There are many savings vehicles used for education expenses.
Still, the most known (and used) is the 529 Plan, a qualified tuition plan that provides tax-advantage savings, provided the money is used for qualified education expenses.
Other less-used savings tools include Coverdell ESAs, UGMA or UTMA accounts, and, in some instances, a Roth IRA.
Understanding the various nuances of each type of account and what might be the best fit for your student is essential. I can help.