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ScholarShare – College Savings Plan

ScholarShare was created by the state of California as a tax-advantaged way to help people save for the cost of higher education. A 529 college savings plan helps you save more over time. No California or Federal taxes are applied to any earnings on qualified withdrawals.

Additional Information

  • For More Information, visit https://www.scholarshare.com/
  • You may open a ScholarShare account at any time and can start with as little as $25. Automatic transfer from your bank account makes contributing easy!
  • Funds can be used at eligible schools nationwide.
  • 529 usage covers quite a lot, including mandatory fees, books, supplies and certain room and board costs.
  • Any U.S. citizen or resident alien over 18 years of age can open or gift a 529 account.
  • If there is a discrepancy between this information and the official plan documents and contracts, the official documents will always govern.

Enrollment Process

  1. To open an account, visit https://www.scholarshare.com/ and click on the “Open an Account” button; or
  2. Call 1-800-544-5248.

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