The Pennsylvania 529 College Savings Program provides a smart, tax advantaged way for families to save for college. Sponsored by the Commonwealth of Pennsylvania and administered by the Pennsylvania Treasury, the Pennsylvania 529 College Savings Program offers two plans: the PA 529 Guaranteed Savings Plan (GSP), in which growth is tied to the rate of college tuition inflation, and the PA 529 Investment Plan (IP), in which investment returns are determined by financial markets.

Enrollment

Over 186,000 individuals are enrolled in the Pennsylvania 529 College Savings Program – more than 104,000 in the GSP and more than 81,000 in the IP.

Assets

Total assets (contributions plus earnings) equal more than $3.1 billion.

Making College Possible for Pennsylvania Families

The Pennsylvania 529 College Savings Program has helped thousands of families make college possible!

PA 529 GSP (inception date 9/93):

Almost 55,000 students have used their GSP accounts to attend colleges and career schools.

  • Those students have attended more than 2,000 different schools.
  • $1.3 billion has been paid from GSP accounts.
  • Of that amount, more than $421 million has been growth.
  • On average, contributions from families have grown almost 44% in value from contribution to use.

PA 529 IP (inception date 7/02):

More than 16,000 students have used their IP accounts to attend colleges and career schools.

More than $381 million has been paid from IP accounts.

  • Of that amount, more than $52 million has been growth.
  • On average, contributions from families have grown almost 16% in value from contribution to use.

The Pennsylvania 529 College Savings Program sponsors two plans - the PA 529 Guaranteed Savings Plan (GSP) and the PA 529 Investment Plan (IP). The guarantee of the PA 529 Guaranteed Savings Plan is an obligation of the GSP Fund, not the Commonwealth of Pennsylvania or any state agency. Before investing in either plan, please carefully read that plan's disclosure statement to learn more about that plan including investment objectives, risks, fees, and tax implications.

If you are not a Pennsylvania taxpayer, consider before investing whether your or the designated beneficiary's home state offers any state tax or other benefits that are only available for investments in that state's qualified tuition program.