scholarshare

Holiday Planning: ScholarShare 529 College Savings Plan

  The ScholarShare College Savings Plan is California’s official 529 plan and a key partner of California GEAR UP. It offers a tax-advantaged way for families to save for the cost of a college education. ScholarShare seeks to serve as a resource for all Californians looking to save for college. The holiday season is nearly upon us, and with it, the quest for a perfect gift. Your holiday shopping list may be full of the latest toys and gadgets. But remember, you can’t beat a gift that could mean a brighter future for your child. So make a gift contribution or …

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Saving For College Early is Essential to Planning for Success

Saving for college is more important than ever. With the cost of college tuition on the rise, ScholarShare  and California GEAR UP are working together closely to provide families, parents, and young adults with resources and tools to help them prepare for higher education. ScholarShare, California’s 529 college savings plan, has long been a partner of the California GEAR UP Education Trust Awards. GEAR UP has awarded 5,370 middle school students with Education Trust Awards, opened in individual ScholarShare accounts established in the student’s name in the amount of $2,000 each, for a total of $10,740,000. The awards are available to …

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Valley High School Ready for National GEAR UP Day

Valley High School is finishing preparations for their second annual National GEAR UP Day celebration to be held on September 30. Activities include: Business and Community Leaders Breakfast starting at 8:00 am. Campus tours and classroom visits Lunch-time Student activities and performances An opportunity to network with business and community leaders, families, and educators. National GEAR UP Day is a celebration of transformative work of California GEAR UP – Valley High School Collaboration that includes dramatic gains in the statewide API, the opening of a Family Center, distribution of 100 Education Trust Awards, the implementation of a Leadership Skills Initiative, …

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GEAR UP Partner Spotlight: Scholarshare

May and June is Education Trust Awards season for California GEAR UP schools, so we thought we would share some information on our partner, ScholarShare. ScholarShare is California’s official 529 College Savings Plan. 529 plans are tax advantaged savings vehicles named for the section of Internal Revenue Code under which they were created. Earnings on 529 investments grow tax-deferred, and disbursements, when used for qualified higher education expenses, are federal and state tax-free. ScholarShare is a great way to start saving for college for the following reasons: Accounts may be opened online with as little as $50, or $15 with automatic …

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