Coverage
VT529 is an affordable way for parents, grandparents, family members and friends to save for future college education.
Other Information
Key features of the plan include:
- Several investment options to choose from
- Tax-deferred growth of earnings & tax- free withdrawals when used for qualified higher education expenses
- Vermont state tax credit on contributions to the program
- Funds can be used at eligible schools nationwide
- Convenient payroll deductions for contributions
- Enrollment at any time during the year
Cost
The minimum amount you may deposit to an account is $15.00 per month. Questions about specific investment options should be directed to VSAC at 800-798-8722.
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Eligibility
All permanent state employees are eligible for participation.
Enrollment
Enrollment in the VHEIP program is completed online: Go to Enrollment Site.
Once your account is confirmed, you may submit the VT529 Deduction Authorization Form to begin payroll deductions into your account.
Administrator
VSAC
Vermont Student Assistance Corporation
(800) 798-8722