Fast Facts About CHET About CHET Reducing the Cost of College Why Bother Saving? The Future Cost of College Ways to Save & Pay for College Everyone [..]

An account in the Plan.

The account application is the application to be completed and submitted to the Connecticut Higher Education Trust (CHET), along with payment, to participate in the Plan. It incorporates by reference [..]

The account owner is the owner of an account in the Plan, typically the parent or grandparent but it doesn’t need to be a family relation.

An accredited school is a school that is eligible to participate in certain federal student aid programs. This might be a college or graduate school, or a vocational or trade school. Most major colleg [..]

An investment approach that seeks to exceed the average returns of the financial markets. Active managers rely on research, market forecasts, and their own judgment and experience in selecting securit [..]

A 10% additional federal tax imposed on the earnings portion of a Non-Qualified Withdrawal.

The distribution of your funds among various investment alternatives or asset classes. Typically, asset allocation is expressed in percentages; for example, 40% equities, 40% fixed income, 20% cash.

Different types of investments. Equities (stocks), fixed-income (bonds) and money market (short-term investments) are examples of asset classes.

A fund that seeks both growth and income, with stability of principal, through a portfolio that includes both stocks and bonds.