Schedule of Events - 2010

Date Event Location
August 6th - 14th Tanana Valley State Fair Fairbanks, AK
August 26th - September 6th Alaska State Fair Palmer, AK

 

For more information, please call (907) 474-5671 or email collegesavings@alaska.edu.


UA COLLEGE SAVINGS PLAN REDUCES FEES

The University of Alaska College Savings Plan today announced a significant reduction in fees.

Effective July 1, 2010, the program fee will be cut by nearly one-third, to 0.20 percent. In addition, the annual account fee will be reduced by $5, to $20.

Read the full press release

5.29 COLLEGE SAVINGS DAY

May 29th is College Savings Day. It's meant to serve as a day to raise awareness about saving for future education costs and it's also a day to take action.

As Alaska's 529 college savings program, the UA College Savings Plan is a smart and affordable way to save for college expenses celebrate 529 College Savings Day by enrolling in the UA College Savings Plan to start saving for a loved one's future. Or, if you already have an account, log in to your account and celebrate by setting up recurring contributions which can really add up over time.

If you're an Alaska state resident, another way that you can celebrate 529 College Savings Day is by designating half of your and/or your child's PFD to a UA College Savings Plan Account. Yes, even though you've already submitted this year's application it's not too late to use this year's PFD to help fund college. To change your PFD election to contribute to a UA College Savings Plan account, complete the UA College Savings Plan Add Form by September 1, 2010. Plus, by contributing half of your PFD to a UA College Savings Plan Account this year, you'll be entered to win a $25,000 scholarship account and one of four $2,500 scholarship accounts*. View the FAQs about this giveaway.

What will you do to celebrate this 529 College Savings Day?

*The scholarship accounts will be funded by the Education Trust of Alaska. Certain restrictions apply, see complete rules for details.


THINK INSIDE THE BOX - $25,000 SCHOLARSHIP ACCOUNT GIVEAWAY

Even though the application period is closed for this year's PFD, it's not too late to designate half of your and/or your child's PFD to your UA College Savings Plan Account and be entered into the drawing. To do so, complete a UA College Savings Plan Add or Withdrawal form located at www.pfd.state.ak.us/forms before September 1, 2010.

This year, when you check "yes" on line 6 of your PFD application and contribute to the UA College Savings Plan, you'll be automatically entered to win a $25,000 scholarship account and one of four $2,500 scholarship accounts*.

You or your selected beneficiary can use the scholarship account at any eligible college, university, or vocational/technical school in the country. And if your beneficiary uses it for tuition at the University of Alaska $25,000 can be enough to pay tuition for a 4-year degree!

Think inside the box - check "yes" and contribute half of your and your child's PFD to the UA College Savings Plan. Doing so for both you and your child increases your chances to win!

View the FAQs about this giveaway

*The scholarship accounts will be funded by the Education Trust of Alaska. Certain restrictions apply, see complete rules for details.


COLLEGE SAVINGS MONTH PROMOTION UPDATE.

Information for Those Who May Be Eligible for a $50 Contribution.

September was College Savings Month and the UA College Savings Plan offered to make a $50 contribution into certain new Accounts opened and funded during the promotion period.

An Account Holder was entitled to receive one $50 contribution per new Account for each unique, new Beneficiary, regardless of the number of accounts (or Investments Options) opened for that Beneficiary during the month of September. An Account Holder could open Accounts for as many different Beneficiaries as he or she wished and will receive one $50 contribution for each Beneficiary. Current Account Holders opening additional Accounts for their existing Beneficiaries were not eligible. Any Account established through a PFD application was also excluded from this promotion.

If you opened and funded a new Account in September, and meet the criteria above, you should be receiving a $50 contribution into your Account by the end of October.

If you did not open a new Account in September, consider opening one today. Whether you're a parent, grandparent, or friend, opening a new Account for your child or loved one is a smart, simple way to put aside money for future college expenses. Savings in the UA College Savings Plan can be used to attend any eligible college, in or out of Alaska. There are potential tax benefits - and there are no sales charges or commissions. Therefore, more of your money can be put to work to help you reach your college savings goals.

 

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If you are not an Alaska resident, you should compare this Plan with any 529 college savings plan offered by your home state or your beneficiary's home state and consider, before investing, any state tax or other benefits that are only available for investments in the home state's plan. You can call 1-866-277-1005 or visit the forms section of our site to request a Plan Disclosure Document, which includes investment objectives, risks, fees, charges and expenses, and other information that you should read and consider carefully before investing. T. Rowe Price Investment Services, Inc., Distributor/Underwriter.