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And just like 529 college savings plans, prepaid tuition plans have very high contribution limits. These limits are determined at the state level, and are generally based on the student’s expected future college costs. Contributions are also considered gifts for tax purposes, so deposits up to $15,000 per year per individual will qualify for the annual exclusion . What’s more, if you elect to treat your gift as if it were made over a five-year period, as much as $75,000 will qualify. Participants purchase tuition credits or certificates that entitle the account’s beneficiary to a waiver of tuition costs at qualifying colleges when the student (i.e., the beneficiary ) enrolls in school at some future date. Although the price paid today is not necessarily equivalent to current tuition costs, prepaid plans use current tuition levels to establish their pricing. 529 college savings plans can be withdrawn tax-free to pay for qualified higher education expenses, which include tuition, fees

While specific requirements may vary slightly by school, student-athletes must typically maintain at least a 2.00 GPA to remain eligible for participation in sports. The NCAA, NJCAA, and NAIA exist, in part, to make sure that student-athletes have a fair opportunity to make academic progress in their college program, as well as to protect athletes from being overworked. The NCAA is seemingly the final authority to decide whether college athletes should be paid to play college sports. However, in 2019, California Governor Gavin Newsom signed the Fair Play Act that allows college athletes to hire agents, sign endorsement deals, and be paid for the use of their likeness. Instead of abandoning amateurism altogether, Brown and Williams recommend reallocating some of the revenue from college sports to fund programs to increase higher education outcomes for all members of the Black community. This restriction on college athletes will change under the new Fair Pay to Play Act, set to take

Due to the passage of Title IX in the United States, universities must offer an equal number of scholarships for women and for men. Sports also provide a natural structure that grounds and disciplines student athletes. Student athletes benefit from college athletics departments that monitor athletes’ academic performance and ensure targeted academic support as needed. Newlands owner Rochelle M. Forrester said she would consider removing the word "university" from the name of her institution in order to comply with the law. According to the laws on higher education in Bosnia and Herzegovina the terms "university", "faculty", "academy" and "university of applied sciences" can be used only by accredited educational institutions. Accreditation is independently assessed by the Agency for Development of Higher Education and Quality Assurance and formally conferred by the Ministry of Education and Science for each canton, entity or district