Minnesota’s only 529 college savings plan

Since 2002, MNSAVES, Minnesota’s 529 College Savings Plan, has been helping families like yours save for higher education.

Feel good about saving with the Minnesota 529 College Savings Plan

With flexible investment options, compound earnings and tax advantages, it’s no wonder thousands of people save for higher education with the Minnesota 529 College Savings Plan.

Designed for families like yours

MNSAVES is designed and trusted by families like yours.

Helping families save for higher education for more than 22 years

Serving over 126,000 students as of 12/31/231

Minnesota families have redeemed more than $1.48 billion as of 12/31/231

Managed by Minnesota Office of Higher Education

About MNSAVES

The Minnesota 529 College Savings Plan has been making it easier for families to save for higher education expenses since 2002. It takes just $25 and 15 minutes to open a MNSAVES account, and funds saved can be used at universities, colleges, technical colleges and graduate schools nationwide and many abroad. In addition to tuition, funds may be used for certain room and board expenses, books, supplies or other qualified expenses.

For more information, check out the links below:

"A forward-thinking approach implemented by a dedicated 529 team supports a Morningstar Medalist Rating of Silver for the Minnesota College Savings Plan. The sharp state board of investments and low cost add to this plan’s appeal. The straightforward and well-diversified portfolios continue to make this plan compelling."

–Morningstar Analyst Report
2023 Report

Minnesota 529 College Savings Plan managed by TIAA-CREF, Tuition Financing, Inc., a wholly owned subsidiary of TIAA.

TIAA-CREF Tuition Financing, Inc. manages our wide array of 529 investment portfolios.

  • Pioneer in the 529 plan space and proven leader
  • Manages a wide array of 529 investment portfolios
  • Serves families and their more than 1.6 million accounts, helping them save more than $40 billion for college (as of 12/31/2023)1
  • TIAA is a Fortune 500 financial services organization founded in 1918

More to explore

  • Explore our plan

    Learn more about eligibility and all the qualifying expenses a MNSAVES account can cover.

    How our 529 works

  • Contact us

    Have questions about MNSAVES? Need information for your current account? We’re here to help!

    Get in contact

  • Ready to get started?

    Open an Account