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

 

  • K
  • 1st
  • 2nd
  • 3rd
  • 4th
  • 5th
  • 6th
  • 7th
  • 8th
  • 9th
  • 10th
  • 11th
  • 12th

Child’s grade in school

With a monthly savings of $15

 

  • 15
  • 45
  • 75
  • 105
  • 135
  • 165
  • 200

Dollars saved per month

Your child’s college savings at age 18 could be1

$13,000

$0

Your total contribution

$0

Interest earned

 

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.

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.

SoarMA is in partnership with: