Another Way to Save: Crowdfunding
Crowdfunding has become popular for a variety of expenses. Parents are recognizing that small amounts from lots of people have the potential to grow over time.
Family members and friends may already be giving money for holidays, birthdays and other milestones. But when you add up these gifts, you’ve got another tool to save for college.
What if you replaced a portion of your usual gift amount with contributions toward college savings? And what if your friends and family did the same?
An Easy Way to Crowdfund Your 529 Account
Through the Learning Quest® 529 Education Savings Program , it’s easier than ever to set up a crowdfunding page specifically for your child’s college journey.
Invite family and friends to a personalized online gifting page where they can give money straight from their bank account to a Learning Quest account. And best of all, there are no fees for this gifting service.
Set Up a Gifting Page
- Log in to your Learning Quest 529 account and click on the Ugift® link. Don’t have a Learning Quest account? Click here to learn more about the benefits of 529 plans.
- Set a saving goal for an upcoming occasion: birthday, holiday, graduation or other milestone.
- Add a description of your goal, a photo and choose an end date. The page will count down the days left to send a gift for your chosen occasion.
- Only someone with the link to your gifting page will be able to see it. As the account owner, you decide who gets the link.