The lasting gift of education

Family and friends can help you save for college by taking advantage of Ugift and Upromise, or by setting up recurring contributions.

Finally, a present they won't outgrow

Make saving for college more convenient with Ugift, a simple way to let family and friends contribute to your child's CollegeBound 529 account.

How Ugift Works:

Open an account

After you open a CollegeBound 529 account, you will receive a Ugift code specific to your account's beneficiary.

Share your code

Share your unique code with family and friends.

Receive contributions

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

A rewards program that matters

Since 2001, Upromise has helped its members earn millions in cash back for college from eligible everyday purchases.

How Upromise Works:

Open an account

Visit for more information and to enroll in the program. Signing up is free, fast, easy, and secure.

Make purchases

Buy what you usually purchase through participating partners, and a percentage of your eligible spending will be deposited in your Upromise account.

Receive contributions

Link your Upromise account with your CollegeBound 529 account and have your education savings automatically transferred.1

Set up recurring contributions

Access your account to set up contributions online.  Use the interactive chart below 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.

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.