The Minnesota College Savings Plan makes it easy and affordable to save for a loved one’s future college education. Benefits include:

• Anyone can open an account.   There are no age or income restrictions. 
• Low minimum contribution.  You can open an account for only $25.
• Tax advantages. Any earnings on an account can grow free from federal and Minnesota income tax.  And, earnings will be federal and Minnesota income tax free if account proceeds are used for a qualified withdrawal.
• Flexible features. You can use funds at any qualified institution in the nation and some abroad for a variety of qualified higher education expenses including tuition, fees, books, supplies and certain room and board costs.
• Choice of low fee Investment Options.  You can choose from six investment options, including a Guaranteed Option for more conservative investors.
• Potential Matching Grant.  Some Minnesota families may qualify for a Matching Grant from the state of Minnesota.  Restrictions apply.

The Minnesota College Savings Plan is a state-sponsored, 529 college savings plan implemented and administered by the Minnesota Office of Higher Education and managed by TIAA-CREF Tuition Financing, Inc.

You can enroll online at www.mnsaves.com  or by calling toll-free at 1-877-338-4646. Please read the Plan Disclosure Booklet prior to opening an account.