Worried about 529 plan fees? To ease your concerns about paying too much to save for college, here’s a list of the 15 lowest cost direct-sold plans, based on our latest annual 529 Fee Study, dated March 2020.

15. Minnesota – Minnesota College Savings Plan

529 plan fees

10 year costs on a $10,000 investment: 

  • Lowest cost options – $157
  • Highest cost options – $309

Available to residents of any state

14. New Mexico – The Education Plan’s College Savings Program

529 plan fees

10 year costs on a $10,000 investment: 

  • Lowest cost options – $154
  • Highest cost options – $555

Available to residents of any state

13. Michigan – Michigan Education Savings Program

529 plan fees

10 year costs on a $10,000 investment:

  • Lowest cost options – $154
  • Highest cost options – $306 

Available to residents of any state 

12. West Virginia – SMART529 WV Direct College Savings Plan

529 plan fees

10 year costs on a $10,000 investment: 

  • Lowest cost options – $167
  • Highest cost options – $481

Available to residents of any state 

11. Virginia – Invest529

529 plan fees

10 year costs on a $10,000 investment: 

  • Lowest cost options – $142
  • Highest cost options – $779 

Available to residents of any state

10. New Hampshire – UNIQUE College Investing Plan (tie)

529 plan fees

10 year costs on a $10,000 investment: 

  • Lowest cost options – $141
  • Highest cost options – $1,370

    Available to residents of any state 

    9. Massachusetts U.Fund College Investing Plan (tie)


    529 plan fees

    10 year costs on a $10,000 investment: 

    • Lowest cost options – $141
    • Highest cost options – $1,210

    Available to residents of any state 

    8. Delaware –  Delaware College Investment Plan (tie)

    529 plan fees

    10 year costs on a $10,000 investment: 

    • Lowest cost options – $141
    • Highest cost options – $1,210

      Available to residents of any state 

      7. Arizona –  Fidelity Arizona College Savings Plan  


      529 plan fees

      10 year costs on a $10,000 investment: 

      • Lowest cost options – $141
      • Highest cost options – $1,210

        Available to residents of any state 

        6. Illinois – Bright Start College Savings Program – Direct-sold Plan


        529 plan fees

        10 year costs on a $10,000 investment: 

        • Lowest cost options – $128
        • Highest cost options – $1,029 

        Available to residents of any state  

        5. California – The ScholarShare College Savings Plan 

         529 plan fees

        10 year costs on a $10,000 investment: 

        • Lowest cost options – $103
        • Highest cost options – $691

        Available to residents of any state 

         4. Texas – Texas College Savings Plan   

        529 plan fees

        10 year costs on a $10,000 investment: 

        • Lowest cost options – $51
        • Highest cost options – $1,211 

        Available to residents of any state 

         3. South Carolina – Future Scholar 529 College Savings Plan (Direct-sold)   

        529 plan fees

        10 year costs on a $10,000 investment: 

        • Lowest cost options – $26
        • Highest cost options – $318

        Only available to residents of South Carolina

         2. Florida – Florida 529 Savings Plan 


        529 plan fees

        10 year costs on a $10,000 investment: 

        • Lowest cost options – $25
        • Highest cost options – $758 

        Available to residents of any state 

         1. Louisiana – START Saving Program   

        529 plan fees

        10 year costs on a $10,000 investment: 

        • Lowest cost options – $0
        • Highest cost options – $389 

        Only available to residents of Louisiana