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GSP Features & Benefits

Ease.  Flexibility.  Access. 
With the PA 529 Guaranteed Savings Plan, you get all three.  The PA 529 GSP helps families save for college in a way that meets their unique set of financial circumstances.

Easy to set up.
You may open an account with as little as $25 and make minimum subsequent contributions of $25 whenever you want.

Flexibility to use your account at most colleges and career schools.
Nearly all colleges, universities, community colleges, career schools, and law, medical, or business schools qualify.  For a list of eligible schools, see www.fafsa.ed.gov.

Pay for more than just tuition.
You can use your PA 529 GSP account to pay for tuition, certain room and board costs, required books and supplies.

Access your account.
Manage your account securely online anytime or call the PA 529 GSP to speak to a savings specialist at 1-800-440-4000.

No income restrictions.
It doesn’t matter what your income is – any U.S. legal resident 18 and older can open a PA 529 GSP account, so long as either the Account Owner or Beneficiary is a resident of Pennsylvania at the time the account is opened.

Anyone can contribute.
Parents, grandparents, aunts, uncles, and family friends can all help cover the cost of your child’s college education. 

Get your money back – any time, for any reason.
If you choose not to use your PA 529 GSP account, you can always get your money back whenever you, for any other purpose.


 

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