State Aid

Missouri

As the state’s official agency for higher education, the Missouri Department of Higher Education devotes its site to information concerning college preparation, financial aid and loan applications.

Under the MO$T program, Missouri residents can designate amounts specifically for accounts to finance a designated beneficiary’s education. The amount is deductible from Missouri state taxable income. When beneficiaries enter college, money can be withdrawn from the accounts for qualified higher education expenses at eligible schools in Missouri or the nation tax-free.

Kansas

The Kansas Board of Regents serves as the state’s official agency for higher education. Its Web site contains information on Kansas universities and colleges, as well as financial aid.

Learning Quest, a 529 college savings plan, offers education savings accounts for Kansas residents to help pay higher education expenses for designated individuals. The program also provides tax advantages under both state and federal law.