Since 2002, the DC College Savings Plan has enabled over 22,000 families to save more than $500 million for their children to go to college.

DC College Savings Plan gives families a simple way to help save for rising college and vocational school costs, with special features like:

  • Significant tax advantages, from tax-deferred growth to tax-free qualified distributions1
  • Minimal initial investment of only $25 to open an account
  • Flexible investment choices
  • Easy online enrollment and management, and much more.

1Earnings on non-qualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes and recapture of DC tax deductions. Tax and other benefits are contingent on meeting other requirements and certain withdrawals are subject to federal, state, and local taxes.