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Our Plan Is Recognized for Its Excellence

Strong Performance That Sets Us Apart

The T. Rowe Price College Savings Plan has been helping families save for college since 2001. Backed by high ratings from Morningstar, and SavingforCollege.com we're helping you invest in your family's future with confidence.

Highly Rated by Morningstar

In October 2021, the T. Rowe Price College Savings Plan received high recognition from Morningstar--a respected independent investment research firm. It gave the plan a "Silver" rating for being "one of the industry's most-accomplished multi asset teams...[which] has solidified itself as one of the most forward-thinking in the industry." The plan continues to stand out as one of the most consistent, highly rated plans in the country.

"one of the industry's most-accomplished multi-asset teams...[which] has solidified itself as one of the most forward-thinking in the industry."

According to Morningstar's 2021 report, "The multi-asset group's best thinking comes through in the plan's age-based track. It takes the best ideas generated from the team's asset-allocation research, which included the addition of a large-cap core strategy to the lineup in 2021 and two new equity strategies that added diversification benefits to the portfolio in 2020."

Highly Ranked by Savingforcollege.com

The T. Rowe Price College Savings Plan was ranked #1 for 529 plan performance in the 1 and 3-year periods and #2 in the 3 and 5-year periods as of 6/30/22.

“...ranked #1 for 529 plan performance in the 1 and 3-year periods and #2 in the 3 and 5-year periods..."

Savingforcollege.com conducts quarterly evaluations of the investment performance of thousands of 529 portfolios and ranks the plans based on the results.¹ According to Savingforcollege.com, the rankings are "…a helpful tool for families and financial professionals looking to compare college savings options."

Savingforcollege.com 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.

Savingforcollege.com conducts quarterly evaluations of the investment performance of thousands of 529 portfolios and ranks the plans based on the results.1 According to Savingforcollege.com, the rankings are "…a helpful tool for families and financial professionals looking to compare college savings options."

¹Each quarter, Savingforcollege.com 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.

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.

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Frequently Asked Questions

Can I move assets from another college savings account or an UGMA/UTMA account into a T. Rowe Price College Savings Plan account?

To open or contribute to a T. Rowe Price College Savings Plan account using your savings from another 529 plan...

Is there anything else I should know about the T. Rowe Price College Savings Plan?

As an added benefit, if you participate in the T. Rowe Price College Savings Plan for two or more years, you may...

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The T. Rowe Price College Savings Plan is offered by the Education Trust of Alaska. You should compare this Plan with any 529 plan offered by your home state or your beneficiary’s home state and consider, before investing, any state tax or other state benefits, such as financial aid, scholarship funds, or protection from creditors that are only available for investments in the home state’s plan. Please read and/or download the Plan Disclosure Document, which includes investment objectives, risks, fees, charges and expenses, and other information that you should read and consider carefully before investing, or call 1-866-521-1894 to request a paper copy. For other important legal information, please read the Plan's Privacy Policy. T. Rowe Price Investment Services, Inc., Distributor/Underwriter.

Morningstar analysts reviewed 62 plans for its 2021 ratings (10/26/21), of which 11 plans received a "Silver" rating. To determine a plan's rating, Morningstar's analysts organized their research around four 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.

^©2022 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.