CollegeInvest, a not-for-profit division of the Colorado Department of Higher Education. CollegeInvest is the administrator of the Direct Portfolio College Savings Plan, the Scholars Choice College Sa [..]

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The person identified on the Account Application as the beneficiary of the Account whose Qualified Higher Education Expenses will be paid from the Account.

These state-sponsored college savings plans were established by the federal government in Section 529 of the Internal Revenue Code to encourage families to save more for college. They have important b [..]

To be an Eligible Educational Institution for purposes of Section 529, an institution must be eligible to participate in certain U.S. Department of Education student financial aid programs. Eligible E [..]

When used in reference to a 529 plan, account means your individual College Savings account to which the money you contribute will be allocated. You may open more than one Account for the same Student [..]

When used in reference to a 529 plan, refers to the Direct Portfolio College Savings Plan, Stable Value Plus College Savings Plan or Scholars Choice College Saving Program Account Application.

The person who establishes the account and controls the assets held in it on behalf of a beneficiary.

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 [..]