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College Savings

New for 2015! CollegeBoundbaby

CollegeBoundbaby is an enhancement of CollegeBoundfund®, the state's 529 plan, designed to help Rhode Island families get an early start at saving for their child's higher education.

Starting January 1, 2015, children born to or adopted by Rhode Island families are eligible for a $100 CollegeBoundbaby Grant to be used for higher education. The grant will be held and invested by the Rhode Island Higher Education Assistance Authority (RIHEAA) in a CollegeBoundfund master account on behalf of the child until the child is ready to attend a higher education institution.

CollegeBoundbaby Authorization FormPDF File

Learn more at CollegeBoundbaby.