Saving for college is easier than you think! Get all the answers you need about the Maryland College Investment Plan here.
What is the Maryland College Investment Plan?
How does the Maryland College Investment Plan work?
Are the funds in the account guaranteed?
When can the funds be used?
How can I use the funds from the plan?
Can I use the funds to pay student loan expenses?
What are the contribution options and how much do I need to contribute?
Are there any fees and expenses?
What if the beneficiary does not attend a college in Maryland?
What if the beneficiary attends school part-time?
How long does the beneficiary have to use the funds?
How can I contribute to the account?
How can I request a distribution?
How can I receive a distribution?
Can I change my investment options after I open the account?
Who has control over my account?
Can I use Upromise contributions to fund my College Investment Plan account?
Can friends and family give to my college savings plan account?
What is the GoTuition gifting portal?
Are there any fees associated with adding GoTuition gifting portal to my Maryland College Investment Plan account?
How do I add GoTuition gifting to my account?
If I have more than one beneficiary, do I need to set up a profile for each?
What should I include in the Welcome Message for my beneficiary’s profile?
Can I have gifts go into more than one portfolio?
I’ve set up my beneficiary’s profile. How do I share with friends and family?
Can people who send a gift see my account information?
How will I know that a GoTuition gift has been sent to my account and how will I be able to differentiate gift contributions from my own contributions?
Do I have the option to turn GoTuition gifting off for a beneficiary?
If someone has a Maryland College Investment Plan account, how do I give a gift?
Are there tax benefits to making a gift to a 529 plan?
How easy is it to use the GoTuition gifting portal to send a gift?
What are the minimum and maximum gifts that can be sent?
I don’t see my bank listed in the GoTuition gifting portal. How do I send my GoTuition gift?
How do I know the gift was received?
Can I set up re-occurring gifts?
Specific Questions About Your Account?
Learn more in our Account Holder FAQs.