Looking for a good way to save for college? It’s as easy as 529.

CollegeInvest is dedicated to helping Colorado families save for higher education. 

By providing accessible, affordable options for saving and investing in education, they empower you to achieve your educational goals without financial barriers.

Colorado's 529 College Savings Program lets you save for tuition, room and board, books and more — with tax-advantaged accounts. Your money grows tax-free when used for qualified expenses, and CU employees can set up payroll contributions to make saving even easier throughout the year.

CollegeInvest program features:

• Colorado state income tax deduction for contributions
• Open an account with as little as $25
• Tax-deferred growth and tax-free qualified withdrawals
• Savings can be used nationwide
• Four plans tailored to meet your investment style
• Account owner controls the money
• Beneficiary can be changed without penalty
• Direct deposit options make it convenient
• No income or age limitations
• Expert money managers

To get started, visit CollegeInvest’s website, select a plan and enroll.

The First Step Program

Have a child born or adopted in Colorado on or after January 1, 2020? You may be eligible for a free $121 contribution to a CollegeInvest 529 account — no strings attached.

That's just the start. Once you claim your $121, CollegeInvest will match your contributions dollar-for-dollar, up to $500 per year for three years. That's a potential $1,500 in matching funds to help build your child's education savings.

How it works:

1. Open a CollegeInvest account (if you don't have one already).
2. Apply online at collegeinvest.org/first-step — you will need your child's account number and birth certificate state file number.
3. If eligible, the $121 will be deposited into your account within 30 business days.
4. CollegeInvest will automatically match your contributions up to $500/year for 3 years — totaling up to $1,500 in gift contributions.

Eligibility: The child must be born or adopted in Colorado on or after January 1, 2020 and be under age 8 at the time of application. The matching incentive is available to parents and legal guardians. Read the full program Terms & Conditions for more information.