You could lose money by investing in the Money Market Portfolio. Although the money market fund in which this Portfolio invests seeks to preserve its value at $1.00 per share, the underlying money market fund cannot guarantee it will do so. An investment in this Portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The underlying money market fund's sponsor has no legal obligation to provide financial support to the underlying fund, and you should not expect that the sponsor will provide financial support to the underlying money market fund at any time.

Current performance may be higher or lower than the quoted past performance, which cannot guarantee future results. Unit price, principal value, and return will vary, and you may have a gain or loss when you sell your units.

*Effective November 15, 2019, Portfolio for College was renamed to Portfolio for Education Today to more accurately describe the portfolio’s design for beneficiaries who are already enrolled or about to enroll in school. This is a name change only.

View mutual fund allocations that comprise the T. Rowe Price College Savings Plan Portfolios and their associated market values.

Total return figures include changes in principal value, and any reinvested dividends and capital gain distributions. For portfolios less than one year old, the since inception return figure is not annualized and represents an aggregate total return. Dividends and capital gains distributed by the underlying mutual funds become income to the portfolios. However, the T. Rowe Price College Savings Plan portfolios (except for Money Market Portfolio) do not declare any dividends or capital gains, so changes in total return are reflected by changes in net asset value.

Yields for the Money Market Portfolio represent the average daily dividends for the seven days, annualized by 365 days and divided by the net asset values per share at the end of the period. Year-to-date figures are not annualized and represent total return, which includes reinvested distributions (income and capital gains) and any change in unit price for the given period. The yield quotation more closely reflects the current earnings of the Money Market Portfolio than the total return. T. Rowe Price College Savings Plan, established and maintained by the Education Trust of Alaska. Additionally, effective March 31, 2020, the Education Trust of Alaska has agreed to waive some or all of the State Fee attributed to the Money Market Portfolio in order to maintain zero or positive net yield in the Portfolio. T. Rowe Price Investment Services, Inc. Distributor, T. Rowe Price College Savings Plan.