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Low Cost

With CHET, there are no sales charges, start-up or maintenance fees. TIAA-CREF, Tuition Financing, Inc. is paid an annual asset-based management fee to cover the cost of investment management, administrative services, the state fee plus the specific fees for the underlying mutual funds. TFI is an affiliate of TIAA-CREF Individual & Institutional Services, LLC, the distributor for CHET. For each Investment Option (with the exception of the Principal Plus Interest Option) the total of these fees will not exceed 0.65% of the average daily net assets of the trust.

The Treasurer of the state of Connecticut, acting as Trustee for CHET, collects a state fee of 0.01% of the average daily net assets of the Trust annually to pay for expenses related to the oversight of the Trust. This state fee applies each Investment Option (with the exception of the Principal Plus Interest Option). See fee table and sample investment cost. Please note, however, that the State reserves the right to change the current fee and impose new or additional fees, expenses, charges, or penalties in the future.

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helpful hints

Read more about CHET's features:

Investment Options

Investment Performance

Learn why it's so important to start now.

Don't forget you can set up an Automatic Contribution Plan (PDF, 157KB) or use Payroll Deduction (PDF, 45KB) for your contributions (if offered by your employer). If you are a State of Connecticut employee, use the Connecticut State Employee Payroll Deduction form (PDF, 75KB).

Learn how to transfer funds from another 529 College Savings Plan

Check out our FAQ and read the CHET Disclosure Booklet and Participation Agreement (PDF, 2,144KB).

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The tax information contained on the Connecticut Higher Education Trust (the Plan) Web site is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding tax penalties that may be imposed on the taxpayer. It was written to support the promotion of the products and services addressed in the Web site. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.

The Plan is administered by the Connecticut State Treasury. TIAA-CREF Tuition Financing, Inc. (TFI) serves as Program Manager. TFI's affiliate, TIAA-CREF Individual & Institutional Services, LLC, is the distributor.

The investment approaches described are not recommendations and do not take into consideration personal goals or preferences. After evaluating information you consider important in making an investment choice, the ultimate decision is up to you. It is a good idea to revisit your investment strategy periodically as your goals, personal financial situation, and market conditions change.

Consider the investment objectives, risks, charges and expenses before investing in the Plan. Please call toll-free 1-888-799-2438 for a Disclosure Booklet containing this information. Read it carefully.

Before investing in a 529 plan, you should consider whether the state you or your designated beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits that are only available if you invest in that state's 529 plan.

The State of Connecticut, its agencies, TIAA-CREF Tuition Financing, Inc., Teachers Insurance and Annuity Association of America and its affiliates do not insure any account or guarantee its principal or investment return. Account value will fluctuate based upon a number of factors, including general market conditions.

The Plan Web site is for informational purposes only, and does not constitute an offer to sell or solicitation of an offer to buy any security that may be referenced on the site. Such offer or solicitation can be made only through the Disclosure Booklet.

The Plan Web site contains links to other Web sites. Neither the Plan Trust nor TFI and its affiliates are responsible for the content of those other Web sites. The accuracy of information on those sites cannot be confirmed.