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 charged to each portfolio. The trust 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 0.63%
Trust Fee 0.05%
Total Annual Asset-Based Fee 0.68%

Estimated Underlying Fund Expenses

0.63%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.68%

Estimated Underlying Fund Expenses

0.62%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.67%

Estimated Underlying Fund Expenses

0.62%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.67%

Estimated Underlying Fund Expenses

0.61%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.66%

Estimated Underlying Fund Expenses

0.53%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.58%

Estimated Underlying Fund Expenses

0.41%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.46%

Estimated Underlying Fund Expenses

0.40%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.45%

Estimated Underlying Fund Expenses

0.62%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.67%

Estimated Underlying Fund Expenses

0.63%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.68%

Estimated Underlying Fund Expenses

0.63%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.68%

Estimated Underlying Fund Expenses

0.37%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.42%

Estimated Underlying Fund Expenses

0.30%

Trust Fee

0.05%

Total Annual Asset-Based Fee

0.35%

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

$69

$218

$379

$847

Portfolio 2036

$69

$218

$379

$847

Portfolio 2033

$68

$214

$373

$835

Portfolio 2030

$68 $214 $373 $835

Portfolio 2027

$67 $211 $368 $822

Portfolio 2024

$59 $186 $324 $726

Portfolio 2021

$47 $148 $258 $579

Portfolio for Education Today**

$46 $144 $252 $567

Balanced Portfolio

$68 $214 $373 $835

Equity Portfolio

$69 $218 $379 $847

Fixed Income Portfolio

$69 $218 $379 $847

Money Market Portfolio

$42 $132 $230 $518

Total Equity Market

Index Portfolio

$36 $113 $197 $443

 

Portfolio 2039


ONE YEAR

$69

THREE YEARS

$218

FIVE YEARS

$379

TEN YEARS

$847

 

Portfolio 2036


ONE YEAR

$69

THREE YEARS

$218

FIVE YEARS

$379

TEN YEARS

$847

 

Portfolio 2033


ONE YEAR

$68

THREE YEARS

$214

FIVE YEARS

$373

TEN YEARS

$835

 

Portfolio 2030


ONE YEAR

$68

THREE YEARS

$214

FIVE YEARS

$373

TEN YEARS

$835

 

Portfolio 2027


ONE YEAR

$67

THREE YEARS

$211

FIVE YEARS

$368

TEN YEARS

$822

 

Portfolio 2024


ONE YEAR

$59

THREE YEARS

$186

FIVE YEARS

$324

TEN YEARS

$726

 

Portfolio 2021


ONE YEAR

$47

THREE YEARS

$148

FIVE YEARS

$258

TEN YEARS

$579

 

Portfolio for Education Today**


ONE YEAR

$46

THREE YEARS

$144

FIVE YEARS

$252

TEN YEARS

$567

 

Balanced Portfolio


ONE YEAR

$68

THREE YEARS

$214

FIVE YEARS

$373

TEN YEARS

$835

 

Equity Portfolio


ONE YEAR

$69

THREE YEARS

$218

FIVE YEARS

$379

TEN YEARS

$847

 

Fix Income Portfolio


ONE YEAR

$69

THREE YEARS

$218

FIVE YEARS

$379

TEN YEARS

$847

 

Money Market Portfolio


ONE YEAR

$42

THREE YEARS

$132

FIVE YEARS

$230

TEN YEARS

$518

 

Total Equity Market Index Portfolio


ONE YEAR

$36

THREE YEARS

$113

FIVE YEARS

$197

TEN YEARS

$443

*As of June 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 June 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.

**Portfolio for College was renamed Portfolio for Education Today, effective November 15, 2019.

***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 Money Market Portfolio.

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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