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You Have Options When Investing for the Future

Two Ways to Make Saving for College Easier

Few things in life are one-size-fits-all. Saving for education is no exception. Whether school is approaching fast or you've got years ahead to save, we offer a range of professionally managed investment portfolios.

Our Plan Is Recognized for Its Excellence

The T. Rowe Price College Savings Plan has been helping families save for college since 2001. Backed by a "Silver" rating from Morningstar and a top 10 ranking by, we're helping you invest in your family's future with confidence.

Highly Rated by Morningstar

In November 2023, the T. Rowe Price College Savings Plan received a "Silver" rating from Morningstar - a respected independent investment research firm.4

The plan continues to stand out as one of the most consistent, highly rated plans in the country with "an industry-leading multi-asset team with a robust research-driven process."

The T. Rowe Price College Savings Plan is "diligently constructed" and "benefits from the backing of T. Rowe Price's multi-asset team. The broader team has a discernible edge in the 529 space and continues to conduct research that keeps this plan not only competitive but also an industry leader."

Top 10 Ranking

The T. Rowe Price College Savings Plan was ranked #8 for 529 plan performance in the one-year period, #3 in the five-year period, and #6 in the 10-year period as of 12/31/2023. conducts quarterly evaluations of the investment performance of thousands of 529 portfolios and ranks the plans based on the results.5 According to, the rankings are "…a helpful tool for families and financial professionals looking to compare college savings options." has been the leading independent authority on 529 savings plans since 1999. The site compiles and analyzes data and creates content and tools to provide parents, financial professionals, and state policymakers with resources to help them understand how to meet the challenge of ever-increasing education costs.

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4Morningstar analysts reviewed 54 plans for its 2023 ratings (11/2/23), of which 15 plans received a "Silver" rating. To determine a plan's rating, Morningstar's analysts organized their research around 4 key pillars: Process, People, Parent, and Price. Plans were then assigned forward-looking ratings of "Gold," "Silver," "Bronze," "Neutral," and "Negative." Each year, certain of the industry's smallest plans are not rated. Click here for additional information about Morningstar's methodology.

Analyst Ratings are subjective in nature and should not be used as the sole basis for investment decisions. Analyst Ratings are based on Morningstar analysts' current expectations about future events and, therefore, involve unknown risks and uncertainties that may cause Morningstar's expectations not to occur or to differ significantly from what was expected. Morningstar does not represent its Analyst Ratings to be guarantees.

©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

5Each quarter, analyzes the investment performance figures for thousands of 529 portfolios, comparing the reported investment performance of a subset of portfolios from each 529 savings plan to produce their rankings. As of 12/31/2023, the rankings for the T. Rowe Price College Savings Plan were: 8 out of 55, 14 out of 52, 3 out of 44, and 6 out of 34 for the 1-, 3-, 5-, and 10-year periods, respectively.

Portfolios from direct-sold 529 plans are assigned to a specific asset allocation category. Within each category, portfolios are compared and ranked based on published investment returns. Separate rankings are produced for different performance periods (1-, 3-, 5-, and 10-year investment periods). An overall (or "composite") performance score is calculated for each 529 plan for a given performance period based on the plan's performance rankings for each asset allocation category, taking into account the varying returns among the different asset allocation categories. To produce the composite ranking for a plan, the plan's composite performance score is compared with the composite performance scores of all other 529 plans.

Past performance cannot guarantee future results. Current performance may be lower or higher than performance results used for these rankings, resulting in different rankings that may be lower than those shown.