Hundreds of institutions help parents with their budgeting by accepting tuition and room and board payments on a periodic basis, typically over a ten-month period. Expect to pay a nominal fee for the privilege.
SUGGESTION: These plans are great for helping you budget your cash flow during the time you are actually paying the tuition.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.