College Savings Trust

counting money

You may save money for college expenses by participating in the Golden State ScholarShare Program, California's 529 college savings trust.

The plan allows you to save for a named beneficiary to go to college. It is administered by Fidelity and is open to all San José State University employees and students.

The money goes into the account after taxes, but the interest accrued is not taxed, either on the federal or state level, if withdrawn for college expenses.

There is no open enrollment period. You can either set up payroll deductions or have the money automatically deducted from your checking account.

To open an account, visit Fidelity Scholar Share or call 1-800-544-5248.