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Save for Education
Your Way

Decide exactly how you want to save with the Maryland College Investment Plan (also referred to as the College Investment Plan), managed by T. Rowe Price, an investment management firm with more than 80 years of experience. Choose how much and how often to invest based on what's best for your budget and goals. It's up to you.

WHY THE MARYLAND college investment plan?

Why Save with the College Investment Plan?

It's flexible in more ways than one and offers a unique Maryland state income subtraction for Maryland taxpayers on contributions of up to $2,500 per beneficiary each year.

  • Decide how much you want to contribute starting with as little as $25.
  • Select your own investment options from Enrollment-Based Portfolio Solutions and Fixed Portfolios.
  • Any earnings are federally tax-free when used for qualified education expenses at colleges and trade schools, K-12 tuition, and more.
  • Your contributions may be eligible for a Maryland state income subtraction.
  • You could be eligible to receive a $250 or $500 contribution through the State Contribution Program.
  • Invite friends and family to be a part of your savings journey with a Ugift® code that links directly to your account.

Investment options

Choose a Target Year Portfolio or DIY. We've Got Options.

Choose the investment option that best meets your goals.

Morningstar, Inc. “Silver” Rating

Save for College with a "Silver" rated plan.

The Maryland College Investment Plan was one of only 15 plans to receive a “Silver” rating by Morningstar, Inc. in 2023.*

*Morningstar analysts reviewed 54 plans for its 2023 ratings (11/2/23), of which 15 plans received a “Silver” rating. To determine a plan's rating, Morningstar's analysts organized their research around four key pillars: Process, People, Parent, and Price. Visit this site for additional information about Morningstar's methodology. Plans were then assigned forward-looking ratings of “Gold,” “Silver,” “Bronze,” “Neutral,” and “Negative.” Each year, certain of the industry's smallest plans are not rated.

Analyst Ratings are subjective in nature and should not be used as the sole basis for investment decisions. Analyst Ratings are based on Morningstar analysts' current expectations about future events and, therefore, involve unknown risks and uncertainties that may cause Morningstar's expectations not to occur or to differ significantly from what was expected. Morningstar does not represent its Analyst Ratings to be guarantees.

©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Roll over your 529 account

Make the Move to the College Investment Plan

Rollovers to the Maryland College Investment Plan are accepted from other qualified 529 plans, including the Maryland Prepaid College Trust.

How it works:

  • 1
    Verify whether the funds are eligible for a rollover to the Maryland College Investment Plan with your current 529 provider/manager, and review requirements for processing a rollover.
  • 2
    Open your Maryland College Investment Plan Account.
  • 3
    Complete the Rollover Form.
  • 4
    Mail the completed Rollover Form to the address listed on the form. Your rollover should be processed and completed within a few weeks.


Boost their future with Ugift®

Friends and family can join in the excitement, contributing to your child's educational future with our gifting program. All gifts that are invested into your child's College Investment Plan account are intended to be used for qualified education expenses.

Give a Gift

Give a contribution gift any time of the year

Birthdays, holidays, or just-because, elevate their future year-round by gifting to their 529 account.

Conveniently and securely give a gift the way you want.

Friends and family can send easily a gift by mail or secure electronic transfer using a unique Ugift® code. All funds will go directly into their 529 account.

Printable gift certificates

College savings is an extraordinary gift - but it's tough to wrap. If you'd like to have something for the child to physically open, these printable gift certificates are a great option

Financing planner

Visualize their future

Our College Financing Planner helps families plan ahead for college expenses. Use this tool to create a savings plan to achieve your college funding goals.

See Our Planner

Readysave™ 529 app

Manage your account anywhere, anytime.

Regularly monitor your account

Check your account balance, transaction history, and investment allocations.

Contribute at your pace

Add money to your balance as a one-time or recurring contribution.

Gifting from friends and family

Easily invite friends and family to help give your savings a boost with Ugift®.