HARRISBURG— Treasurer Stacy Garrity announced the fourth consecutive fee waiver for families who save with the PA 529 Guaranteed Savings Plan (GSP). The fee waiver covers asset-based fees during the current fiscal year, July 1, 2025, through June 30, 2026, which means that PA 529 GSP account owners will not see any fees on quarterly statements.

“I’m thrilled to be able to again waive fees for Pennsylvania families saving for their child’s education with the PA 529 Guaranteed Savings Plan,” Garrity said. “No matter what career path a child chooses, a PA 529 can help families save and pay for their education and training. Being able to waive fees means more money stays in a family’s account to grow and be there when a child needs it for their post-high school education.”

Since taking office, Garrity has reduced or waived fees for PA 529 accounts multiple times, resulting in more than $22 million in savings for account owners. The fee waiver is funded by PA 529 GSP surplus earnings and uses no taxpayer dollars.

The PA 529 GSP allows families to save at today’s tuition rates to meet tomorrow’s tuition costs. Account earnings are based on college tuition inflation rates, and families can choose the tuition credit rate they wish to save at from community colleges to Ivy League universities.

Many GSP Credit Rates will change after Aug. 31. Making a contribution to a PA 529 GSP before rates change can maximize savings. You can see GSP Credit Rate comparisons here.

Treasury also offers the Morningstar Gold-Rated PA 529 Investment Plan (IP). Earnings and growth for PA 529 IP accounts are dependent upon financial market performance.

PA 529 accounts are designed to help Pennsylvania families steadily and strategically save for a wide variety of qualifying technical, collegiate, apprenticeship and K-12 educational expenses, as well as costs for certain credentialing programs. There are significant state and federal tax benefits when saving with PA 529, and PA 529 assets do not impact eligibility for Pennsylvania state financial aid.

PA 529 accounts can be used to pay for a wide variety of education expenses including tuition, fees, books, supplies, room and board and more.

There are nearly 320,000 PA 529 accounts across both plans, with assets surpassing $8.5 billion.

To learn more about PA 529, visit pa529.com or call (800) 440-4000.