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Texas schools are hardly alone in feeling what Lauer called a sea change in public college funding : At UCLA , state funding now pays for only 15 percent of the operating budget . You can consider a college fund that is 100 percent in stocks and stock mutual funds . Riding horses , sailing , and downhill skiing would be on the agenda if we were n't saving for our boys ' college funds . I also saw some really cool pictures of the early 1900s Pirates at the Silent Auction that I asked my dad if he 'd let me pay my college fund for them ! Finally , about two months ago , after exhausting all my assets - - term deposits , RRSPs , money in the children 's bank accounts that grandparents had put in every birthday , every Christmas for their college funds , it is all gone . Note : Assistance for travel for the purpose of presenting research findings to one 's peers at a professional meeting is available from existing department / college funds as well as from the Travel Support for Scholarly Presentations program administered through ORSP . The easiest way to get started is to set aside a small portion of your salary each month to contribute to your child 's college fund . Whatever works best for your area is recommended ; however , notifying the college in advance of your method of fund raising and your time line is essential so that alumni and college fund raising efforts do n't trip over one another .