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Home > Investing Promotions > 529 College Savings Programs with Matching Contributions for Free College Cash

529 College Savings Programs with Matching Contributions for Free College Cash

February 21, 2010 | Leave a Comment

529 college savings programs with matching contributions can provide you with free cash towards college savings.

Several states have 529 college savings plans that offer free matching funds to help you increase your college savings.

You can get free cash for college savings from government agencies or charities that offer grants to local residents through these 529 plans with free matching contributions.

Take advantage of these free matching funds when you open 529 college savings accounts for qualified individuals.

529 College Savings Plans with Bonus Contributions

Here’s a list of states with free matching funds for 529 college savings programs.

Arkansas

GIFT College Investing Plan

The Arkansas Section 529 Plan Review Committee has set aside funds for matching grants. The Aspiring Scholars Matching Grant Program has been designed to help parents and other account plan owners add to their GIFT Plan accounts. The program provides matching grants of up to $500 per year to eligible students, based on a household’s income levels.

Colorado

CollegeInvest 529 College Savings Program

CollegeInvest will open a Matching Grant Account for your child/children and match each dollar you contributed during the previous calendar year, up to $500 per account, subject to availability of funds.

Connecticut

CHET 529 College Savings Plan

Babies born in Connecticut as well as adopted children can receive up to $250 in bonus funds through the CHET Baby Scholars program.

Kansas

K.I.D.S. Matching Grant Program

Matching funds will be invested in the Learning Quest 529 Savings Program each January based on eligible contributions during the previous year up to $600.

Maine

Harold Alfond College Challenge

Harold Alfond made available $500 for each new baby to start a NextGen account for education beyond high school.

North Dakota

College SAVE Matching Grant Program

The program provides matching grants of up to $300 per year to eligible students, based on certain income limitations.

Rhode Island

CollegeBoundbaby Program

Every baby born or adopted as a Rhode Island resident on or after July 1, 2010, is eligible to receive a 1-time $100 contribution to a CollegeBoundfund account established for his or her benefit.

CollegeBoundfund Matching Grant Program – No longer accepting new applications after 2012 Matching Year.

Program will match your contribution up to $500 each year (subject to the availability of funds).

Tennessee

TNStars College Savings 529 Program

Tennessee residents can receive up to $500 in matching funds per year per child for up to $1,500 in matching funds per child, plus you can get up to $375 in additional incentives through various programs.

Take advantage of these matching contributions from 529 college savings plans to get free cash to save for college.

Open a 529 college savings account today to get free matching contributions for free cash towards college savings.

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