Friends and Family Gifting

Birthdays and graduations are the perfect opportunity for friends and families to give toward your child’s future. And contributions may be deductible for Colorado taxpayers.¹

Grandparents watching their granddaughter blow out the candles on her birthday cake

Saving for college with help from friends and family

You can make it easy for friends and family to contribute to your child’s college savings fund. Ugift® is a free-to-use service that enables anyone to contribute to your Direct Portfolio, Stable Value Plus and Scholar’s Choice 529 savings account at any time. Account owners receive a unique code for each Beneficiary and each 529 savings account which can be shared via email, text, or social media. Friends and family can use this code to give a meaningful gift for your child’s future. Ugift even offers simple instructions that you can include with graduation announcements or birthday party invitations.

529 Savings Plan

How do I use Ugift®?

Ugift® is an easy to use gifting/crowdfunding service that invites your family and friends to make gift contributions to your CollegeInvest 529 Account.

Simply log into your CollegeInvest 529 Savings Account, click on Ugift®, and a unique URL will be generated (per 529 account) which anyone can use to contribute to your child or grandchild’s 529 college savings account – online or by mail.

Ugift® is available for three of the four CollegeInvest savings accounts:

Direct Portfolio Account Owners

Log in at and click on Ugift®

Stable Value Plus Account Owners

Log in at and click on Ugift®

Scholars Choice Account Owners

Contact your advisor for more details

If you have a Smart Choice 529 Savings Plan, call FirstBank at 800.964.3444 for instructions on how friends and family can give to your child or grandchild’s account.

¹ Contributions to a CollegeInvest Plan by Colorado taxpayers may be deductible from Colorado income taxes in the tax year of the contribution (restrictions apply). Such deductions are subject to recapture in subsequent years in which non-qualified withdrawals are made.

Parents playing with their baby on a red couch

A free $100 gift for new parents.

New parents can jump-start their child’s savings with a $100 gift contribution from us. First Step is a new program passed by the Colorado legislature and CollegeInvest, offering a $100 gift for every newborn or adopted child in Colorado on or after January 1, 2020 to get you on your way to saving for their higher education.