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Alaska 529 College Savings PlanAlaska Savings/Investment PlanUniversity of Alaska 529 College Savings Plan You can invest as little as $50 per month up to a total of $250,000 per beneficiary. Your investments are tax deferred and your qualified withdrawals are federal tax exempt. If the beneficiary attends the University of Alaska, the benefits are even greater. The UA Tuition-Value Guarantee, which is available through the ACT portfolio, allows you to virtually lock in tuition value at the University of Alaska. Growth in your account will at least match the cost of tuition increases at the University of Alaska. This guarantee doesn't apply if the funds are used anywhere else but UA.The UA College Savings Plan is offered by the Education Trust of Alaska, but you can use the funds at almost any U.S. educational institution. Get more information at the University of Alaska 529 College Savings Plan website. There are two other plans offered by the Education Trust of Alaska. One is the T. Rowe Price College Savings Plan. It allows up to a total contribution of $320,000, but you can also join with as little as $50 per month if you use the Automatic Asset Builder. The other is the John Hancock Freedom 529 Plan, which is offered nationally through financial consultants. You can get more information about the Hancock plan at http://www.johnhancockfreedom529.com and the T. Rowe Price plan at http://www.price529.com. You should also check with a financial advisor and tax advisor to see if a 529 investment is right for you.
Alaska Scholarships
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Alaska 529 College Savings Plan