Utah Educational Savings Plan

Ways to Contribute

With college costs on the rise, you should begin planning for the future as early as possible. Saving now, even just a few dollars each month, can help make a college education more affordable for any child. To help you maximize your savings, we’ve outlined some options that may help.

Start Early—529 Savings Add Up

To provide your child with the tools to get the education he or she deserves, remember to start early. By making contributions while your beneficiary is young, you may maximize the potential benefits associated with your investment.

Early savings result in better returns

Assumes a 5% annual rate of return compounded monthly and no initial contribution. This chart is to be used for illustrative purposes only.

Contribution Methods

UESP offers a range of options to make it easy for you to contribute to your college savings account. To learn more about a contribution method, select a title below to display additional information:

Checks should be made payable to UESP and mailed to:
  • Utah Educational Savings Plan
  • PO Box 145100
  • Salt Lake City, UT 84114-5100
Be sure to include the UESP account number and beneficiary’s name on the check.
You can contribute to your account according to your own schedule, whether that means once a month or once a year. One-time electronic contributions may be completed by clicking here. Once you log in to your account, you will be asked to provide your checking or savings account information and can choose any business day within the next 30 days for the contribution to occur.
You may find it easier to reach your education savings goals by establishing a plan that allows you to make automated contributions from your checking or savings account. When you save consistently, your savings add up and you can average the cost of your investments. Establish recurring electronic contributions through Account Access or go to the One-Time or Recurring Electronic Contributions Authorization/Change form to set up a contribution method that is right for you.
Automated payroll contributions are available with employers that allow direct deposit of payroll funds. You can enroll in payroll contributions by logging in to your UESP account online or by completing the Payroll Contribution form. Click here to learn more about payroll contribution.
Payments from bank or credit union electronic bill pay services are accepted. These payments originate from the financial institution and are sent to UESP.
Wire transfers must be initiated by your own financial institution. The UESP Wire Transfer Notification form must be completed in addition to any forms that your financial institution may require.
Account owners can easily mark a special occasion that comes around each year—whether it be a holiday, a birthday, or another special day—with an annual online contribution to a beneficiary’s UESP account. On the appointed day, funds are automatically pulled from the checking or savings account specified. One week before the contribution is scheduled to be pulled, the account owner will receive an e-mail reminding them of the upcoming contribution. Set up special occasion contributions through Account Access.

Give a Gift for the Future

When your family, friends, and neighbors ask what your child wants for his or her birthday or for the holidays, ask them to contribute to your child’s education. Instead of another T-shirt or toy, they can give a gift that lasts a lifetime.

UESP Gift Program

To enroll in the UESP Gift Program, go to Account Access and select Gift Program. The UESP Gift Program is a free service that allows you to invite family and friends to contribute to your UESP account using a unique gift code and link to your personal gift page. Gifts may be made online, or by mail with a paper check.

UESP Gift Notices

If you have the account owner’s information, including his or her account number, and would prefer to send a check by mail to UESP, please visit this page to contribute with a UESP Gift Notice. The bottom portion of the Gift Notice is a certificate you can give to the beneficiary to let him or her know that the contribution has been made. Complete and send the top portion with the contribution to UESP.

Anyone can contribute to a UESP account; however, only the account owner/agent can (1) control how the assets are invested and used, and (2) claim tax benefits related to the account, regardless of who contributed to it.