Funds are invested in low-cost, professionally managed stock, bond, and money market mutual funds designed to outpace tuition inflation. The funds are highly flexible - they may be used at any accredited higher education institution in the U.S., including vocational and technical schools and, if not used, can be transferred to other family members. Funds can be used for tuition, room and board, books, fees, and other qualified expenses. These 529 plans have been featured in Time, Newsweek Money Magazine, and USA Today as the best new way to save for college. Contributions can be made by check payroll deduction, or automatic funds transfer.
Participants invest in a combination of stock, bond, and money market mutual funds.
ScholarShare accounts are offered through a Participation Agreement and a Disclosure Booklet. Back to the list of sections.