Special Benefit for New Jersey Residents

Franklin Templeton 529 College Savings Plan offers a scholarship, up to $1,500, rewarding students who pursue higher education in New Jersey. The participant must make a withdrawal for qualified educational expenses, meet minimum contribution thresholds and have been a participant in the plan for at least four years to qualify.1

ContributionFull Years Account OpenScholarship Amount
$1,200 4 $500
$1,800 6 $750
$2,400 8 $1,000
$3,000 10 $1,250
$3,600 12 $1,500

Please access the Investor Handbook for more information. Use the online Scholarship Request portal to apply. Contact the New Jersey Higher Education Student Assistance Authority (HESAA) at 609-584-4480 with inquiries or issues.