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 0.48%
Trust Fee 0.05%
Program Fee1 0.05%
Total Annual Asset-Based Fee 0.58%

Estimated Underlying Fund Expenses

0.48%

Trust Fee

0.05%
Program Fee1 0.05%

Total Annual Asset-Based Fee

0.58%

Estimated Underlying Fund Expenses

0.50%

Trust Fee

0.05%
Program Fee1 0.05%

Total Annual Asset-Based Fee

0.60%

Estimated Underlying Fund Expenses

0.53%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.63%

Estimated Underlying Fund Expenses

0.54%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.64%

Estimated Underlying Fund Expenses

0.43%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.53%

Estimated Underlying Fund Expenses

0.29%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.39%

Estimated Underlying Fund Expenses

0.29%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.39%

Estimated Underlying Fund Expenses

0.54%

Trust Fee

0.05%
Program Fee 0.05%

Total Annual Asset-Based Fee

0.64%

Estimated Underlying Fund Expenses

0.48%

Trust Fee

0.05%
Program Fee1 0.05%

Total Annual Asset-Based Fee

0.58%

Estimated Underlying Fund Expenses

0.63%

Trust Fee

0.05%
Program Fee2 0.05%

Total Annual Asset-Based Fee

0.73%

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

0.30%

Trust Fee

0.05%
Program Fee2 0.05%

Total Annual Asset-Based Fee

0.40%

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 2039

$59

$186

$324

$726

Portfolio 2036

$59

$186

$324

$726

Portfolio 2033

$61

$192

$335

$750

Portfolio 2030

$64 $202 $351 $786

Portfolio 2027

$65 $205 $357 $798

Portfolio 2024

$54 $170 $296 $665

Portfolio 2021

$40 $125 $219 $493

Portfolio for Education Today

$40 $125 $219 $493

Balanced Portfolio

$65 $205 $357 $798

Equity Portfolio

$59 $186 $324 $726

Fixed Income Portfolio

$69 $218 $379 $847

Money Market Portfolio**

$40 $125 $219 $493

Total Equity Market

Index Portfolio

$36 $113 $197 $443

 

Portfolio 2039


ONE YEAR

$59

THREE YEARS

$186

FIVE YEARS

$324

TEN YEARS

$726

 

Portfolio 2036


ONE YEAR

$59

THREE YEARS

$186

FIVE YEARS

$324

TEN YEARS

$726

 

Portfolio 2033


ONE YEAR

$61

THREE YEARS

$192

FIVE YEARS

$335

TEN YEARS

$750

 

Portfolio 2030


ONE YEAR

$64

THREE YEARS

$202

FIVE YEARS

$351

TEN YEARS

$786

 

Portfolio 2027


ONE YEAR

$65

THREE YEARS

$205

FIVE YEARS

$357

TEN YEARS

$798

 

Portfolio 2024


ONE YEAR

$54

THREE YEARS

$170

FIVE YEARS

$296

TEN YEARS

$665

 

Portfolio 2021


ONE YEAR

$40

THREE YEARS

$125

FIVE YEARS

$219

TEN YEARS

$493

 

Portfolio for Education Today


ONE YEAR

$40

THREE YEARS

$125

FIVE YEARS

$219

TEN YEARS

$493

 

Balanced Portfolio


ONE YEAR

$65

THREE YEARS

$205

FIVE YEARS

$357

TEN YEARS

$798

 

Equity Portfolio


ONE YEAR

$59

THREE YEARS

$186

FIVE YEARS

$324

TEN YEARS

$726

 

Fix Income Portfolio


ONE YEAR

$69

THREE YEARS

$218

FIVE YEARS

$379

TEN YEARS

$847

 

Money Market Portfolio


ONE YEAR

$40

THREE YEARS

$125

FIVE YEARS

$219

TEN YEARS

$493

 

Total Equity Market Index Portfolio


ONE YEAR

$36

THREE YEARS

$113

FIVE YEARS

$197

TEN YEARS

$443

*As of November 30, 2020. The Estimated Underlying Fund Expenses are based on the weighted average of each fund's expense ratio, in accordance with the investment option's actual asset among the applicable funds as of November 30, 2020. 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.

**The Program Fee and, if necessary, the Trust Fee may be waived in whole or in part to prevent a negative return for this portfolio

1Contractual waivers of the Program Fee are in place for this portfolio. Please see the Plan Disclosure Document for details. 

2Voluntary waivers of the Program Fee are in place for this portfolio. 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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