how it works

How It Works

Apply for a matching grant.
Open and fund a new ScholarShare 529 account.
Make contributions to your new account through December 31, 2022.
At the end of the contribution year, receive dollar-for-dollar matching contributions up to $200 into your account from ScholarShare 529!

At the end of the promotion, continue to add to the account regularly, then use that money at any state or private college, technical school or community college that offers financial aid - even outside the U.S.

What You Get
A matching offer
A dollar-for-dollar match on contributions up to $200.
Additional dollars
Establish a monthly recurring contribution plan of $25 or more at the time the account is opened and receive another $25.
Do You Qualify?
To be eligible, you must be a resident of California.
Open an account for a beneficiary who will be 14 years or younger on 12/31/2022. The beneficiary cannot have an existing ScholarShare 529 account.
Be the parent or legal guardian of the beneficiary.
Have a household annual adjusted gross income of $75,000 or less.
Have a Social Security Number or a federal tax identification number. Your beneficiary must as well.


For additional information about eligibility, please visit the Terms & Conditions.

Program will end on 12/31/22.


ScholarShare 529 Matching Grant Program