Reports And Publications Home About About the Office About The Treasurer Programs Employees' Retirement System of Rhode Island Unclaimed Property Crime Victim Compensation Program Debt Management CollegeBound Saver (529 Plan) R.I.'s ABLE - Savings Plans for People with Disabilities Financial Empowerment Rhode Island School Building Task Force BankLocal Real Estate Deposits Section 218 Agreements Investments Investment Information Center Ocean State Investment Pool Cash Management Reports 2019 Shareholder Engagement Open Government Public Records Request Data Portal RFPs Open Meetings Info Investor Relations Contact CollegeBound Saver is a tax-advantaged savings plan that allows Rhode Islanders to save for college affordably and conveniently. Savings can be used at accredited colleges, universities, trade, and vocational schools worldwide, as well as for registered apprenticeship programs. Research indicates that children with college savings, even less than $500, are three times more likely to attend college and four times more likely to graduate. Benefits of opening a CollegeBound Saver account include: Assets grow tax-deferred and withdrawals for qualified higher education expenses stay tax-free. Savings can be used to pay for qualified expenses at any accredited higher education institution in the U.S. or abroad. There is no minimum investment required. Rhode Island taxpayers may receive a tax deduction of up to $1,000. (Please consult a tax advisor for information on your specific situation.) You can change the beneficiary of your account at any time to a member of the former beneficiary’s family. To learn more about CollegeBound Saver please visit www.collegeboundsaver.com or call (877) 517-4829. Certification Form Terms and Conditions Rhode Island Higher Education Savings Trust - 2023 Audited Financial Statements Rhode Island Higher Education Savings Trust - 2022 Audited Financial Statements Rhode Island Higher Education Savings Trust - 2021 Audited Financial Statements Rhode Island Higher Education Savings Trust - 2020 Audited Financial Statements Rhode Island Higher Education Savings Trust - 2019 Audited Financial Statements Rhode Island Higher Education Savings Trust - 2018 Audited Financial Statements Rhode Island Higher Education Savings Trust - 2017 Audited Financial Statements Rhode Island Higher Education Savings Trust - 2016 Audited Financial Statements