A Little Can Go a Long Way
Thinking about the cost of college can seem intimidating. It doesn’t need to be. Most people don’t save everything they need, but small amounts can add up. CollegeBound Saver offers you a simple way to save for education, and our plan is now more affordable than ever.
- Take the first step.
There is no minimum to open a CollegeBound Saver account. It’s easy to start saving in a way that fits your budget.
- Save on your terms.
You can set up a recurring contribution for as little as $1 per month.
- Don’t let fees eat away at your savings.
There are no sales charges, commissions, or account maintenance fees.
- Low-cost portfolios.
Depending on which investment options you choose, the yearly cost for Rhode Island residents ranges from 0.03-0.35%. If you invest $1,000, that means your annual cost can be as low as 30 cents.
Compared to borrowing for college, see why saving with a low-cost plan like CollegeBound Saver is a smart idea.
This hypothetical example is for illustrative purposes only and assumes a 5% return and no withdrawals made during the period shown. It does not represent an actual investment in any particular 529 plan and does not reflect the effect of fees and expenses or any taxes payable upon withdrawal. Your actual investment return may be higher or lower than that shown. The loan repayment terms are also hypothetical and may be higher or lower than that shown. A plan of regular investment cannot assure a profit or protect against a loss in a declining market.