529 Plan Details:
Enter your state:
World's Simplest College Calculator:
How old is your child?
Find a 529 Pro:
Enter your zip code:
Enroll In a 529 Plan:
Recent Industry News
529 plan assets continue to reach year-over-year highs
(December 5, 2013) - Strategic Insight reports total 529 college savings plan assets have reached $191.3 billion as of September 30, 2013. This is a 16.9% increase over assets from the third quarter of 2012.
Net outflows (contributions minus withdrawals) in 3Q13 were at $0.603 billion, compared to $0.845 billion in 3Q12, indicating that families are successfully spending 529 plan savings on qualified higher education expenses.
College Board reports historical low for percentage increase in 2013-14 college costs
(October 24, 2013) - The College Board has released its annual Trends in College Pricing report for the 2013-14 school year. The report shows a 2.9% average increase (to 8,893) in tuition and fees for in-state students at public four-year institutions, the smallest percentage increase in over 30 years. A 3.5% increase (to $3,264) is seen at public two-year institutions, and a 3.8% increase (to $30,094) is reported at private non-profit four-year colleges.
The addition of room and board charges brings the totals to $18,391 and $40,917 at public four-year institutions (in-state) and private four-year colleges, respectively.
Ten-year trends show published tuition and fees for in-state students at public four-year institutions increasing at a rate of 4.2% each year beyond general inflation. The comparable average increases for public two-year institutions and private four-year colleges are 3.0% and 2.3%.
The report also points out that because of increases in aid, the average net price for full-time in-state public four-year students was actually lower in 2009-10 then in 2008-09. However, it has increased from 2009-09 to 2013-14.
Upromise Investments acquired by Ascensus
(October 2, 2013) - Independent retirement services provider Ascensus has entered into an agreement with Sallie Mae to acquire Sallie Mae's 529 college savings plan administrator, Upromise Investments. The transaction is expected to close in the fourth quarter. The Upromise Rewards division is not included in the sale.