College SAVE and Bank of North Dakota are proud to offer several match programs to ensure North Dakota families are well equipped for the most important moments in their children’s lives. There’s no better time to begin your savings journey!
If you're a North Dakota resident, remember you could potentially qualify for all three of these amazing matches! Read on for additional details on each of our programs1:
$200 New Baby Match
If you have a newborn (up to 12 months old) residing in North Dakota the New Baby Match is a great option for your family. The $200 match has no income restrictions, can be applied for by any family member (one match per child) and you have 12 months to make your contributions. We’re happy to offer a step-by-step guide for your review.
Learn More$100 Kindergarten Kickoff Match
If your child is entering kindergarten in North Dakota and you contribute $100 into a new or existing College SAVE account, the Bank of North Dakota will match it dollar for dollar. Your total $100 contribution will need to be received within 12 months of applying for the Match (and before the child turns 7 years old) in order to be eligible. Learn more about the program requirements.
Learn More$300 BND Match
Our BND Match program is offered to North Dakota account owners who meet certain income criteria. Your beneficiary must be 15 years old or younger at the time you apply for the match program (children living out of state are eligible for the BND Match). If your most recent adjusted gross income was $0-$150,000, if married filing jointly, or $0-$100,000, if single, you may be eligible for a one-time match of $300.
Learn More1The BND Match, Kindergarten Kickoff Match, and New Baby Match are subject to the availability of funds and can be modified, reduced or stopped at the discretion of Bank of North Dakota.
Ascensus Broker Dealer Services is the distributor of the North Dakota College SAVE plan, Learn more about Ascensus Broker Dealer Services, LLC on FINRA's BrokerCheck.
For more information about North Dakota's College SAVE Plan (College SAVE), call 1-866-SAVE-529 (1-866-728-3529) or click here to obtain a Plan Disclosure Statement. Investment objectives, risks, charges, expenses, and other important information are included in the Plan Disclosure Statement; read and consider it carefully before investing. Ascensus Broker Dealer Services, LLC (ABD) is Distributor of the College Save.
Please Note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. You should also consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state’s 529 college savings plan(s), or any other 529 plan, to learn more about those plans’ features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.
College SAVE is a 529 plan established by the State of North Dakota. Bank of North Dakota (Bank) acts as trustee of College SAVE Trust, a North Dakota Trust, and is responsible for administering College SAVE Trust and College SAVE. ABD, the Plan Manager, and its affiliates, have overall responsibility for the day-to-day operations of the Plan, including recordkeeping and marketing. The Vanguard Group, Inc. (Vanguard) provides underlying investments for the Plan. The College SAVE's Portfolios, although they invest in mutual funds, are not mutual funds. Units of the Portfolios are municipal securities and the value of units will vary with market conditions.
Investment returns are not guaranteed and you could lose money by investing in College SAVE. Participants assume all investment risks, including the potential for loss of principal, as well as responsibility for any federal and state consequences.
Not FDIC Insured. No Bank, State or Federal Guarantee. May Lose Value.
Vanguard and the ship logo are trademarks of The Vanguard Group, Inc. Upromise is a registered service mark of Upromise, Inc. All other marks are the exclusive property of their respective owners. Used with permission.
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