Upcoming webinar

Thursday, March 12, 2013

7pm - 8pm

Use Your Tax Refund to Save More!

You can have your Federal or Maryland State tax refund electonically deposited into your College Investment Plan Account.

Download the form.

Save here. Go anywhere.

The College Savings Plans of Maryland is the easy, affordable and smart way to save for your child's education at nearly any college in the nation. Starting to save now is the best thing you can do to support their success in 5...10...or 18 years. We offer two distinct and flexible plans that will help you accomplish your goals and help give your child a head start. Also, they’re the only 529 plans that offer a Maryland State income deduction for Maryland taxpayers. Very cool.

Maryland Prepaid College Trust
Backed by a Maryland Legislative Guarantee

2012-2013 Enrollment 12/1/2012 - 04/08/2013

Maryland College Investment Plan
Managed and underwritten by T. Rowe Price

Enrollment is Open All Year

Use one or choose both; as little as $25 per month can get you started today. Remember, it’s never too early or late to have a plan.

"Gold" Rating from Morningstar Inc. for the Maryland College Investment Plan - third year in a row receiving their highest rating!

Please carefully read the Enrollment Kit which describes the investment objectives, risks, expenses, and other important information that you should consider before you invest in the College Savings Plans of Maryland. The Enrollment Kit is available online or by calling 888.4MD.GRAD (463.4723). Also, if you or your beneficiary live outside of Maryland, you should consider before investing whether your state or your beneficiary’s state offer state tax or other benefits for investing in its 529 plan.

Morningstar analysts reviewed 64 plans for its 2012 survey (10/15/12), of which 4 plans received a "Gold" rating. To determine a plan's rating, Morningstar's analysts consider five factors: the plan's strategy and investment process; the plan's risk-adjusted performance; an assessment of the plan's manager; the stewardship practices of the plan's administration and parent firm; and whether the plan's investment options are a good value proposition compared to its peers. Plans were then assign forward-looking ratings of "Gold," "Silver," "Bronze," "Neutral," and "Negative." 22 of the industry’s smallest plans were not rated.