Report Highlights. Less than one-third of college students’ families (32%) take advantage of dedicated college savings accounts such as Coverdell and 529 plans.
- 54% of parents are unaware of 529 college savings programs.
- The average 529 college savings account balance was $34,084 at the end of 2025.
- American families have 17.914 million 529 savings accounts.
- The average 529 account balance grew by $260.25 per month in 2025.
- As of 2025, families nationwide had saved a total of $602.92 billion in 529s.
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Family College Saving Statistics
Most American families (60%) have some savings set aside for college or other postsecondary education; general savings accounts are the most common saving method.
- In 2026, American families have an average of $42,307 saved for postsecondary education (up from $26,266 in 2020).
- 53% of families saving for college use general savings accounts as of 2026.
- In the 2024-25 academic year (AY), 74% of undergraduates and their families used parent savings and income to pay for college.
- The average college student used their own income and savings to pay for 10% of their tuition costs in AY2024-25.
- Among households with one or more children aged 18 or under, 13.5% have a dedicated college savings account.
- In 2023, $14,000 was the median balance in household college savings accounts (such as 529s).
- Among households with at least one child aged 18 or under, $42,000 was the median college savings account balance in 2023.
- Americans generally had 40% of their college savings in a college-specific savings account in 2018.
Parental Saving Statistics
Parents’ income and savings paid for the largest share of college tuition in AY2024-25 (38%).
- Parents contributed an average of $3,225 per student from postsecondary education savings accounts in AY2024-25.
- $922 per college student came from parents’ retirement savings in AY2024-25.
- An additional $1,980 of college funding per student came from parents’ other savings and investments, such as brokerage and general savings accounts.
- Among households with annual incomes of $150,000 or more, 87% of parents use their own income and savings to help pay for their children to go to college.
- 64% of parents earning less than $50,000 per year use their own income and savings to send their children to college.
Student Saving Statistics
A little over one-third of students use their own savings to pay for college.
- Among college students who used their own savings to pay for the cost of attendance in AY2024-25, the average contribution is $2,850.
- Compared to AY2023-24, students who used their own savings contributed $405 more to the cost of college attendance in AY2024-25.
- 35% of college students use their own savings to pay for school.
- Among all students (including those who don’t use their own savings), students’ savings cover 3.28% of the cost of college attendance.
Saving vs. Borrowing for College
Students increasingly relied on borrowing for college in AY2024-25 while parents were less likely to borrow.
- 31% of students borrowed to pay for college
- College students borrowed to pay for 11.9% of their out-of-pocket cost of attendance in AY2024-25; parent borrowing covered 11.2% of costs.
- Compared to families who borrow, families who do not borrow pay a 24.1% larger share of tuition from income and savings.
- Among families who borrowed to pay for college, 65% also used student income and savings; among those who didn’t borrow, 50% used student income and savings.
- Use of parent income and savings was equivalent among families who borrowed and those who didn’t borrow (74%).
![Grouped bar graph: College Borrowing by Family Income, AY2024-25 (e.g. 17.6% of students [but not their parents] borrowed among households with incomes of $150K and above) according to Sallie Mae](https://educationdata.org/wp-content/uploads/6915/480-page-5.webp)
Other College Funding Statistics
The most commonly utilized sources of college funding are private scholarships, indicating that these programs may be crucial to postsecondary students and institutions.
- Parents’ current income contributed the largest share to the out-of-pocket cost of college attendance in AY2024-25 (18.2%).
- Scholarships and grants contribute the second- and third-largest shares, 15.7% and 11.4%, respectively.
- 58% of families used parents’ current income, down four (4) percentage points YoY.
College Savings Plan Statistics
Among high school students with postsecondary plans, 58.9% will pursue 2- and 4-year degrees.
- 14% of all high school students with postsecondary plans plan to pursue additional career training* after graduation.
- 77% of high school seniors report having a plan in place to pay for higher education.
- 43% of families with an active plan to pay for college expect to borrow student loans; 17% are unsure if they will have to borrow.
*Most college savings programs (such as 529s) can also be used for vocational training, such as apprenticeships. Other approved applications may include using limited sums to repay student loans or rollover into a retirement account.
529 Plan Statistics
Section 529 of the IRS tax code establishes and defines Qualified Tuition Programs (QTPs) as tax-deductible savings or prepaid tuition accounts. See 529 Plans by State for data by program.
- The average 529 account balance at the end of 2025 ($34,084) surpassed the previous record high from 2024 ($30,961) by 10.1% ($3,123).
- From 2009 to 2025, the average account balance increased 158.4% (from $13,188) for a compound annual growth rate (CAGR) of 6.11%.
- Also in 2009, families had 10.1 million 529 savings plans; by 2025, there were another 7.81 million.
Private 529 Plan Statistics
A consortium of private colleges and universities (under the name CollegeWell) have a 529 savings plan designed for students who wish to attend private institutions.
- Private 529 programs had 7,447 active accounts at the end of 2025.
- The average private 529 account had a $46,679 balance as of December 31, 2025.
- Private 529 accounts grew at a rate of $60.64 per month in 2024 and 2025.
- College-bound students and their families had $347.62 million saved in private 529s at the end of 2025.
529 Plan Savings by State
Every state except Wyoming has its own iteration(s) of 529. Values are current as of December 31, 2025 except where otherwise noted.
- Virginia’s CollegeAmerica 529 program has more active accounts (2.655 million) than any other state 529.
- Families saving with Virginia Prepaid529 have the highest balance ($80,771) per account among all state 529 programs.
- South Carolina’s Tuition Prepaid Program has fewer active accounts (783) than any other state 529.
- Maine’s NextGen Connect 529 program has the lowest balance per account ($1,491).
| State | Total 529 Accounts | Average Account Balance |
|---|---|---|
| Alabama | 131,559 | $25,203 |
| Alaska | 322,988 | $35,539 |
| Arkansas | 56,418 | $28,882 |
| Arizona | 124,259 | $23,299 |
| California | 487,145 | $39,313 |
| Colorado | 430,434 | $33,461 |
| Connecticut | 226,473 | $32,432 |
| DC | 45,159 | $37,681 |
| Delaware | 27,553 | $27,154 |
| Florida | 622,775 | $24,711 |
| Georgia | 497,270 | $14,094 |
| Hawaii | 6,685 | $19,849 |
| Idaho | 55,703 | $18,361 |
| Illinois | 656,889 | $37,542 |
| Indiana | 464,833 | $19,232 |
| Iowa | 313,266 | $24,607 |
| Kansas | 416,819 | $35,188 |
| Kentucky | 21,256 | $15,975 |
| Louisiana | 89,246 | $21,708 |
| Maine | 503,632 | $34,054 |
| Maryland | 415,655 | $30,536 |
| Massachusetts | 323,505 | $37,291 |
| Michigan | 422,908 | $28,915 |
| Minnesota | 110,861 | $21,362 |
| Mississippi | 27,683 | $22,902 |
| Missouri | 202,913 | $24,911 |
| Montana | 13,767 | $19,206 |
| Nebraska | 305,831 | $25,744 |
| Nevada | 1,102,842 | $48,682 |
| New Hampshire | 1,190,376 | $28,056 |
| New Jersey | 267,165 | $28,209 |
| New Mexico | 100,137 | $24,572 |
| New York | 1,389,771 | $44,269 |
| North Carolina | 200,472 | $28,411 |
| North Dakota | 60,158 | $11,965 |
| Ohio | 688,487 | $30,186 |
| Oklahoma | 89,849 | $21,984 |
| Oregon | 228,720 | $25,545 |
| Pennsylvania | 313,080 | $30,289 |
| Rhode Island | 146,008 | $27,134 |
| South Carolina | 250,051 | $31,165 |
| South Dakota | 18,074 | $45,652 |
| Tennessee | 32,325 | $15,427 |
| Texas | 96,750 | $28,679 |
| Utah | 577,197 | $51,071 |
| Vermont | 31,646 | $25,632 |
| Virginia | 3,239,632 | $38,066 |
| Washington | 90,789 | $30,093 |
| West Virginia | 107,364 | $30,459 |
| Wisconsin | 361,889 | $25,424 |
Alabama 529 Plan Statistics
Alabama 529 programs had 131,559 active accounts at the end of 2025.
- The average Alabama 529 account had a $25,203 balance as of December 31, 2025.
- Alabama 529 accounts grew at a rate of $139.22 per month in 2024 and 2025.
- College-bound students and their families had $3.316 billion saved in Alabama 529s at the end of 2025.
- The most popular savings plan is Alabama’s CollegeCounts 529 Advisor Fund, with $1.629 billion saved in 66,566 accounts.
- Families who use Alabama’s Prepaid Affordable College Tuition (PACT) Plan save the largest amount per account ($53,213).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Prepaid Affordable College Tuition (PACT) | 3,486 | $53,213 |
| CollegeCounts 529 Fund – Direct | 61,507 | $24,400 |
| CollegeCounts 529 Fund – Advisor | 66,566 | $24,479 |
Alaska 529 Plan Statistics
Alaska 529 programs had 322,988 active accounts at the end of 2025.
- The average Alaska 529 account had a $25,203 balance as of December 31, 2025.
- Alaska 529 accounts grew at a rate of $139.22 per month in 2024 and 2025.
- College-bound students and their families had $11.479 billion saved in Alaska 529s at the end of 2025.
- The most popular savings plan is Alaska’s John Hancock Freedom 529 Plan, with $6.420 billion saved in 165,064 accounts.
- Families who use Alaska’s John Hancock Freedom 529 Plan save the largest amount per account ($38,893) compared to other plans.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| John Hancock Freedom 529 | 165,064 | $38,893 |
| Alaska 529 | 49,403 | $17,936 |
| T. Rowe Price College Savings Plan | 108,521 | $38,451 |
Arkansas 529 Plan Statistics
Arkansas 529 programs had active 56,418 accounts at the end of 2025.
- The average Arkansas 529 account had a $28,882 balance as of December 31, 2025.
- Arkansas 529 accounts grew at a rate of $160.71 per month in 2024 and 2025.
- College-bound students and their families had $1.629 billion saved in Arkansas 529s at the end of 2025.
- The more popular savings plan is Arkansas’ Brighter Future 529 Direct Plan, with $757.43 million saved in 38,632 accounts.
- Families who use Arkansas’ Brighter Future 529 Advisor Plan save the largest amount per account ($49,030).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Brighter Future 529 Advisor | 17,786 | $49,030 |
| Brighter Future 529 Direct | 38,632 | $19,606 |
Arizona 529 Plan Statistics
Arizona 529 programs had 124,259 active accounts at the end of 2025.
- The average Arizona 529 account had a $23,299 balance as of December 31, 2025.
- Arizona 529 accounts grew at a rate of $144.72 per month in 2024 and 2025.
- College-bound students and their families had $2.895 billion saved in Arizona 529s at the end of 2025.
- The more popular savings plan is Arizona’s AZ529 Education Savings Plan, with $2.112 billion saved in 94,470 accounts.
- Families who use Arizona’s Goldman Sachs 529 Plan save the largest amount per account ($26,297).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Arizona Goldman Sachs 529 Plan | 29,789 | $26,297 |
| AZ529 Arizona’s Education Savings Plan | 94,470 | $22,354 |
California 529 Plan Statistics
California has one 529 program with 487,145 active accounts at the end of 2025.
- The average California 529 account had a $39,313 balance as of December 31, 2025.
- California ScholarShare College Savings Plan accounts grew at a rate of $215.81 per month in 2024 and 2025.
- College-bound students and their families had $19.151 billion saved in California 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| ScholarShare College Savings Plan | 487,145 | $39,313 |
Colorado 529 Plan Statistics
Colorado 529 programs had 430,434 active accounts at the end of 2025.
- The average Colorado 529 account had a $33,461 balance as of December 31, 2025.
- Colorado 529 accounts grew at a rate of $217.57 per month in 2024 and 2025.
- College-bound students and their families had $14.403 billion saved in Colorado 529s at the end of 2025.
- The most popular savings plan is Colorado’s CollegeInvest Direct Portfolio College Savings Plan, with $8.485 billion saved in 236,448 accounts.
- Families who use Colorado’s CollegeInvest Direct Portfolio College Savings Plan also save the largest amount per account ($35,886) compared to other 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| CollegeInvest Direct Portfolio College Savings Plan | 236,448 | $35,886 |
| Smart Choice College Savings Plan | 15,679 | $6,148 |
| Stable Value Plus College Savings Plan | 10,733 | $10,196 |
| Colorado Advisor Plan | 167,574 | $34,087 |
Connecticut 529 Plan Statistics
Connecticut 529 programs had 226,473 active accounts at the end of 2025.
- The average Connecticut 529 account had a $32,432 balance as of December 31, 2025.
- Connecticut 529 accounts grew at a rate of $216.56 per month in 2024 and 2025.
- College-bound students and their families had $7.345 billion saved in Connecticut 529s at the end of 2025.
- The more popular savings plan is Connecticut’s Higher Education Trust (CHET) 529 College Savings Program, with $6.133 billion saved in 190,784 accounts.
- Families who use Connecticut’s CHET Advisor 529 Plan save more per account ($33,952) than other 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| The Connecticut Higher Education Trust (CHET) 529 College Savings Program | 190,784 | $32,148 |
| CHET Advisor 529 Plan | 35,689 | $33,952 |
Delaware 529 Plan Statistics
Delaware’s DE529 Education Savings Plan had 27,553 active accounts at the end of 2025.
- The average Delaware 529 account had a $27,154 balance as of December 31, 2025.
- DE529 accounts grew at a rate of $23.58 per month in 2024 and 2025.
- College-bound students and their families had $748.17 million saved in Delaware 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| DE529 Education Savings Plan | 27,553 | $27,154 |
District of Columbia 529 Plan Statistics
D.C.’s 529 College Savings Plan had 45,159 active accounts at the end of 2025.
- The average D.C. 529 account had a $37,681 balance as of December 31, 2025.
- D.C. 529 accounts grew at a rate of $299.08 per month in 2024 and 2025.
- College-bound students and their families had $1.702 billion saved in D.C. 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| DC College Savings Plan | 45,159 | $37,681 |
Florida 529 Plan Statistics
Florida 529 programs had 622,775 active accounts at the end of 2025.
- The average Florida 529 account had a $24,711 balance as of December 31, 2025.
- Florida 529 accounts grew at a rate of $77.27 per month in 2024 and 2025.
- College-bound students and their families had $15.389 billion saved in Florida 529s at the end of 2025.
- The more popular savings plan is Florida’s Stanley G. Tate Prepaid College Program, with $13.507 billion saved in 472,475 accounts.
- Families who use Florida’s Stanley G. Tate Prepaid College Program save more per account ($28,587) than other Florida 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Florida Stanley G. Tate Florida Prepaid College Program | 472,475 | $28,587 |
| Florida 529 Savings Plan | 150,300 | $12,524 |
Georgia 529 Plan Statistics
Georgia’s Path2College 529 Plan had 497,270 active accounts at the end of 2025.
- The average Georgia Path2College 529 account had a $14,094 balance as of December 31, 2025.
- Georgia 529 accounts declined at a rate of $333.74 per month in 2024 and 2025.
- College-bound students and their families had $7.009 billion saved in Georgia 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Path2College 529 Plan | 497,270 | $14,094 |
Hawaii 529 Plan Statistics
Hawaii’s HI529 College Savings Program had 6,685 active accounts at the end of 2025.
- The average HI529 account had a $19,849 balance as of December 31, 2025.
- Hawaii 529 accounts grew at a rate of $64.88 per month in 2024 and 2025.
- College-bound students and their families had $132.69 million saved in Hawaii 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| HI529 Hawaii’s College Savings Program | 6,685 | $19,849 |
Idaho 529 Plan Statistics
Idaho’s IDeal College Savings Program had 55,703 active accounts at the end of 2025.
- The average Idaho 529 account had a $18,361 balance as of December 31, 2025.
- Idaho 529 accounts grew at a rate of $102.79 per month in 2024 and 2025.
- College-bound students and their families had $1.023 billion saved in Idaho 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| IDeal Idaho College Savings Program | 55,703 | $18,361 |
Illinois 529 Plan Statistics
Illinois 529 programs had 656,889 active accounts at the end of 2025.
- The average Illinois 529 account had a $37,542 balance as of December 31, 2025.
- Illinois 529 accounts grew at a rate of $339.39 per month in 2024 and 2025.
- College-bound students and their families had $24.661 billion saved in Illinois 529s at the end of 2025.
- The most popular savings plan is Illinois’ Bright Start program, with $15.235 billion saved in 358,515 accounts.
- Families who use Illinois’ Bright Start also save the largest amount per account ($42,494) compared to other 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| College Illinois! Prepaid Tuition Program | 11,902 | $32,607 |
| Illinois Bright Directions | 286,472 | $31,549 |
| Illinois Bright Start | 358,515 | $42,494 |
Indiana 529 Plan Statistics
Indiana 529 programs had 464,833 active accounts at the end of 2025.
- The average Indiana 529 account had a $19,232 balance as of December 31, 2025.
- Indiana 529 accounts grew at a rate of $127.76 per month in 2024 and 2025.
- College-bound students and their families had $8.940 billion saved in Indiana 529s at the end of 2025.
- The most popular savings plan is Indiana’s the Indiana529 Direct Savings Plan, with $5.608 billion saved in 287,370 accounts.
- Families who use Indiana’s CollegeChoice CD plan save the largest amount per account ($19,960).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Indiana 529 Advisor Savings Plan | 176,020 | $18,767 |
| Indiana529 Direct Savings Plan | 287,370 | $19,514 |
| CollegeChoice CD | 1,443 | $19,960 |
Iowa 529 Plan Statistics
Iowa 529 programs had 313,266 active accounts at the end of 2025.
- The average Iowa 529 account had a $24,607 balance as of December 31, 2025.
- Iowa 529 accounts grew at a rate of $147.37 per month in 2024 and 2025.
- College-bound students and their families had $7.709 billion saved in Iowa 529s at the end of 2025.
- The more popular savings plan is Iowa’s ISave 529, with $6.879 billion saved in 273,801 accounts.
- Families who use Iowa’s ISave 529 save more per account ($25,125) compared to other 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| ISave 529 | 273,801 | $25,125 |
| Iowa Advisor 529 Plan | 39,465 | $21,016 |
Kansas 529 Plan Statistics
Kansas 529 programs had 416,819 active accounts at the end of 2025.
- The average Kansas 529 account had a $35,188 balance as of December 31, 2025.
- Kansas 529 accounts grew at a rate of $152.36 per month in 2024 and 2025.
- College-bound students and their families had $14.667 billion saved in Kansas 529s at the end of 2025.
- The most popular savings plan is Kansas’ ACI-Schwab 529 College Savings Plan, with $12.065 billion saved in 315,973 accounts.
- Families who use Kansas’ Schwab Learning Quest 529 Plan save the largest amount per account ($48,515).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| ACI – Schwab 529 College Savings Plan | 315,973 | $38,183 |
| Schwab Learning Quest 529 Plan | 4,656 | $48,515 |
| Learning Quest Education Savings Program | 82,913 | $25,042 |
| Learning Quest Advisor | 13,277 | $22,604 |
Kentucky 529 Plan Statistics
Kentucky 529 programs had 21,256 active accounts at the end of 2025.
- The average Kentucky 529 account had a $15,975 balance as of December 31, 2025.
- Kentucky 529 accounts grew at a rate of $101.58 per month in 2024 and 2025.
- College-bound students and their families had $339.56 million saved in Kentucky 529s at the end of 2025.
- The more popular savings plan is Kentucky’s KY Saves 529 Plan, with $332.36 million saved in 20,031 accounts.
- Families who use KY Saves 529 save more per account ($16,592) than other Kentucky 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Kentucky’s Affordable Prepaid Tuition | 1,225 | $5,878 |
| KY Saves 529 | 20,031 | $16,592 |
Louisiana 529 Plan Statistics
Louisiana 529 programs had 89,246 active accounts at the end of 2025.
- The average Louisiana 529 account had a $21,708 balance as of December 31, 2025.
- Louisiana 529 accounts grew at a rate of $147.33 per month in 2024 and 2025.
- College-bound students and their families had $1.937 billion saved in Louisiana 529s at the end of 2025.
- The more popular savings plan is Louisiana’s START Saving Program, with $1.889 billion saved in 84,030 accounts.
- Families who use Louisiana’s START Saving Program save the largest amount per account ($22,475) compared to other Louisiana 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| START Saving Program | 84,030 | $22,475 |
| START K12 Savings Program | 5,216 | $9,355 |
Maine 529 Plan Statistics
Maine 529 programs had 503,632 active accounts at the end of 2025.
- The average Maine 529 account had a $34,054 balance as of December 31, 2025.
- Maine 529 accounts grew at a rate of $220.01 per month in 2024 and 2025.
- College-bound students and their families had $17.151 billion saved in Maine 529s at the end of 2025.
- The most popular savings plan is Maine’s 529 NextGen Direct Plan, with $4.876 billion saved in 266,312 accounts.
- Families who use Maine’s 529 NextGen Select Plan save the largest amount per account ($52,073).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| NextGen Select | 235,672 | $52,073 |
| NextGen Direct | 266,312 | $18,311 |
| NextGen Connect | 1,648 | $1,491 |
Maryland 529 Plan Statistics
Maryland 529 programs had 415,655 active accounts at the end of 2025.
- The average Maryland 529 account had a $30,536 balance as of December 31, 2025.
- Maryland 529 accounts grew at a rate of $160.97 per month in 2024 and 2025.
- College-bound students and their families had $12.692 billion saved in Maryland 529s at the end of 2025.
- The more popular savings plan is Maryland’s College Investment Plan, with $11.682 billion saved in 394,196 accounts.
- Families who use Maryland’s Prepaid College Trust save more per account ($47,080).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Maryland College Investment Plan | 394,196 | $29,635 |
| Maryland Prepaid College Trust | 21,459 | $47,080 |
Massachusetts 529 Plan Statistics
Massachusetts 529 programs had 323,505 active accounts at the end of 2025.
- The average Massachusetts 529 account had a $37,291 balance as of December 31, 2025.
- Massachusetts 529 accounts grew at a rate of $202.86 per month in 2024 and 2025.
- College-bound students and their families had $12.064 billion saved in Massachusetts 529s at the end of 2025.
- The more popular savings plan is Massachusetts’s U.Fund College Investing Plan, with $11.978 billion saved in 318,875 accounts.
- Families who use Massachusetts’s U.Fund College Investing Plan save more per account ($37,563) compared to other Massachusetts 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Massachusetts The U.Fund College Investing Plan | 318,875 | $37,563 |
| Massachusetts U.Plan | 4,630 | $18,617 |
Michigan 529 Plan Statistics
Michigan 529 programs had 422,908 active accounts at the end of 2025.
- The average Michigan 529 account had a $28,915 balance as of December 31, 2025.
- Michigan 529 accounts grew at a rate of $172.03 per month in 2024 and 2025.
- College-bound students and their families had $12.229 billion saved in Michigan 529s at the end of 2025.
- The most popular savings plan is Michigan’s Education Savings Plan, with $9.577 billion saved in 334,228 accounts.
- Families who use Michigan’s Education Trust save the most per account ($41,953).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Michigan Education Savings Plan* | 334,228 | $28,655 |
| Michigan Advisor Plan | 60,282 | $24,220 |
| Michigan Education Trust (MET) | 28,398 | $41,953 |
*Values current as of March 31, 2025
Minnesota 529 Plan Statistics
Minnesota’s College Savings 529 Plan had 110,861 active accounts at the end of 2025.
- The average Minnesota 529 account had a $21,362 balance as of December 31, 2025.
- Minnesota 529 accounts grew at a rate of $62.82 per month in 2024 and 2025.
- College-bound students and their families had $2.368 billion saved in Minnesota 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Minnesota College Savings Plan | 110,861 | $21,362 |
Mississippi 529 Plan Statistics
Mississippi 529 programs had 27,683 active accounts at the end of 2025.
- The average Mississippi 529 account had a $22,902 balance as of December 31, 2025.
- Mississippi 529 accounts grew at a rate of $108.37 per month in 2024 and 2025.
- College-bound students and their families had $633.99 million saved in Mississippi 529s at the end of 2025.
- The more popular savings plan is Mississippi’s Affordable College Savings Plan, with $345.10 million saved in 17,570 accounts.
- Families who use Mississippi’s Prepaid Affordable College Tuition Program save more per account ($28,566) compared to other Mississippi 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Mississippi Affordable College Savings | 17,570 | $19,642 |
| Mississippi Prepaid Affordable College Tuition Program | 10,113 | $28,566 |
Missouri 529 Plan Statistics
Missouri’s 529 Saving for Tuition program had 202,913 active accounts at the end of 2025.
- The average Missouri 529 account had a $24,911 balance as of December 31, 2025.
- Missouri 529 accounts grew at a rate of $159.45 per month in 2024 and 2025.
- College-bound students and their families had $5.055 billion saved in Missouri 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Missouri Saving for Tuition | 202,913 | $24,911 |
Montana 529 Plan Statistics
Montana’s 529 program had 13,767 active accounts at the end of 2025.
- The average Achieve Montana account had a $19,206 balance as of December 31, 2025.
- Montana 529 accounts grew at a rate of $123.70 per month in 2024 and 2025.
- College-bound students and their families had $264.42 million saved in Montana 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Achieve Montana | 13,767 | $19,206 |
Nebraska 529 Plan Statistics
Nebraska 529 programs had 305,831 active accounts at the end of 2025.
- The average Nebraska 529 account had a $25,744 balance as of December 31, 2025.
- Nebraska 529 accounts grew at a rate of $144.05 per month in 2024 and 2025.
- College-bound students and their families had $7.873 billion saved in Nebraska 529s at the end of 2025.
- The most popular savings plan is Nebraska’s Direct Nebraska Educational Savings Plan Trust, with $3.021 billion saved in 101,564 accounts.
- Families who use Nebraska’s Bloomwell 529 Education Savings Plan save the largest amount per account ($34,837).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Nebraska Educational Savings Plan Trust – Direct | 101,564 | $29,743 |
| Nebraska Educational Savings Plan Trust – Advisor | 80,979 | $19,910 |
| Bloomwell 529 Education Savings Plan | 71,283 | $34,837 |
| State Farm 529 Plan | 52,005 | $14,553 |
Nevada 529 Plan Statistics
Nevada 529 programs had 1.103 million active accounts at the end of 2025.
- The average Nevada 529 account had a $48,682 balance as of December 31, 2025.
- Nevada 529 accounts grew at a rate of $372.38 per month in 2024 and 2025.
- College-bound students and their families had $53.688 billion saved in Nevada 529s at the end of 2025.
- The most popular savings plan is Nevada’s Vanguard 529 Plan, with $43.874 billion saved in 674,583 accounts.
- Families who use the Vanguard 529 Plan have the highest balance per account ($65,039) compared to other Nevada 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| USAA College Savings Plan | 287,348 | $23,027 |
| Future Path 529 Plan | 105,730 | $16,996 |
| The Vanguard 529 Plan | 674,583 | $65,039 |
| Wealthfront’s College Savings Program | 25,038 | $36,573 |
| Nevada Prepaid Tuition Program | 10,143 | $47,783 |
New Hampshire 529 Plan Statistics
New Hampshire 529 programs had 1.190 million active accounts at the end of 2025.
- The average New Hampshire 529 account had a $28,056 balance as of December 31, 2025.
- New Hampshire 529 accounts grew at a rate of $108.70 per month in 2024 and 2025.
- College-bound students and their families had $33.397 billion saved in New Hampshire 529s at the end of 2025.
- The more popular savings plan is New Hampshire’s UNIQUE College Investing Plan, with $27.782. billion saved in 1.04 million accounts.
- Families who use New Hampshire’s Fidelity Advisor 529 Plan save more per account ($37,362).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Fidelity Advisor 529 Plan | 150,278 | $37,362 |
| UNIQUE College Investing Plan | 1,040,098 | $26,711 |
New Jersey 529 Plan Statistics
New Jersey 529 programs had 267,165 active accounts at the end of 2025.
- The average New Jersey 529 account had a $28,209 balance as of December 31, 2025.
- New Jersey 529 accounts grew at a rate of $171.07 per month in 2024 and 2025.
- College-bound students and their families had $7.536 billion saved in New Jersey 529s at the end of 2025.
- The more popular savings plan is New Jersey’s Franklin Templeton 529 Plan, with $5.344 billion saved in 182,836 accounts.
- Families who use New Jersey’s Franklin Templeton Plan save more per account ($29,228) compared to other New Jersey 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Franklin Templeton 529 | 182,836 | $29,228 |
| NJ BEST 529 College Savings Plans | 84,329 | $25,999 |
New Mexico 529 Plan Statistics
New Mexico 529 programs had 100,137 active accounts at the end of 2025.
- The average New Mexico 529 account had a $24,572 balance as of December 31, 2025.
- New Mexico 529 accounts grew at a rate of $119.30 per month in 2024 and 2025.
- College-bound students and their families had $2.461 billion saved in New Mexico 529s at the end of 2025.
- The more popular savings plan is New Mexico’s Scholar’s Edge Plan, with $1.650 billion saved in 67,622 accounts.
- Families who use New Mexico’s Education Plan save more per account ($24,936).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| New Mexico Scholar’s Edge | 67,622 | $24,397 |
| New Mexico The Education Plan | 32,515 | $24,936 |
New York 529 Plan Statistics
New York 529 programs had 1.390 million active accounts at the end of 2025.
- The average New York 529 account had a $44,269 balance as of December 31, 2025.
- New York 529 accounts grew at a rate of $341.91 per month in 2024 and 2025.
- College-bound students and their families had $61.524 billion saved in New York 529s at the end of 2025.
- The more popular savings plan is New York’s 529 College Savings Program Direct Plan, with $61.524 billion saved in 1.138 million accounts.
- Families who use New York’s Direct College Savings save more per account ($44,746) than other New York 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| New York’s 529 College Savings Program Direct Plan | 1,137,703 | $44,746 |
| New York’s 529 Advisor Guided College Savings Program | 252,068 | $42,116 |
North Carolina 529 Plan Statistics
North Carolina 529 programs had 200,472 active accounts at the end of 2025.
- The average North Carolina 529 account had a $28,411 balance as of December 31, 2025.
- North Carolina 529 accounts grew at a rate of $239.04 per month in 2024 and 2025.
- College-bound students and their families had $5.696 billion saved in North Carolina 529s at the end of 2025.
- The more popular savings plan is North Carolina’s National College Savings Program, with $4.227 billion saved in 173,506 accounts.
- Families who use North Carolina’s Morgan Stanley National Advisory 529 Plan save more per account ($54,461).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| North Carolina’s National College Savings Program | 173,506 | $24,362 |
| North Carolina / Morgan Stanley National Advisory 529 Plan | 26,966 | $54,461 |
North Dakota 529 Plan Statistics
North Dakota’s College SAVE 529 Plan had 60,158 active accounts at the end of 2025.
- The average North Dakota 529 account had a $11,965 balance as of December 31, 2025.
- North Dakota 529 accounts grew at a rate of $35.50 per month in 2024 and 2025.
- College-bound students and their families had $719.77 million saved in North Dakota 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| North Dakota College SAVE | 60,158 | $11,965 |
Ohio 529 Plan Statistics
Ohio 529 programs had 688,487 active accounts at the end of 2025.
- The average Ohio 529 account had a $30,186 balance as of December 31, 2025.
- Ohio 529 accounts grew at a rate of $241.21 per month in 2024 and 2025.
- College-bound students and their families had $20.783 billion saved in Ohio 529s at the end of 2025.
- The most popular savings plan is Ohio’s CollegeAdvantage Direct Plan, with $13.038 billion saved in 424,220 accounts.
- Families who use Ohio’s CollegeAdvantage Guaranteed 529 Savings Plan save the largest amount per account ($43,240).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Ohio CollegeAdvantage Guaranteed 529 Savings Plan | 2,792 | $43,240 |
| Ohio CollegeAdvantage Direct Plan | 424,220 | $30,735 |
| Ohio CollegeAdvantage Advisor 529 Savings Plan | 261,475 | $29,156 |
Oklahoma 529 Plan Statistics
Oklahoma 529 programs had 89,849 active accounts at the end of 2025.
- The average Oklahoma 529 account had a $21,984 balance as of December 31, 2025.
- Oklahoma 529 accounts grew at a rate of $142.65 per month in 2024 and 2025.
- College-bound students and their families had $1.975 billion saved in Oklahoma 529s at the end of 2025.
- The more popular savings plan is Oklahoma’s College Savings Plan, with $1.620 billion saved in 75,154 accounts.
- Families who use Oklahoma’s Dream 529 Plan save more per account ($24,144).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Oklahoma College Savings Plan | 75,154 | $21,562 |
| Oklahoma Dream 529 Plan | 14,695 | $24,144 |
Oregon 529 Plan Statistics
Oregon 529 programs had 228,720 active accounts at the end of 2025.
- The average Oregon 529 account had a $25,545 balance as of December 31, 2025.
- Oregon 529 accounts grew at a rate of $164.27 per month in 2024 and 2025.
- College-bound students and their families had $5.843 billion saved in Oregon 529s at the end of 2025.
- The more popular savings plan is Oregon’s College Savings Plan, with $3.820 billion saved in 147,976 accounts.
- Families who use the College Savings Plan save more per account ($25,813) compared to the average among other Oregon 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Oregon College Savings Plan | 147,976 | $25,813 |
| Oregon MFS-529 Savings | 80,744 | $25,053 |
Pennsylvania 529 Plan Statistics
Pennsylvania 529 programs had 313,080 active accounts at the end of 2025.
- The average Pennsylvania 529 account had a $30,289 balance as of December 31, 2025.
- Pennsylvania 529 accounts grew at a rate of $182.25 per month in 2024 and 2025.
- College-bound students and their families had $9.483 billion saved in Pennsylvania 529s at the end of 2025.
- The more popular savings plan is Pennsylvania’s Direct 529 College Savings Plan, with $6.763 billion saved in 197,475 accounts.
- Families who use the Direct College Savings Plan save more per account ($34,246) compared to the average among other Pennsylvania 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Pennsylvania 529 Guaranteed Savings Plan | 115,605 | $23,531 |
| Pennsylvania Direct 529 College Savings Plan | 197,475 | $34,246 |
Rhode Island 529 Plan Statistics
Rhode Island 529 programs had 146,008 active accounts at the end of 2025.
- The average Rhode Island 529 account had a $27,134 balance as of December 31, 2025.
- Rhode Island 529 accounts grew at a rate of $79.64 per month in 2024 and 2025.
- College-bound students and their families had $3.962 billion saved in Rhode Island 529s at the end of 2025.
- The more popular savings plan is Rhode Island’s CollegeBound 529 Plan, with $3.432 billion saved in 120,044 accounts.
- Families who use Rhode Island’s CollegeBound 529 Plan save more per account ($28,587) than those with CollegeBound Saver accounts.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Rhode Island CollegeBound 529 | 120,044 | $28,587 |
| Rhode Island CollegeBound Saver | 25,964 | $20,420 |
South Carolina 529 Plan Statistics
South Carolina 529 programs had 250,051 active accounts at the end of 2025.
- The average South Carolina 529 account had a $31,165 balance as of December 31, 2025.
- South Carolina 529 accounts grew at a rate of $188.57 per month in 2024 and 2025.
- College-bound students and their families had $7.793 billion saved in South Carolina 529s at the end of 2025.
- The most popular savings plan is South Carolina’s Future Scholars Advisor Plan, with $4.620 billion saved in 139,447 accounts.
- Families who use the Future Scholars Advisor Plan save the largest amount per account ($33,130).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| South Carolina Tuition Prepaid Program | 783 | $23,441 |
| South Carolina Future Scholars – Advisor | 139,447 | $33,130 |
| South Carolina Future Scholars – Direct | 109,821 | $28,726 |
South Dakota 529 Plan Statistics
South Dakota 529 programs had 18,074 active accounts at the end of 2025.
- The average South Dakota 529 account had a $45,652 balance as of December 31, 2025.
- South Dakota 529 accounts grew at a rate of $291.82 per month in 2024 and 2025.
- College-bound students and their families had $825.11 million saved in South Dakota 529s at the end of 2025.
- The more popular savings plan is South Dakota’s CollegeAccess 529 Advisor Plan, with $787.91 million saved in accounts.
- Families who use South Dakota’s CollegeAccess 529 Advisor Plan save more per account ($47,947) compared to the Direct 529 Plan.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| South Dakota CollegeAccess 529 Plan – Advisor | 16,433 | $47,947 |
| South Dakota CollegeAccess 529 Plan – Direct | 1,641 | $22,666 |
Tennessee 529 Plan Statistics
Tennessee’s TNStars College Savings 529 Program had 32,325 active accounts at the end of 2025.
- The average Tennessee 529 account had a $15,427 balance as of December 31, 2025.
- Tennessee 529 accounts grew at a rate of $112.06 per month in 2024 and 2025.
- College-bound students and their families had $498.67 million saved in Tennessee 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| TNStars College Savings 529 Program | 32,325 | $15,427 |
Texas 529 Plan Statistics
Texas 529 programs had 96,750 active accounts at the end of 2025.
- The average Texas 529 account had a $28,679 balance as of December 31, 2025.
- Texas 529 accounts grew at a rate of $172.88 per month in 2024 and 2025.
- College-bound students and their families had $2.775 billion saved in Texas 529s at the end of 2025.
- The most popular savings plan is Texas’s College Savings Plan, with $1.038 billion saved in 46,039 accounts.
- Families who use Texas’s Tuition Promise Fund save the largest amount per account ($43,672).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Texas Tuition Promise Fund | 30,594 | $43,672 |
| Texas Guaranteed Tuition Plan | 11,201 | $13,125 |
| Texas College Savings Plan | 46,039 | $22,546 |
| Texas LoneStar 529 Plan | 8,916 | $28,440 |
Utah 529 Plan Statistics
Utah’s my529 program had 577,197 active accounts at the end of 2025.
- The average Utah 529 account had a $51,071 balance as of December 31, 2025.
- Utah 529 accounts grew at a rate of $294.31 per month in 2024 and 2025.
- College-bound students and their families had $29.478 billion saved in Utah my529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Utah my529 | 577,197 | $51,071 |
Vermont 529 Plan Statistics
Vermont’s Higher Education Investment 529 program had 31,646 active accounts at the end of 2025.
- The average Vermont Higher Education Investment 529 account had a $25,632 balance as of December 31, 2025.
- Vermont 529 accounts grew at a rate of $166.62 per month in 2024 and 2025.
- College-bound students and their families had $811.14 million saved in Vermont 529s at the end of 2025.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Vermont Higher Education Investment Plan | 31,646 | $25,632 |
Virginia 529 Plan Statistics
Virginia 529 programs had 3.24 million active accounts at the end of 2025.
- The average Virginia 529 account had a $38,066 balance as of December 31, 2025.
- Virginia 529 accounts grew at a rate of $286.74 per month in 2024 and 2025.
- College-bound students and their families had $123.32 billion saved in Virginia 529s at the end of 2025.
- The most popular savings plan is Virginia’s CollegeAmerica 529 program, with $109.05 billion saved in 2.655 million accounts.
- Families who use Virginia’s Prepaid529 Plan save the largest amount per account ($80,771).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Virginia CollegeAmerica | 2,655,251 | $41,070 |
| Virginia Prepaid529 | 30,056 | $80,771 |
| Virginia Invest529 | 554,325 | $21,358 |
Washington 529 Plan Statistics
Washington 529 programs had 90,789 active accounts at the end of 2025.
- The average Washington 529 account had a $30,093 balance as of December 31, 2025.
- Washington 529 accounts grew at a rate of $172.47 per month in 2024 and 2025.
- College-bound students and their families had $2.732 billion saved in Washington 529s at the end of 2025.
- The more popular savings plan is Washington’s Guaranteed Education Tuition (GET) Plan, with $1.972 billion saved in 61,638 accounts.
- Families who use Washington’s GET Plan save more per account ($32,001) than DreamAhead 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Washington Guaranteed Education Tuition (GET) | 61,638 | $32,001 |
| Washington DreamAhead College Investment Plan | 29,151 | $26,060 |
West Virginia 529 Plan Statistics
West Virginia 529 programs had 107,364 active accounts at the end of 2025.
- The average West Virginia 529 account had a $30,459 balance as of December 31, 2025.
- West Virginia 529 accounts grew at a rate of $176.40 per month in 2024 and 2025.
- College-bound students and their families had $3.270 billion saved in West Virginia 529s at the end of 2025.
- The most popular savings plan is West Virginia’s Hartford SMART529 College Savings Plan, with $1.905 billion saved in 68,802 accounts.
- Families who use West Virginia’s SMART529 Select College Savings Plan save the most per account ($61,610).
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| West Virginia The Hartford SMART529 College Savings Plan | 68,802 | $27,692 |
| West Virginia SMART529 WV Direct College Savings Plan | 26,357 | $23,255 |
| West Virginia SMART529 Select College Savings Plan | 12,205 | $61,610 |
Wisconsin 529 Plan Statistics
Wisconsin 529 programs had 361,889 active accounts at the end of 2025.
- The average Wisconsin 529 account had a $25,424 balance as of December 31, 2025.
- Wisconsin 529 accounts grew at a rate of $172.70 per month in 2024 and 2025.
- College-bound students and their families had $9.201 billion saved in Wisconsin 529s at the end of 2025.
- The more popular savings plan is Wisconsin’s EdVest Plan, with $6.529 billion saved in 249,515 accounts.
- Families who use Wisconsin’s EdVest Plan save more per account ($26,166) than Tomorrow’s Scholar 529s.
| Program Name | Open Accounts | Average Account Balance |
|---|---|---|
| Wisconsin EdVest | 249,515 | $26,166 |
| Wisconsin Tomorrow’s Scholar 529 Plan | 112,374 | $23,777 |
Wyoming 529 Plan Statistics
Wyoming terminated its 529 programs in 2006. College-bound residents of Wyoming may qualify for other states’ programs and national 529 plans such as the Private College 529 Plan or the SMART plans.