Fees & Expenses

Keeping Our Costs Transparent

The T. Rowe Price College Savings Plan does not charge an annual account fee, or any other miscellaneous fees for investing in the plan. Each portfolio bears its share of the expenses of the underlying mutual funds in which it invests, and there is a 0.05% annualized Trust Fee and 0.05% program management fee charged to each portfolio. The trust fee, program management fee, and underlying mutual fund expenses are reflected in each portfolio's unit price. 

The tables below detail each portfolio's fees as a percentage of the unit price and the approximate costs over time. For additional information, please refer to the Plan Disclosure Document

Fee Structure*

Estimated Underlying Fund Expenses 0.60%
Trust Fee 0.05%
Program Fee1 0.05%
Total Annual Asset-Based Fee2 0.69%

Estimated Underlying Fund Expenses 0.55%
Trust Fee 0.05%
Program Fee1 0.05%
Total Annual Asset-Based Fee 0.65%

Estimated Underlying Fund Expenses

0.55%

Trust Fee

0.05%
Program Fee1 0.05%

Total Annual Asset-Based Fee

0.65%

Estimated Underlying Fund Expenses

0.56%

Trust Fee

0.05%
Program Fee1 0.05%

Total Annual Asset-Based Fee

0.66%

Estimated Underlying Fund Expenses

0.57%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.67%

Estimated Underlying Fund Expenses

0.57%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.67%

Estimated Underlying Fund Expenses

0.46%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.56%

Estimated Underlying Fund Expenses

0.30%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.40%

Estimated Underlying Fund Expenses

0.58%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.68%

Estimated Underlying Fund Expenses

0.55%

Trust Fee

0.05%
Program Fee1 0.05%

Total Annual Asset-Based Fee

0.65%

Estimated Underlying Fund Expenses

0.62%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.72%

Estimated Underlying Fund Expenses

0.79%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.89%

Estimated Underlying Fund Expenses

0.23%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.33%

Estimated Underlying Fund Expenses

0.08%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.18%

Approximate Cost for a $10,000 Investment*

The following table compares the approximate cost of investing in the T. Rowe Price College Savings Plan over different periods of time. Your actual cost may be higher or lower. The table is based on the following assumptions:

  • A $10,000 contribution is invested for the time periods shown.
  • A 5% annually compounded rate of return on the amount invested throughout the period.
  • The account is distributed at the end of the period shown to pay for qualified expenses.
  • The table does not consider the impact of any potential state or federal taxes on the contribution or the distribution.

INVESTMENT OPTIONS

ONE YEAR

THREE YEARS

FIVE YEARS

TEN YEARS

Portfolio 2042

$70

$221

$384

$859

Portfolio 2039

$66

$208

$362

$810

Portfolio 2036

$66

$208

$362

$810

Portfolio 2033

$67

$211

$368

$822

Portfolio 2030

$68 $214 $373 $835

Portfolio 2027

$68 $214 $373 $835

Portfolio 2024

$57 $179 $313 $701

Portfolio for Education Today

$41 $128 $224 $505

Balanced Portfolio

$69 $218 $379 $847

Equity Portfolio

$66 $208 $362 $810

Fixed Income Portfolio

$68 $214 $373 $835

Global Impact Equity Portfolio**

$91 $284 $493 $1,096

Money Market Portfolio***

$34 $106 $185 $418

Total Equity Market

Index Portfolio

$18 $58 $101 $230

 

Portfolio 2042


ONE YEAR

$70

THREE YEARS

$221

FIVE YEARS

$384

TEN YEARS

$859

 

Portfolio 2039


ONE YEAR

$66

THREE YEARS

$208

FIVE YEARS

$362

TEN YEARS

$810

 

Portfolio 2036


ONE YEAR

$66

THREE YEARS

$208

FIVE YEARS

$362

TEN YEARS

$810

 

Portfolio 2033


ONE YEAR

$67

THREE YEARS

$211

FIVE YEARS

$368

TEN YEARS

$822

 

Portfolio 2030


ONE YEAR

$68

THREE YEARS

$214

FIVE YEARS

$373

TEN YEARS

$835

 

Portfolio 2027


ONE YEAR

$68

THREE YEARS

$214

FIVE YEARS

$373

TEN YEARS

$835

 

Portfolio 2024


ONE YEAR

$57

THREE YEARS

$179

FIVE YEARS

$313

TEN YEARS

$701

 

Portfolio for Education Today


ONE YEAR

$41

THREE YEARS

$128

FIVE YEARS

$224

TEN YEARS

$505

 

Balanced Portfolio


ONE YEAR

$69

THREE YEARS

$218

FIVE YEARS

$379

TEN YEARS

$847

 

Equity Portfolio


ONE YEAR

$66

THREE YEARS

$208

FIVE YEARS

$362

TEN YEARS

$810

 

Fix Income Portfolio


ONE YEAR

$68

THREE YEARS

$214

FIVE YEARS

$373

TEN YEARS

$835

 

Global Impact Equity Portfolio


ONE YEAR

$91

THREE YEARS

$284

FIVE YEARS

$493

TEN YEARS

$1,096

 

Money Market Portfolio


ONE YEAR

$34

THREE YEARS

$106

FIVE YEARS

$185

TEN YEARS

$418

 

Total Equity Market Index Portfolio


ONE YEAR

$18

THREE YEARS

$58

FIVE YEARS

$101

TEN YEARS

$230

*As of April 15, 2021. The Estimated Underlying Fund Expenses are based on the weighted average of each fund's expense ratio (net of any expense limitations in place), in accordance with the investment option's neutral asset allocations among the applicable funds as of April 15, 2021, and reflects the exchange of underlying funds from the Investor Class to I Class for all funds but Spectrum Income Fund (which occurred on May 18, 2021). You can call 866-521-1894 to obtain the most recent weighted average of estimated underlying fund expenses for each investment option. The actual underlying fund expenses and total annual asset-based fees may be higher or lower.

**This portfolio did not exist as of April 15, 2021, and its fee structure is as of May 26, 2021.

***The Program Fee and, if necessary, the Trust Fee will be waived in whole or in part in the event that the portfolio's expenses would result in a negative return for this portfolio. Please see the Plan Disclosure Document for details. 

1Contractual fee limitations have been put in place for this portfolio. Please see the Plan Disclosure Document for details. 

2Of the total Program Fee, 0.01% is currently being waived as a result of the contractual fee limitations in place. Please see the Plan Disclosure Document for details.

Frequently Asked Questions

Can I change my selected investment option?

 

Each time you make a contribution, you may select a different portfolio. You can also make changes to your existing...

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Are my distributions taxed?

 

Distributions used to pay for qualified education expenses are generally exempt from taxes. If a distribution is...

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