Open an Account

Maryland Prepaid College Trust

Maryland Prepaid College Trust

Lock in tomorrow’s tuition at today’s prices!

The 2018-2019 enrollment period for the Maryland Prepaid College Trust is closed. If you have a newborn under age one, or if you are a current Maryland College Investment Plan account holder and would like to open a Maryland Prepaid College Trust account, please call 1.888.4MD.GRAD and select Option 2. Due to the Thanksgiving holiday, the deadlione for accepting applications for the 2018-2019 enrollment period is 4:30 pm, Wednesday, November 27.  

The 2019-2020 Enrollment Period will open on December 1, 2019.

Maryland Prepaid College Trust is one smart way to save. Your payments are pooled with those of our other account holders and invested to fund your future benefit payments. By devoting a fixed lump sum amount or selecting monthly or annual payments, you'll not only put your college savings goals within reach; you can lock in the price of future Tuition now.

It’s that simple!

Plus, the Maryland Prepaid College Trust has a lot of other great benefits for Maryland 529 plan participants:

  • Starts with as little as a one semester plan
  • Flexible tuition plans and payment options
  • Your benefits can be used both in or out of state – providing flexibility
  • You can change options if you need to
  • It’s backed by a Maryland Legislative Guarantee
  • Your payments may be eligible for a Maryland State income deduction
  • Any earnings are tax-free when used for qualified education expenses

Earnings on a distribution not used for qualified expenses may be subject to income taxes and a 10% federal penalty. State tax laws and treatment may vary. Please check with your state or a tax advisor regarding the specific tax rules for your state.

Learn more about the Features & Benefits

Is the Maryland Prepaid College Trust right for you? Find out!

Who can enroll?

The Prepaid College Trust is open to newborns through 12th graders. At the time of enrollment, either you or the beneficiary (child) must be a Maryland or DC resident.

When can I enroll in the Maryland Prepaid College Trust?

The 2018-19 enrollment period is closed. The 2019-2020 enrollment period will open on December 1, 2019. 

The Maryland Prepaid College Trust offers a range of flexible tuition plans and payment options. Choose from:

  • University Plan (1 semester- 4 years)

  • Community College Plan (1-2 years)

  • Two Plus Two Plan (2 years at a Community College and 2 years at a 4-year college)

Lump sum


5-year monthly

Extended monthly

Learn more about tuition plans and payment options.

Can’t decide which plan to choose? Remember, you don’t have to! You can save for college with both the Prepaid College Trust and the College Investment Plan, or pick the plan that’s better for your needs.

Compare the benefits of both Plans