Direct Portfolio Plan Disclosure Statements
This plan offers 529 investment options from conservative to aggressive to appeal to any family’s situation, saving goals, and investment preferences.
plan managed by:
Take advantage of Upromise® that returns a percentage of your eligible spending at hundreds of America’s leading companies and transfers that money periodically to your plan account, subject to a minimum amount.¹
¹Funds in a Upromise account will not be transferred until earnings reach a minimum amount. Go to upromise.com for more information on transfer minimums. Upromise is offered by Upromise, Inc. and is separate from the Plan.
When you choose the CollegeInvest Direct Portfolio College Savings Plan, you gain the expertise of Vanguard, one of the world’s largest and most trusted investment management companies.
Vanguard offers you an impressive package: time-tested investment principles, client-focused values, and costs that are among the lowest in the mutual fund industry. Vanguard focuses on attaining superior long-term performance for investors rather than chasing the latest market fad.
All of these factors work together to help you reach your savings goals.
How much am I going to need?
You don’t need much to get started, only $25 when you enroll, and subsequent contributions can be as little as $15.
The total amount you save completely depends on your family’s goals and resources. A common goal is to save enough to cover one-third the total cost of college for your student. The earlier you tackle saving for college, the better off you’ll be in the end, and the best time to start is now.
Am I going to lose this money if I don’t use it for college?
What if my student gets a scholarship or decides not to go to college? 529 Plans are very flexible, and you have several options.
How much do I need to know about investing to manage a college savings account?
Some types of investments can be managed for you, like age-based options where your funds are automatically moved toward more conservative investments as your student ages toward going to college.
But it’s also good to have some basic investing knowledge – it’s not hard to learn, and it will help you save for any goal. We’ll teach you the few important things you need to understand.
Investment returns are not guaranteed and you could lose money, including principal, by investing in these options.