Charles County Public Schools will host a College Savings Plans of Maryland workshop next month to inform elementary and middle school parents of opportunities to prepare for their child’s college expenses.
The workshop is from 7 to 8 p.m., Tuesday, March 3, at Berry Elementary School in Waldorf. The session will cover two college savings plans being offered by the Maryland Savings Plan: The Maryland Prepaid College Trust plan and the Maryland College Investment Plan.
The Maryland Prepaid College Trust Plan offers tuition plans and payment options for parents to save money for future use at any Maryland public college or an eligible private or out-of-state college or graduate program. The trust plan also has state and federal tax benefits and is backed by a Maryland Legislative Guarantee.
The Maryland College Investment Plan offers 13 investment portfolio options for parents, ranging from aggressive to conservative investment strategies, which are managed by T. Rowe Price. The funds can be used at nearly any public, private or technical college nationwide and Any portfolio earnings are state and federal tax free when used toward college expenses.
Visit www.collegesavingsmd.org or call 1-888-4MD-GRAD for more information.