North Carolina NC 529 College Savings Plan Help Parents Save

North Carolina NC 529 College Savings Plan

The Benefits Of 529 College Savings PlansAbout: The NC 529 Plan gives you a tax-advantaged, straightforward way to start putting money aside for your child’s college future right now. With easy online or paper enrollment, you can start saving with as little as $25. Make future contributions regularly or periodically—your choice. Other family and friends can contribute too. With the NC 529 Plan every dollar goes into low-cost, top-quality investments.

There are many options to fit any investment strategy. Whether you want a conservative bond fund, a high- risk/high-reward growth fund or an age-based fund that adjusts as your child gets closer to college, you’ll get the added benefit of tax-free savings. So, whether you’re saving for a toddler or a teenager, the NC 529 Plan gives you the tools to start building a solid foundation for success.


Phone #: 1-800-600-3453

Investment Options: North Carolina’s National College Savings program features Vanguard funds in its age-based and static options, along with a fixed-income option managed by the state treasurer and a federally-insured deposit option through the State Employees Credit Union.

Tax Benefits: An important advantage of saving in an NC 529 Account is that earnings on your account aren’t subject to North Carolina or federal taxes as long as they, along with your contributions, are used to help pay for Qualified Higher Education Expenses (QHEE).

State Residency Requirements:  No state residency is required to participate in North Carolina 529 College Savings Plans.

Saving for College with Upromise

UpromiseSave for college with Upromise is a service that helps individuals save money to pay for college or to pay down existing student loan debt.

Upromise is a great way to save through partnerships with retailers. Similar to a cash back rewards card, this plan puts rewards from retailers into an account that you can use to save money for school or paying down current Sallie Mae serviced student loans.

Once you join UpromiseSave for college with Upromise, you simply have to shop at eligible retailers. You can shop online and get anywhere from 1$ to 25% back that is credited to your account. There are more than 600 online retailers, including Target and more, which will give you rewards that can be used for college and tuition expenses.

The beauty of the Upromise program is that you save money for college by simply shopping at the normal stores you visit every day. Upromise was created in partnership with Sallie Mae and is designed to help save for education costs. is the smart way to save for your child’s college is the smart way to save for college.