What is SoarMA?
SoarMA is a new program to help families of seventh graders invest in their child’s higher education through a 529 college savings plan.
If you start saving when your child is in Kindergarten
Child’s grade in school
With a monthly savings of $15
Dollars saved per month
Your child’s college savings at age 18 could be1
Your total contribution
If you haven’t yet opened your U.Fund 529 account to start saving for college, you can do so easily right online. And if you already have an account, log in to to set up automatic monthly deposits or to increase your regular savings contribution.
1This calculator assumes consistent monthly saving until the child is 18 and an annual investment return of 7%. This calculator is meant to be an estimate of savings and is not guaranteed nor intended to predict or project the investment performance of any security. Market conditions may change at any time. Speak to your financial advisor about the best savings option for your family.
SoarMA provides eligible seventh graders with an initial $50 Deposit for their 529 college savings account.
After enrollment, and for up to 365 days after 7th grade student’s account is opened, the SoarMA program will match up to an additional $400 of savings provided by others into the student’s 529 college savings account. Match funding will be provided in increments of $100.
Low and moderate income children with college savings are 3x more likely to attend college and 4x more likely to graduate college*
* Assets and Education Initiative. (2013). Building Expectations, Delivering Results: Asset-Based Financial Aid and the Future of Higher Education. In W. Elliott (Ed.), Biannual report on the assets and education eld. Lawrence, KS: Assets and Education Initiative (AEDI).
Your family can join Learning Circles offered by Inversant, Inc. and receive financial education and coaching to minimize the burden of college costs.
Enrollment is open
Sign up online
Get started now.