Everyone Deserves a Chance at a Higher Education
ScholarShare 529 wants to make higher education accessible for all Californians. For a limited time, get up to $225 for starting an account with the new Matching Grant Program.
Why Matching Grants?
Nothing has a bigger impact on the professional success and upward economic mobility of young people than a higher education. But, for many families, the dream of sending their children to a community college, trade school, or university has climbed beyond reach as costs and student loan debt skyrocket.
That’s why ScholarShare 529, California’s state-sponsored 529 College Savings Plan, is offering eligible families a matching grant to help kickstart the college planning process. Studies have shown that even children with college savings of less than $500 are three times more likely to enroll in higher education, and four times more likely to graduate, than those without a college savings account.*
Now is the best time to begin saving for your child’s future higher education costs. Let ScholarShare 529 help you get started with a matching grant of up to $225 when you open an account.
How It Works
- On or after January 1st, apply for a matching grant.
- Open and fund a new ScholarShare 529 account.
- Make contributions to your new account through December 31, 2018.
- At the end of the contribution year, receive dollar-for-dollar matching contributions up to $200 into your account from ScholarShare 529!
What You Get
A Matching Offer
A dollar-for-dollar match on contributions up to $200
Establish a monthly automatic contribution plan of $25 or more at the time the account is opened and receive another $25
Do You Qualify?
Be a resident of California
Open an account for a beneficiary who will be 14 years or younger on December 31, 2018. The beneficiary cannot have an existing ScholarShare account
Be the parent or legal guardian of the beneficiary
Have a household annual adjusted gross income of $75,000 or less
Have a Social Security number or a federal tax identification number. Your beneficiary must as well
For additional information about eligibility, please visit the Terms &
Organizations in your community are helping with our efforts - search or flip through the list below to find one near you. They’ll help you through the application and enrollment process.
The Unity Council
Santa Cruz Community Ventures
East LA Community Corporation
Ventura County Community Development Corp.
2231 Sturgis Rd., Suite A, Oxnard
United Ways of California
1107 Fair Oaks Ave, #12, South Pasadena
Mexican Americal Legal Defense and Educational Fund (MALDEF)
634 Spring St., 11th Floor, Los Angeles
Glendale Unified School District
223 North Jackson Street, Glendale
California Asset Building Coalition
Opportunity to Assets
El Monte Promise Foundation
10900 Mulhall Street, El Monte
111 W. St. John Street, Suite 800, San Jose
California Gaining Early Awareness and Readiness for Undergraduate Programs (GEAR UP)
1111 Franklin Street, Oakloand
Walter and Elise Haas Fund
One Lombard Street, Suite 305, San Francisco
Closing the Women’s Wealth Gap Initiative
Koreatown Youth & Community Center
3727 W 6th Street, Suite 300, Los Angeles
728 Sacramento St, San Francisco
235 Montgomery Avenue, Suite 1050, San Francisco
United Way California Capital Region
10389 Old Placerville Road, Sacramento
LA County Dept. of Consumer & Business Affairs
Kenneth Hahn Hall of Admin, 500 W. Temple St., B-96, Los Angeles
Community-based or public agency?
If you work for a community-based organization or public agency in California and want to partner with us, click the button below for more details.
Already a partner?
Is your organization or agency already a ScholarShare 529 Matching Grant Program partner? Our marketing toolkit has everything you need to help raise awareness and make a difference in your community.