May 3, 2021

Future Scholar Makes Saving for College as Easy as 1-2-3

May 29 is 5-2-9 Day, the perfect opportunity to invest in a child’s future dreams by opening a 529 college savings account. And with South Carolina’s Future Scholar 529 College Savings Plan, deciding to get started is as easy as 1-2-3. So… mark your calendar! It’s never too late - or too early - to start saving for a child, grandchild or loved one’s higher education goals.

Get on the Path to College Savings

The idea of saving up for a child’s college education can seem daunting – we get it! But you don’t have to put away thousands of dollars in one fell swoop. Small and steady contributions can make a big impact over the years.

With Future Scholar, getting on the path to college savings doesn’t require a minimum contribution, and you can add funds to your account as your individual budget allows. But if a little guidance on the best contribution amount motivates you, read on!Image of Sample Calculator PDF Report

#1. Use the World’s Simplest College Savings Calculator

Click here for the World’s Simplest College Savings Calculator, an easy-to-use tool that can help you determine how much to contribute each month based on the estimated cost of college when your child is ready to enroll.

All you do is enter your child’s age, and we take care of the rest. If you simply want to know how much to contribute, just look at the “results” page. If you’re more analytical and visual, the “graphs” and “tables” tabs will supply a full breakdown. You can even download a sleek PDF report to review with your family. 

#2. Need more encouragement? Use the Price of Procrastination Calculator

Sometimes we don’t act because we don’t know. You may realize that the longer a family waits to begin contributing to a 529 plan, the more they will need to sock away to fund their child’s education, but do you really know the price of procrastination?

Click here! The Price of Procrastination Calculator will bring this concept to life by providing tangible numbers that show how much more money you will need to contribute as you delay saving. It’s inspiring!

And if you’ve just realized you’ve been procrastinating, don’t worry! Stay positive and jump on the path to college savings! When your child gets ready for higher learning, you’ll be thrilled to have those funds to put toward tuition and expenses.

#3. Easy Enrollment to Get You Moving

Getting on the college savings path is a snap! We offer three flexible ways to enroll. You can enroll online, print and mail an application, or order an enrollment kit straight to your doorstep. Open an account and get started today... it’s as easy as 1-2-3!

Now, Everybody Celebrate!

At Future Scholar, we’ll celebrate 5-2-9 Day with our PalmettoBaby Program. All babies born in South Carolina on 5-2-9 Day, May 29, 2021, will be eligible to receive a privately-funded $529 grant to jumpstart their Future Scholar College Savings Plan. Hooray for our newest scholars! You can learn more here.

We want you to have a reason to celebrate, too! Open your own Future Scholar 529 College Savings account for the special child in your life and celebrate your smart decision on May 29, 2021!