Utah Educational Savings Plan

Plan Benefits

Simple & Easy

Opening and contributing to a Utah Educational Savings Plan (UESP) account is simple and easy. There are

no enrollment fees
no minimum deposit requirements
no on-going contribution requirements
no disbursement fees

Open an account and contribute what you can, when you can. UESP is designed to meet any family’s budget.

Online Account Access
To view your account details online, simply establish a user name and password to be used for future access. Once you are registered, you can return to your secure, online account to view your information, quarterly statements, and account activity. Use caution and do not give your online account access information to any unauthorized individuals. To access your investment account or establish Account Access, click here.

Contribution Methods
Paying for college can be difficult. So UESP offers a range of options to make it easy for you to save and contribute to your college savings account. Contributions can be made by

Check: Checks should be made payable, 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.
Online: Online from this Web site. Click here to make an online contribution.
Automatic Clearinghouse (ACH): Automated contributions can be set up from your checking or savings account as a one-time lump sum or as an ongoing, regularly scheduled contribution. ACH can be requested by completing and submitting the Establish or Change Automated Contribution form.
Wire Transfer: Wire transfers must be initiated by your own financial institution. The UESP Wire Transfer Authorization form must be completed in addition to any forms that your financial institution may require.
Payroll Deduction: Payroll deduction is available only through participating employers. Contact UESP to see if your employer is participating.

Investment Options
Not everyone’s educational savings needs are alike. Your children may already be in grade school or even high school. You may be comfortable with a little more risk to potentially gain a higher rate of return, or want to stick with a more conservative plan. That’s why we designed a variety of choices for you.

UESP offers ten investment options, each with different risk tolerances, include one no-fee option for Utah residents. The other nine options are invested in mutual funds managed by the Vanguard Group®, one of the nation’s largest mutual fund management companies.¹ Click here to see a list of investment options.

1 As of April 30, 2008, The Vanguard Group® manages over $1.32 Trillion in 192 mutual funds.

Investors should read the Program Description and consider all investment objectives, risks, charges, and expenses before investing. The Program Description is available for download on the Web or a hard copy can be mailed to you by requesting it online from this Web site.

Investments are not guaranteed by UESP, the Utah State Board of Regents, the UHEAA, the FDIC, or any other state or federal government agency. Your investment may lose value.

Investors who are not Utah taxpayers should determine whether the state in which they or their beneficiary reside or pay taxes offers a 529 plan, and if so, whether that plan offers state tax or other benefits not available through UESP.

"Generally speaking, it's still Utah - which is one of the reasons that it is perenially on top of our list of the best 529 plans."

Morningstar, Inc.
Independent Investment Research
May 10, 2007