Strong Performance That Sets Us Apart
The T. Rowe Price College Savings Plan has been helping families save for college since 2001. Backed by a "Silver" rating from Morningstar and a top ten ranking by Savingforcollege.com, we're helping you invest in your family's future with confidence.
Highly Rated by Morningstar
In November 2022, the T. Rowe Price College Savings Plan received a "Silver" rating from Morningstar--a respected independent investment research firm.
The plan continues to stand out as one of the most consistent, highly rated plans in the country that "benefits from the support of one of the industry's best multi-asset teams."
The "Silver" rating "indicates that a highly regarded investment team employs a rigorous process regarding glide-path design, asset allocation, manager selection, and risk management to create an offering that is suitable for 529 beneficiaries."
Ranked in the Top Ten by Savingforcollege.com
The T. Rowe Price College Savings Plan was ranked #7 for 529 plan performance in the 5-year period and #5 in the 10-year period as of 12/31/22.
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.
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. As of 12/31/2022, the rankings for the T. Rowe Price College Savings Plan were: 30 out of 54, 14 out of 49, 7 out of 41 and 5 out of 32 funds for the 1-, 3-, 5-, and 10-year periods, respectively.
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.
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...
