If you're an Alaskan resident eligible for the PFD, you can designate half of your - and/or your children's - PFD to be directly invested in the UA College Savings Plan. To contribute half of a PFD automatically, just check the UA College Savings Plan box on the PFD application. Unless you send us an Account Agreement directing otherwise, your automatic PFD contribution will be invested in the ACT Portfolio (balanced stock and bond). Remember to make the election on the PFD application every year.
Also, when you receive the second half of your PFD in the fall, you can take that amount and contribute to your account via check or ask us to automatically deduct it from your checking account. (Call 1-800-478-0003 and we'll help you arrange it.)
Using your and your children's PFD is an easy way to help your family's college dreams come true and is a unique feature of the UA College Savings Plan.
Watch the video below to learn more about how you can use your PFD to save for college.
Use our Personal PFD Planner to see how much more you could potentially save for your child's education just by contributing your and/or your child's annual PFD to your college savings plan account.
PFD contributions are just one of the ways you can save. Learn how you can build ever greater savings over time with regular monthly or annual UA College Savings Plan contributions. Read more.
