Give the Gift That Lasts a Lifetime.

Grandparents are a great companion to help parents save the most for college! A recent study reported that a significant number of grandparents “are ready, willing, and able to contribute to their grandchildren’s education; the parents just have to ask the question.”

Source: Hartford Financial Services Group Study, Fall 2008

For that next special event (or even for no reason at all!) make a contribution into your grandchild’s college savings account in lieu of a traditional gift.

Not only can they benefit from your gracious action, but there are tax and estate planning benefits to you directly with your CollegeInvest savings account. A gift for both of you!

For example, you could…

• Contribute a percentage of a college cost like books, room and board or tuition:

One semester’s cost for books:     $650 x 10% = $65
One semester’s tuition and fees:     $2,700 x 5% = $135
One semester’s room and board:     $4,239 x 5% = $212

Source of semester’s costs: University of Northern Colorado 2009-10

• Reward a grandchild’s good grades with deposits into their college savings – every A earns $25, each B earns $10, etc.

• Even a small amount like $25 a month will go further than sending video games or treats

Estate Planning