CollegeInvest Matching Grant Program

You invest a dollar. We invest a dollar.

Do I Qualify? Current 2010 Participants

Questions? Call 1-800-478-5651 or Email savings@collegeinvest.org

The CollegeInvest Matching Grant Program is one more reason to feel good about living in Colorado! Designed to help lower- to middle-income Colorado families save for higher education, this program can provide eligible account holders with matching funds – up to $500 each year for up to five years  - when they open and contribute to a CollegeInvest 529 College Savings Account.

Please note: The 2010-11 CollegeInvest Matching Grant Program's application period is open from September 1 - December 31, 2010. Your eligible contributions to your CollegeInvest savings account must be made between September 1, 2010 and May 31, 2011.

How does it work?

• Meet the eligibility requirements.
• Complete and submit an application  along with a copy of your 2009 federal income tax return between September 1 and December 31, 2010 to be pre-approved to receive a Matching Grant.
• If you are a current 2010 Matching Grant Participant, you DO NOT need to submit a copy of your 2009 federal income tax return since you already did to be qualified for the 2010 program.
• If approved, you will receive written confirmation from CollegeInvest indicating that you are eligible for a Matching Grant for any contributions you make during September 1, 2010 – May 31, 2011.*
• Open and/or make contributions to your CollegeInvest savings account from September 1, 2010 – May 31, 2011.
• CollegeInvest will open a Matching Grant Account for your child/children and match $1 for $1 of what you contributed up to $500 per account, subject to the availability of funds.
• You can re-apply each year you want to be in the program, for up to five years.

Even small contributions add up to big savings.

For example, if you can invest even $25 a month in your child's account for one year, you will have saved $300. CollegeInvest will then put in another $300 in matching funds.

And, as long as you continue to meet the program’s requirements and apply each year, you may receive contributions matching yours for up to five years.*

Back to our example, by saving $25 a month for five years in the program, you will have invested a total of $3,000 between your personal savings and the CollegeInvest matching funds.

* Matching grant rates and awards are subject to the availability of funds.