ERIC Number: ED606830
Record Type: Non-Journal
Publication Date: 2020-Jun
Pages: 8
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Does the State Have a Special Program That Provides State Contributions to 529 Plans for Low-Income Residents Only? 50-State Comparison: 529 Education Savings Plans
Education Commission of the States
The 50-State Comparison on 529 Education Savings Plans provides a national comparison of state policies and activities related to state 529 education savings plans. It focuses on three main categories of state policies related to 529 plans: contributions, withdrawals, and eligible expenses. The information in this resource was gathered from state statutes, regulations, program information on state websites, and program disclosure documents. This document provides information on if a state has a special program that provides state contributions to 529 plans for low-income residents only. Of the states with a 529 plan, 11 have state contribution programs available to residents based on income level. The majority of these programs focus on residents with incomes at or below the federal poverty level, or below certain weighted gross income levels. [View the full "50-State Comparison: 529 Education Savings Plans" here: https://www.ecs.org/50-state-comparison-529-education-savings-plans.]
Descriptors: Paying for College, Investment, Higher Education, Parent Financial Contribution, State Policy, Taxes, Tax Credits, Money Management, Educational Finance, Student Financial Aid, Low Income Groups, State Aid
Education Commission of the States. ECS Distribution Center, 700 Broadway Suite 1200, Denver, CO 80203-3460. Tel: 303-299-3692; Fax: 303-296-8332; e-mail: ecs@ecs.org; Web site: http://www.ecs.org
Publication Type: Numerical/Quantitative Data
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Education Commission of the States
Grant or Contract Numbers: N/A