<p>SLUMOM- glad to know that others have used their HELOC to fund college. Makes me feel better about possibly having to use it. But I have never heard of a bank reducing or pulling the line of credit out from under like both you and sk8rmom have just said. I am going to call my bank tomorrow and check into this. Would HATE to think that we could not rely on it. Even with the downturn in real estate value, we have a lot of equity in our house and the HELOC is set at half of that equity. Thanks for the heads up!</p>