If you’re interested in knowing what’s going on in college planning and preparation, sign up for the monthly Your KHEAA College Connection. We’ll email you a link to the latest edition of this electronic newsletter each month.

You’ll find stories about planning, preparing and paying for college for students of all ages, as well as general education news that you can use. Check out the latest edition to see what it’s like.

Paying for College

Kentucky Education Savings Plan Trust

The Kentucky Education Savings Plan Trust (KESPT), also called "KY Saves 529," is Kentucky’s 529 college savings plan, helping families save for higher education. A Trust account can be opened for a beneficiary of any age. Earnings are exempt from Kentucky taxes and any withdrawal used for qualified college expenses will be free of federal income taxes. Deposits can be as little as $25 (or $15 if made through payroll deduction), and the Trust offers competitive savings rates. The method, schedule and amount of contributions are determined by the account owner.

For more information, call toll free 1-877-KY TRUST (1-877-598-7878) or visit www.kysaves.com.