This year, give the gift of college tuition

New feature brings online giving to GET’s website

Wondering what to do this year for that special grandchild, niece, nephew or cousin in your life? This year, consider giving the gift of education by contributing to a child’s GET account.

GET is Washington’s 529 prepaid tuition plan, where your college savings account is guaranteed by state law to keep pace with rising tuition, even if it doubles or triples in the future. GET offers flexible savings options, plus tax-free growth and withdrawals. Kids can use their GET account to attend colleges, universities and vocational schools anywhere in the country (and even in other countries). If they decide not to attend college or receive a scholarship, parents can hold the account for up to ten years, transfer the account to another child, or request a refund And, unlike regular 529 savings plans, GET accounts are unaffected by the ups and downs of the stock market.

The cost of college is on the rise and the thought of what future tuition may be can seem overwhelming, but it doesn’t have to be. Saving as much and as early as possible is the key.

Additionally, every little bit of help from family and friends certainly adds up.

The promise of future tuition is a special gift with lasting benefits. In fact, studies show that children who know they have a college savings account in their name are seven times more likely to attend college.

If a child already has a GET account, you can now make a one-time gift online  or send in a check by mail. You’ll need the child’s full name and GET account number. You can also download a certificate from the GET website to announce your gift. If you want to open a new account for a child, you can enroll online, or mail in an enrollment form. More information is available here or call 800-955-2318.