Sootchy.

Can 529 Plans Be Used for Special Needs?
There are many benefits to 529 plans, learn how you can extend these benefits to someone with special needs.

Can You Have More Than One 529 Plan?
There are many circumstances in which you may want to have multiple 529 accounts, learn all the rules and regulations for having multiple 529 accounts.

What Is the Maximum Contribution to a 529 Plan in Arkansas?
If you are thinking about opening a 529 plan in Arkansas, learn how the account will work and what your maximum contribution is.

Sootchy Celebrates: Mary McLeod Bethune
Mary McLeod Bethune left a legacy of empowering women and minorities through education and access to services. Read more about this amazing woman, and her impact on generations of Americans.

Sootchy Celebrates: Emma Hart Willard
Willard fought for women to have an education in subjects like math and philosophy instead of the ones taught at finishing school. In 1821, she founded Troy Female Seminary, the first school in the US to offer higher education to women.

Sootchy Celebrates: Patsy Takemoto Mink
Patsy Mink spent her career fighting for both gender, and racial equality, affordable childcare, bilingual education and was an author of Title IX, a federal civil rights law. She was also a woman of many firsts. Keep reading to learn more about her fight to empower women in education.

Sootchy Celebrates: Alice Freeman Palmer
Learn how Alice Freeman Palmer spent her life improving opportunities for women to attend college and emphasizing that education was crucial to their independence.

Sootchy Celebrates: Nathan Hare
Learn how Nathan Hare became one of the greatest pioneers of Black studies in America, and how his impacts still change the American educational system.

Sootchy Celebrates: Fanny Jackson Coppin
Learn about the life and legacy of the great Fanny Jackson Coppin, and how she was able to overcome oppression and prosper as a teacher, principal and lecturer.