My fellow Nevadans, we have a job to do! It is time we get real about saving for college, and Nevada has a ton of great plans to make paying for college easy; like Prepaid Tuition to lock in tomorrow's tuition at today's prices or 529 accounts that can be opened with just $15. Did you know, kids are 7 times more likely to attend college if they know there is a college savings account in their name to help pay for it?* If that's not simple, I don't know what is! Saving doesn’t just happen overnight, you know!
*2011 report, The Role of Savings and Wealth in Reducing "Wilt" Between Expectations and College Attendance, by William Elliott and Sondra Beverly of the University of Kansas and Washington University in St. Louis.
Learn about ways to pay for an education
The Nevada State Treasurer’s Office has a variety of programs designed to help families pay for higher education.
Programs work together – Nevada College Kick Start, Governor Guinn Millennium Scholarship, Nevada Prepaid Tuition and 529 plans can be used together to cover all expenses, including tuition, books and housing.
Use anywhere in the country – All 529 college savings programs can be used at any institution that accepts federal financial aid.
Nevada programs benefit Nevadans – By selecting a Nevada plan, you will have access to benefits only available to Nevadans, including reduced fees, scholarships and matching programs.
Tax advantaged – Many plans offer tax-deferred growth.
Flexibility of options – Plans can be used for vocational-technical programs in addition to universities and colleges, and benefits can shared among family members.
May qualify for the Silver State Matching Grant Program
Other programs offered by the State Treasurer's Office
May qualify for the Nevada Putnam Scholarship Program
No annual maintenance fee
Open with $50 monthly contribution or $250 initial investment
May qualify for the Distinguished Valor Matching Grant Program
One of four plans ranked “Gold” by Morningstar
Nevada residents can open with $1,000
Nevada programs that support our students
The Nevada College Kick Start program jump starts college savings for kindergarten students and lets them know that college is an attainable goal.
The Governor Guinn Millennium Scholarship is awarded to qualified Nevada high school graduates and can be used at eligible in-state institutions.
HI! I’M SAGE, AND I’M GOING TO TELL YOU ABOUT ME!
I love this state, and I love college! Don’t you? I’m starting middle school this year, and I can’t wait to get into the classroom again, spreading my loud and clear message about saving for college! After all, I did start saving in kindergarten. Savings doesn’t just happen overnight, you know!
Please Note: Before investing in any 529 plan, you should consider whether your or the beneficiary's home state offers a 529 plan that provides its taxpayers with favorable state tax and other benefits that are only available through investment in the home state's 529 plan. You also should consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state's 529 plan(s), or any other 529 plan, to learn more about those plans' features, benefits and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.