ScholarShare Investment Board

Offering a tax-advantaged way to save for college

ScholarShare 529 is California's official tax-advantaged 529 plan, designed to make saving for higher education easier and more affordable.

Helping California families save for higher education costs

We are committed to helping California families save for the ever-rising cost of college and other qualified post-secondary education expenses.

Providing flexible, low-cost investment options for education

The plan offers a variety of flexible and low-cost investment portfolios to fit your family's financial goals and savings timeline.

About the ScholarShare Investment Board

The ScholarShare Investment Board sets investment policies and oversees all activities of ScholarShare 529, the state’s 529 college investment plan. The program enables Californians to save for college by putting money in tax-advantaged investments. After-tax contributions allow earnings to grow tax-deferred, and disbursements, when used for tuition and other qualified expenses, are federal and state tax-free. ScholarShare 529 is managed by TIAA-CREF Tuition Financing, Inc.

The ScholarShare Investment Board also oversees the California Memorial Scholarship Program and the California Kids and Investment Development Savings Program.