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Giving Dreams a Boost

You could be eligible for a $250 or $500 State contribution with the Save4College State Contribution Program.

The 2024 application period is now open until 11:59 p.m. on May 31.

Note: Be sure you have completed the Program's eligibility requirements. In accordance with the Maryland Code, the Office of the Comptroller of Maryland, is required to verify the income level you provided. For additional details, please see "How to Apply".

State contribution program

Everyone Could Use a Savings Boost.

You could be eligible for a $250 or $500 State contribution with a College Investment Plan account. The Save4College State Contribution Program is subject to changes by the Maryland General Assembly. If legislation is passed that would affect the current application period, updates will be posted here.

How to apply

It's Easy to Apply With the Online Application.

The Save4College State Contribution Program is designed to help lower to middle-income households in Maryland save money for higher education. Your savings can be used at nearly any public, private, or technical college nationwide—and even international universities that have a federal school code—for qualified eligible education expenses such as tuition, fees, room and board, etc.

Review Maryland State Requirements Prior to Applying

Before you apply, be sure to review the Program's eligibility requirements.

See Eligibility Requirements

Open a Maryland College Investment Plan Account or Log In

Simply log in to your Maryland College Investment Plan account and apply now to get started.

Apply Online Before the Application Period Deadline

Once you have reviewed the Program's eligibility requirements, simply log in to your Maryland College Investment Plan account and apply. You can also download and print an application.

Get Started

Program requirements

Ensure Your Eligibility and Review Program Requirements

Use the tabs to view the Save4College State Contribution Program eligibility requirements.

FAQS

Learn More About the Save4College Contribution Program

To be eligible to receive the State contribution you must make the minimum contribution of $25, $100, or $250, based on your household income (as verified by the Office of the Comptroller of Maryland), no later than November 1. You must make the minimum contribution into the account(s) in which you applied for the State contribution.

If the applicant is deemed eligible and makes the required contribution to the account no later than 11:59 pm on November 1 of the same year, State contributions will be received by December 31 of the calendar year in which the account owner made the contribution, contingent upon the State providing funding for the Program.

If you receive a State contribution for any account in a given year, you are not eligible for the income subtraction on your State taxes for contributions that you made to that or any other Maryland College Investment Plan account in that year. Current Investment Plan account owners who do not receive a State contribution, however, are still eligible to receive a Maryland income subtraction of up to $2,500 per year, per beneficiary for contributions made to the account.

Call 888.4MD.GRAD (463.4723) and select Option 1, or email clientservice@maryland529.com

Ready to get started?

Apply Now