Contribute

Help grow your CollegeBound 529 by setting up recurring contributions, and utilizing Ugift and Upromise.

Ask friends and family to give the gift of college savings.

Ugift® is a convenient, free-to-use service that lets family and friends contribute to your child's CollegeBound 529 account. There are no registration or service fees for gift givers, and no added paperwork for you.

How does Ugift work?

After you open a CollegeBound 529 account, you will receive a Ugift code specific to your account's beneficiary. You can then share this unique code with family and friends in several ways:

  • Log in to your account and select “Ugift” to send your code via email, Facebook or Twitter.

  • Share your code over the phone or in person.

Once your family and friends have your Ugift code in hand, they can visit Ugift529.com to make a gift contribution.

Print a gift certificate to share the contribution

Set up recurring contributions.

 

If you currently have an account, you can set up contributions online.  Use the chart to see how monthly contributions can add up over time.

Amount saved per month:
Amt/month ($) 5 years 10 years 18 years
25 1737.14 4061.84 9523.99
50 3474.29 8123.67 19047.97
75 5211.43 12185.51 28571.96
100 6948.58 16247.34 38095.94
125 8685.72 20309.18 47619.93
150 10422.87 24371.02 57143.91
175 12160.01 28432.85 66667.9
200 13897.16 32494.69 76191.88

Source: Invesco. Hypothetical examples and estimates of a 6% average annual total return are for illustrative purposes only and are not intended to represent actual performance of any particular investment product or real investor. Your actual return isn't likely to be constant from year to year, and there is no guarantee that a specific rate of return will be achieved.

Shop and save for college

Upromise is a rewards program that believes everyone should have a chance to go to college and pursue his or her dreams. Since 2001, Upromise has helped its members earn millions in cash back for college from eligible purchases you most likely make every day.

Here’s how it works: Join Upromise for free and then do what you normally do—buy groceries, shop online, book travel, dine at restaurants and more—through participating partners. A percentage of your eligible spending will be deposited in your Upromise account. Signing up is fast, easy and secure.

You can easily link your Upromise account with your eligible 529 account and have your college savings automatically transferred into your CollegeBound 529 account.1

Visit Upromise.com for more information and to enroll for free.

1Upromise is an optional service offered by Upromise, Inc., is separate from CollegeBound 529, and is not affiliated with the Program Manager or the State of Rhode Island. Terms and conditions apply to the Upromise service. Participating companies, contribution levels, and terms and conditions are subject to change at any time without notice. Transfers from Upromise to a CollegeBound 529 account are subject to a $25 minimum. Upromise and the Upromise logo are registered service marks of Upromise, Inc.