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Conference calls & webinars

Scholars Choice Education Savings Plan: Enhancements & resources

Child pretending to fly

Hear from Nuveen’s Margaret Leung and Jeff Eng as they talk about the recent launch of the Scholars Choice Education Savings Plan. They will highlight the top five Plan enhancements and available resources to help grow your 529 savings business.

Scholars Choice Education Savings Plan 
Additional resources:

Scholars Choice logo

Portfolio options
Scholars Choice Enrollment year investment portfolios
Features ten multi-asset target date portfolios named after the beneficiary’s expected year of school enrollment. As the enrollment year approaches, the portfolio will be automatically adjusted by gradually reducing its equity holdings.
Scholars Choice Target allocation portfolios
Four professionally constructed investment portfolios with a fixed level of risk that invest in multiple underlying funds. These may be appropriate for clients who seek diversified static investment solutions or portfolios defined by the concentration of risk assets.
Scholars Choice Individual fund portfolios
To allow for maximum flexibility in customizing your clients’ portfolios, you can also choose to add specific individual investment portfolios to the allocation mix, allowing investors to further refine their risk profile depending on personal financial goals.

*The FAFSA Simplification Act, passed by Congress as part of the Consolidated Appropriations Act of 2021, includes several changes intended to simplify the financial aid application process including a shorter and more user-friendly FAFSA, which is slated to become available in late December 2023. Other provisions include changing the term Expected Family Contribution (EFC) to the Student Aid Index (SAI), as well as new rules for determining federal aid eligibility for the 2024-2025 award year. Visit Studentaid. gov for more information and updates.

The Scholars Choice Education Savings Plan is offered by the State of Colorado. TIAA-CREF Tuition Financing, Inc. is the Plan Manager and Nuveen Securities, LLC is the Distributor.

To establish a selling agreement with Nuveen please contact us here:

There are various risks associated with an investment in the Scholars Choice Education Savings Plan; principal loss is possible.

The Scholars Choice Education Savings Plan’s Investment Portfolios are subject to the risks of the underlying fund(s) in which they invest and other risks, as described in the Plan Description. To obtain a more complete description of the investment policies and risks of the underlying funds, please refer to the current prospectuses for the underlying funds.

The Target Allocation Portfolios are currently comprised of four Investment Portfolios. The Target Allocation Portfolios are designed for account owners who prefer a diversified Investment Portfolio with a fixed risk level rather than a risk level that changes as the Designated Beneficiary ages.

The Enrollment Year Investment Portfolios are intended for Account Owners who prefer an Investment Portfolio with a risk level that becomes increasingly conservative over time as the Designated Beneficiary approaches expected enrollment in an Eligible Educational Institution and/or expected year in which amounts will be withdrawn to pay for Qualified Higher Education Expenses. There are ten target Enrollment Year Investment Portfolios that invest in multiple underlying funds, each of which has a different investment strategy.

Before investing, carefully consider the investment objectives, risks, charges and expenses of the Scholars Choice Education Savings Plan, including whether the investor’s or designated beneficiary’s home state offers any state tax or other benefits that are only available for investment in such state’s qualified tuition program. For this and other information that should be read carefully, please read the Plan Description or request one at 888-5-SCHOLAR (888-572-4652).

Participation in the Scholars Choice Education Savings Plan does not guarantee that the account’s assets will be adequate to cover future tuition or other higher education expenses, or that a designated beneficiary will be admitted to or permitted to continue to attend an institution of higher education. Contributions to an Account and the investment earnings if any, are not guaranteed or insured.

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