Designed to meet the future cost of college

For 26 years, the CollegeSure CD has been a college savings staple - helping families fund higher education.

CollegeSure® CD

The CollegeSure CD is a variable rate certificate of deposit offered with an annual percentage yield tied to the rise in college costs as measured by the College Board's Independent College 500® Index (IC 500®).

On July 31, 2012, college inflation, as measured by the IC 500 was 4.25%. For the past 10-years, college inflation has risen twice as fast as general inflation.

The CollegeSure CDs are:

  • issued exclusively by College Savings Bank.
  • FDIC-insured to at least $250,000 per depositor.
  • offered with all of the features and tax benefits of a 529 Plan, IRA or ESA.
  • tax-deductible for Montana and Arizona residents through our 529 Plans as well as residents of Maine, Kansas, Pennsylvania and Missouri.
  • affordable with multiple deposit options.
  • free of enrollment fees or other management charges.

View the CollegeSure CD Pricing webpage to see issue margins and interest rate caps, effective March 28, 2011.

CollegeSure CDs are offered with the flexibility of 1 to 22 year maturities. They are also affordable with with multiple deposit options, including mail deposits of as little as $250. Direct Deposits from your bank or brokerage account as low as $25 a month and Payroll Direct Deposits are as little as $25 a pay period.

5-Year Increase in College Costs*
Year Private Private Tuition Only Public Public Tuition Only Ivy League
2008/09 $37,208 $28,043 $16,465 $7,290 $46,504
2009/10 $38,799 $29,247 $17,137 $7,596 $48,510
2010/11 $40,408 $30,404 $18,184 $8,055 $50,608
2011/12 $42,168 $31,851 $20,114 $8,982 $52,626
2012/13 $43,960 $33,216 $21,452 $9,627 $54,825

*Private College Cost based on IC500 published by the College Board. Public College Costs based on the Digest of Education Statistics produced by the US Department of Education.

CollegeSure CDs pay interest annually on July 31st each year they remain outstanding. The interest rate is equal to the prior year’s college inflation rate as measured by the IC 500 change less an issue margin, and is subject to a maximum interest rate which is equal to the first year’s interest rate plus an interest rate cap. The interest rate on the CollegeSure CD is reset annually on July 31 based on the change in the IC 500. The issue margin and the interest rate cap are determined on the contribution date.

For the past thirty-one years, the annual college inflation rate has ranged from a low of 4.15% to a high of 14.35%. For the last ten years, the college inflation rate has averaged more than 5.00% a year.

For more information, view the CollegeSure CD Terms and Conditions.

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