Jay Murray

Personal Finance, Investing, Small Business
“As the founder of Solutions for Tuition and Solutions for Tuition Education, Jay Murray helps parents, grandparents, and students avoid costly mistakes.”

Solutions for Tuition

Job Title:



Jay Murray has worked with over 600 families and speaks regularly to students, parents, grandparents, CPA’s, financial advisors, service organizations, business owners, employees and many others about the dramatic changes taking place in college funding today and how to implement effective strategies to save money, reduce stress, and properly integrate college funding into their lifestyles.

Jay and his team show clients how to qualify for financial aid awards and how to maximize their award. For those clients not qualifying for financial aid, Jay can show them how to capture powerful tax scholarships for their children and grandchildren. They have even helped wealthy families qualify for financial aid. Every family is different. That's why they offer a complimentary consultation - to discover how they can help their clients save money.

In addition to extensive education and experience Jay, and Kathy - his wife of 30 years - have had two children in college and one child in high school simultaneously - and understand firsthand the challenges facing today’s families. Jay’s passions include fly fishing, playing guitar and the Tennyson Center for Children.

CRD Number:



Advisory Services offered through Solutions for Tuition, LLC - a Registered Investment Advisor with the State of Colorado.

All Answers
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    Financial Planning, Insurance, Life Insurance
What is a better vehicle for saving for my child's education costs: a whole life insurance policy or a 529 plan?
50% of people found this answer helpful

A high quality permanent life insurance policy can be an effective way to save for college for younger children.  The cash value will not be counted in the financial aid process at most colleges, while the value of a 529 plan could reduce an award the family would otherwise receive.  If properly structured, the cash value can be borrowed to pay college costs.  If the student does not go to college, the funds can continue to grow inside the policy or be used for any other purpose, e.g. buying a home.  If you fund a 529 plan and the student does not go to college you may transfer the plan to another family member, or withdraw the funds and pay the 10% penatly and tax on the gains, if any.  The new tax code now allows 529 plans to be used to pay private k-12 expenses, where previously this was not allowed. 

February 2018
What happens when a company you own shares with sells their assets for a big amount?
25% of people found this answer helpful
October 2017
    College Tuition, Retirement, Taxes
Can you a receive a tax benefit for contributing towards your child's school tuition?
17% of people found this answer helpful
October 2017
    College Tuition
How can I qualify to earn reduced or free college tuition to further my education?
0% of people found this answer helpful
July 2017
    College Tuition, Debt
Can I get a loan sent to me instead of my school, so that I can pay my living expenses?
0% of people found this answer helpful
July 2017