Norway Savings Bank - more than money

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Financial Aid Tips from the Experts

Click here for valuable information to help you meet the challenges of paying for college. Brought to you by The Finance Authority of Maine, you will find a wealth of information regarding college planning, financial aid, searching for scholarships and loan repayment.

A good education is about more than money. Sending your children to college is one of the finest gifts you can give them — the doorway to a life of greater confidence, prosperity, and happiness. Yet with college costs at an all-time high, the financial challenges can be daunting.


 

 

At Norway, we're here to help, with friendly expertise and a wide range of tools to show you how to plan successfully.
An innovative non-deductible IRA savings plan that lets you make tax-free withdrawals to help pay for your child's education.

A popular Section 529 plan that gives you tax-deferred earnings growth plus tax-advantaged withdrawals. Funds can be used to pay for any accredited post-secondary school in the United States.