Research + News | Topic: Grandparents

Grandparents Getting Involved in College Planning

FidelityLogoAccording to research from Fidelity Investments, “more than half (53 percent) of grandparents are saving or plan to start saving to help pay for college costs, and a full 90 percent report they would be likely, if asked, to make a contribution to their grandchild’s college savings fund for special occasions in place of other gifts.”

From the report:

“Fidelity’s 2014 Grandparents and College Savings Study finds that a majority of grandparents are taking part in planning for their grandchildren’s college career. In fact, 72 percent of grandparents think it’s important to help grandchildren pay for their college education. Among those who talk to their adult children about a grandchild’s college education, 59 percent give advice about saving for college at least once a year.”

Read the full report here.