Morningstar: Utah Educational Savings Plan Is One of the Best in the U.S.
The Utah Educational Savings Plan (UESP) is one of the nation’s premier tax-advantaged 529 college savings plans, according to a recent analysis of the nation’s 529 plans by Morningstar Inc. The investment research firm recommends Utah’s plan to families in states without income tax benefits for savers, as well as to families in states that […]
UESP celebrates 20 years with College Savings Day promotion
The Utah Educational Savings Plan has been helping families save for college for 20 years. UESP ended its first year in 1996 with 157 accounts, one investment option, and $154,000 in managed assets. Twenty years later, UESP has expanded to include 14 investment options, more than 305,000 accounts, and more than $8 billion in assets […]
2016 Legislative Update – Week 3
Higher Education Budget The Higher Education Appropriations Subcommittee met for its final scheduled hearing this week, focusing on the Board of Regents’ budget priorities for USHE. The committee also considered other budget requests from other legislative sponsors. After the Board’s budget priorities by Chair Dan Campbell and Commissioner Buhler, Senator Howard Stephenson commented, “To the […]
2016 Legislative Update – Week 2
The Higher Education Appropriations Subcommittee The Higher Education Appropriations Subcommittee met twice this week, focusing on the existing base budget for higher education as well as extensive discussion on career and technical education (CTE) at postsecondary institutions. More information is available from the USHE 2015 CTE Report. Presidents Dave Pershing of the University of Utah […]
2016 Legislative Update – Week 1
Overview The 2016 Session of the Utah State Legislature got underway Monday, January 25, and will conclude Thursday, March 11. It is anticipated there will be several bills with potential impact to the Utah System of Higher Education, all of which will be carefully tracked by the Commissioner’s Office and institutions. 2016-2017 Budget According to […]
UESP exceeds 300,000 college savings accounts
The Utah Educational Savings Plan (UESP) announced December 30th that the number of accounts under its management has passed 300,000, as a growing number of families invest in Utah’s official 529 plan to save for their children’s future college costs. The number of UESP college savings accounts has almost doubled since the financial crisis ended […]
Utah Educational Savings Plan awards scholarship accounts to bookmark contest winners
Eight Utah students received $1,000 Utah Educational Savings Plan (UESP) college savings scholarship accounts for their winning entries in the 2015 “Make Your Mark” Bookmark Contest sponsored by UESP and the StepUp to Higher Education social awareness campaign. More than 2,000 students from all parts of Utah in kindergarten through 12th grade submitted their bookmark […]
Utah Educational Savings Plan receives Morningstar Gold rating five years in a row
The Utah Educational Savings Plan (UESP), Utah’s official 529 college savings program, received the highest stamp of approval from Morningstar Inc., a leading provider of independent investment research, for the fifth consecutive year. Of 63 plans Morningstar analyzed, UESP was one of only four to receive a Morningstar Analyst Rating™ of Gold in 2015, indicating […]
College Savings Month: Act now to avoid or limit student debt
A UESP account can help families manage the challenge of paying for college The cost of college is rising, and growing numbers of families at all income levels are turning to student loans to pay for higher education. Nationally, nearly seven in 10 students (69 percent) who graduated from college in 2013 had student loans […]
UESP spotlights the importance of saving for college with a 5∙29 Day promotion
Saving for college is an investment in a student’s future. Research by the U.S. Census Bureau shows college graduates earn an average of $1 million more in their lifetimes than high school graduates. But there is another reason to put aside money for college. Even a small amount of money saved in a tax-advantaged 529 […]
