Why Your Help is So Important

College costs are rising at double the inflation rate and nearly half of all college families report borrowing to pay for school!¹ That’s why the gift of college is such an important one.

Here’s what you’re helping make possible when you give to a student’s college savings plan:

Thanks a million!

Over the course of a lifetime, the difference in potential earnings between a high school diploma and a bachelor’s degree can add up to a million dollars.²

By 2018, its projected that nearly two-thirds of the jobs available to workers will require a minimum of SOME College education. ³

Even little gifts have a big impact.

When saving for college, every little bit helps. Even small contributions can help cover books, supplies and class fees. And while it may not seem like much, a gift of $25 a year, every year from a child’s birth, could add up to an entire semester’s worth of books!⁴

Help their savings grow, and watch your taxes shrink.

Students aren’t the only ones who benefit. If you are a Colorado resident, every dollar you contribute to a CollegeInvest college savings account can be deducted from your Colorado state taxable income.⁵

Plus, earnings grow federal and state tax-free so every dollar you contribute to their savings account works harder.

So, not only are you helping a favorite child grow their college savings, you get to reduce your own taxes!

 ¹www.finaid.org
 ²www.educationcents.org
 ³ Projections of Jobs and Education Requirements through 2018, the Georgetown Center on Education and the Workforce
 ⁴ Source of semester’s costs: University of Northern Colorado 2009-2010: One semester’s worth of books: $650
 ⁵ Contributions to the Program in a tax year are deductible from Colorado state income tax up to the extent they are included in your federal taxable income for that year, subject to recapture in subsequent years in which non-qualified withdrawals are made.