Compare 529 Plans by Features

Plan

Does the sponsoring state exclude the value of an account for state financial aid purposes?

Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?

No

Yes, a beneficiary receiving a qualified distribution from an account to pay tuition at the University of Alaska may be eligible for a waiver of the nonresident tuition surcharge

No

Yes, participants in the plan with an active account in any portfolio for the two years immediately preceding enrollment may be eligible to receive resident tuition rates for the University of Alaska regardless of their state residency.

No,, but California excludes 529 plans when considering eligibility for Medi-Cal.

No

DC College Savings Plan

District of Columbia

No

No

Florida 529 Savings Plans to do not impact Florida Bright Futures Scholarship Awards (the primary state financial aid program in Florida).

No

KY Saves 529

Kentucky

Yes

Yes, beneficiaries with eight years of program participation and $2,400 in total contributions who move out-of-state remain eligible for resident tuition rates at Kentucky public institutions

No.

No

No

No

Yes, by state regulation.

No

NC 529 Plan

North Carolina

No

No

No

No

Effective November 1, 2008, money in an Oklahoma 529 plan account is no longer considered in calculating eligibility for TANF, Food Stamps or the Low Income Home Energy Assistance Program (LIHEAP).

No

my529

Utah

No

No, except that my529 account owners who resided in Utah and owned a my529 account for eight consecutive years prior to May 5, 2008, may be eligible to receive in-state tuition at an eligible Utah state school.

No, however the account is treated as an asset of the student's parent and not as an asset of the beneficiary

No

Invest529

Virginia

No

No

SMART529 Select

West Virginia

Yes

No

Edvest

Wisconsin

Yes

No