Make a Contribution
Making a contribution to your NextGen 529 account is easy. There’s no minimum amount and best of all, there are several ways to contribute—online, by mailing a check or setting up automated contributions. Read on to find the best option for you.
CONTRIBUTE TODAY
Ways to Make a Contribution
Build a habit of saving by regularly adding to your NextGen 529 account. Here are three ways to contribute.
CONTRIBUTE ONLINE
Make a one-time contribution or schedule recurring contributions from your checking or savings account.
SET UP AUTOMATED CONTRIBUTIONS
Set up automatic contributions from your payroll or bank account.
MAIL A CHECK
Get a contribution coupon and mail a check to NextGen 529, P.O. Box 534457, Pittsburgh, PA 15253-4457.
Earn Cash Back Rewards Toward Your NextGen 529 Account!
Upromise is a free and easy way to add to your college savings. Earn cash back rewards through everyday activities like online shopping, dining, and grocery shopping. And when you link your NextGen 529 account to Upromise, rewards are automatically transferred when you reach $50 in Upromise rewards!
How to Transfer/ Roll Over Funds
Have another account you’d like to use to fund your NextGen 529? You can roll over existing funds from another state’s 529 plan, a Coverdell Education Savings account, custodial accounts, or U.S. savings bonds into your NextGen 529 account.
Give a Gift
NextGen 529 contributions make fantastic holiday, birthday, or “just because” gifts. Grandparents, other family, or friends can all give to your account.
GRANTS FOR MAINE RESIDENTS
It’s Good to Be a Mainer
There’s grant money available for Maine residents. These grant programs can really boost your savings.1
$500 Alfond Grant for Maine Babies
$100 Initial Matching Grant
$100 Automated Funding Grant
30% NextStep Matching Grant
1Grants for Maine Residents are linked to eligible Maine accounts. An Alfond Grant recipient is eligible to receive the $100 Initial Matching Grant if the minimum required initial contribution is made before the beneficiary’s first birthday. Upon withdrawal, grants are paid only to institutions of higher education. See Terms and Conditions of Maine Grant Programs for other conditions and restrictions that apply. Grants may lose value.
2The Alfond Grant is not automatic in all circumstances and is also available in limited other circumstances. The use of the Alfond Grant is also subject to certain restrictions – see Alfond Grant Guidelines.
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