You Invest a Dollar: We Invest a Dollar.
Please carefully review the Applicant, Beneficiary and Account requirements for the current program year below.
To apply, please have the following information ready:
Full name and SSN of the Parent/Guardian of the 529 CollegeInvest Savings account.
PDF of Federal Tax Forms for all Parent/Guardians in the household. If more than one Parent/Guardian in the household and filed separately, please provide both Federal Tax Forms in PDF form. We do not accept password protected PDFs.
Full name and SSN of the Beneficiary.
*Each Beneficiary must have a separate application
Required if open at the time of application.
Be sure to have checked the eligibility requirements for the current program year above
When you’re ready, log in to your existing Matching Grant Program account to apply for the upcoming Program year. You can also use your Matching Grant Program account to:
How do I find out more information about the Matching Grant Program?
You can find more information in our Terms and Conditions.
How old can my child be for me to apply to the Matching Grant Program?
Your child has to be 8 years old or younger to apply for the first time to the program. After that, the age limit goes up to the age of 18 years old.
I logged in to my account but do not see the Matching Grant information. Why not?
You probably logged in to the Direct Portfolio, Scholars Choice or Smart Choice which means you have logged into the wrong portal to see the Matching Grant Program account.
Matching Grant has it’s own portal at https://matchinggrant.collegeinvest.org/
Why don’t I see the application?
The Application Form is only available during the annual application period (typically October through December)
Do I have to reapply each year or am I automatically reenrolled?
You have to reapply each year and submit the required Federal Tax Forms.
If you don’t apply, you are not eligible for the award.
How do I calculate my family household size?
Count the number of Parents/Guardians in the household and the number of children that are under the age of 18.
Where do I find my Adjusted Gross Income (AGI)?
Your AGI is listed on your Federal Tax Forms. Typically on the first page of the tax form.
If filing separately, combine both Parent/Guardians AGI’s from both tax forms to come up with the total AGI for the family household.
How long do I have to contribute to my account to receive an award?
Each program year you will have one full year to contribute to your account.
The contribution period (Matching period) for the 2023 program runs from January 1, 2023 to December 31, 2023.
See the Terms & Conditions of the program year for full dates.
What if I can’t contribute the full $500 to my CollegeInvest 529 Savings account? Do I still get the award?
Yes, we will match dollar for dollar up to the $500.
Example: You can only contribute $350, then your award would be $350 for that program year’s award.
Even a small contribution can add up to big savings.
How do I know I am eligible for the award?
You will receive written or email confirmation from CollegeInvest indicating that you are eligible for a Grant for contributions you make during the designated period (up to $500, subject to the availability of funds).
I’m eligible for an award. Does that guarantee me the award?
No, you have to contribute funds during the contribution period of the program (typically a calendar year).
For contribution periods, see the Terms and Conditions
How many awards can I receive?
You can receive 1 award per year up to 5 years, per Beneficiary, for a total of 5 awards.
When will I get my award?
The Matching Grant Program funds will be awarded in the first quarter following the completion of the program year.
I’ve received notice that I’ve been awarded but I don’t see the award. Why not?
The award could take a few days to a week to show up in your account. Check back in a few days.
I don’t see my award in my account. Where is it?
The award goes into a separate account that CollegeInvest owns for your child.
For more information about the CollegeInvest owned account for your child, please refer to the Terms and Conditions.
How do I make a withdrawal from my Matching Grant Program account?
To make a withdrawal login to your Matching Grant Program account and click on Disbursement in the header.
Remember the Matching Grant Program awards can only go directly to institutions of higher education.
How long do I have to use the awarded funds?
You have 4 years from the age of maturity (typically 18 years old) to start using the funds in the Matching Grant Program account or the funds can be revoked.
You have 6 years from the age of maturity (typically 18 years old) to finish using the funds in the Matching Grant Program account or the funds will be revoked.
What expenses can I use my Matching Grant Program funds on?
The Matching Grant Program awarded funds can only go directly to the institution of higher education. So, any expense the school charges you for that has to be paid directly to the college. Usually, just fees and tuition.
First Step is a new program recently passed by the Colorado legislature and CollegeInvest, offering a free $100 gift for every newborn or adopted child in Colorado on or after January 1, 2020 to jump-start your way to saving for their higher education.
The 529 Scholarship is closed to new participants.