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Why Save with the Maryland College Investment Plan?

While time is on your side as your child's high school graduation is still years away, you can give your child a head start on their future education. The Maryland College Investment Plan offers a variety of investment options, unique tax benefits, and programs like the Save4College State Contribution Program that are designed to help jumpstart your education savings.

Contribute at your pace. Starting with as little as $25, choose how much and how often to invest based on your budget and goals. It's up to you.

Save here and go anywhere. Use your savings at most public and private colleges and universities, graduate and postgraduate schools, K-12 tuition, community colleges, technical and vocational schools, and apprenticeship programs throughout the U.S. and even some internationally.

Flexible use of funds. Use your tax-free earnings for qualified education expenses including tuition and fees; room and board; books, supplies and equipment; and more.

Benefit from a boost. The State of Maryland and Maryland 529 want to help your child’s dreams take flight. With the Save4College State Contribution Program, you could also be eligible to receive a $250 or $500 contribution from the State.

Whether your child chooses college, trade school, or an apprenticeship, start saving for a bright future today.

Learn more about the Maryland College Investment Plan

Receive Up to $500 From the State

Since 2017, the Maryland 529 Save4College State Contribution Program has been helping Maryland families save money for their child's future education. You could be eligible for a $250 or $500 contribution by opening a Maryland College Investment Plan account and applying online today.

The 2025 application period is now open until 11:59 pm on May 31.

Get Started Today

Join Our “Intro to College Savings” Webinar for Parents

Want to learn more about the Maryland College Investment Plan? Join us for an informational webinar on Wednesday, January 29, 2025 at 7:00 pm.

IMPORTANT INFORMATION
The Maryland Senator Edward J. Kasemeyer College Investment Plan Disclosure Statement provides investment objectives, risks, expenses and costs, fees, and other information you should read and consider carefully before investing. If you or your beneficiary live outside of Maryland, you should compare the Maryland College Investment Plan to any college savings program offered by your home state or your beneficiary’s home state, which may offer state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s 529 plan.

T. Rowe Price Investment Services, Inc., Distributor/Underwriter