The hardest part of saving for college can be getting started. We can help. CollegeBoundbaby offers a $100 grant to every child born to or adopted by Rhode Island families between January 1, 2015 and June 30, 2021. To receive your grant, complete an Authorization Form within one year of birth or adoption. Your CollegeBoundbaby grant will be held and invested in an account until your child is ready to attend a higher education institution. The grant can then be used to pay for higher education expenses like tuition, room and board, and books.
For details on eligibility and more, please see the Program Description.
Once you’ve signed up for your $100 grant, you’ll receive a welcome packet with information on how you can keep saving for college by opening a CollegeBound Saver 529 account. CollegeBound Saver is a convenient, affordable way to save for your child’s future education. It offers special tax advantages, low fees, and flexible investment options. You can even put saving on autopilot with recurring contributions or ask friends and family to chip using our gifting feature. You can even put saving on autopilot with recurring contributions or ask friends and family to chip in using our gifting feature.
Visit collegeboundsaver.com for more information.