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- Financial Aid Calculator
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- Loan Refinance Calculator
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529 Plan Ratings
To view the ratings breakdown by category, click on the plan name. We assign a rating to each state-sponsored program ranging from one cap (least attractive) to five caps (most attractive). The 5-Cap Rating represents our opinion of the overall usefulness of a state's 529 plan based on many considerations.
The 5-Cap Rating is not a measure of historical returns and it is not a predictor of future investment performance, level of investment risk, or financial solvency of the program funds. For more information on the criteria used in assigning a 5-Cap Rating, click here.
Updated as of May 12, 2023 based on data as of December 31, 2022
Alabama
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Alaska
5 / 5
Resident Rating
5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
Arizona
FDIC-Insured or Stable Value Plan
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Arkansas
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
California
5 / 5
Resident Rating
5 / 5
Non-Resident Rating
Colorado
FDIC-Insured or Stable Value Plan
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4 / 5
Non-Resident Rating
FDIC-Insured or Stable Value Plan
Connecticut
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Delaware
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
District of Columbia
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Florida
Prepaid Plan
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Georgia
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Hawaii
3.5 / 5
Resident Rating
3.5 / 5
Non-Resident Rating
Idaho
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
Illinois
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Indiana
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
FDIC-Insured or Stable Value Plan
Iowa
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
4 / 5
Resident Rating
3.5 / 5
Non-Resident Rating
Kansas
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Kentucky
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Louisiana
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Maine
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Maryland
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Massachusetts
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Prepaid Plan
Michigan
Prepaid Plan
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Minnesota
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Mississippi
3.5 / 5
Resident Rating
3 / 5
Non-Resident Rating
Missouri
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Montana
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
Nebraska
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Nevada
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Prepaid Plan
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
New Hampshire
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
New Jersey
5 / 5
Resident Rating
4 / 5
Non-Resident Rating
5 / 5
Resident Rating
4 / 5
Non-Resident Rating
New Mexico
5 / 5
Resident Rating
5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
New York
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4 / 5
Resident Rating
3.5 / 5
Non-Resident Rating
North Carolina
4 / 5
Resident Rating
3.5 / 5
Non-Resident Rating
North Dakota
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Ohio
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Oklahoma
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Oregon
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Other
Prepaid Plan
Pennsylvania
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Rhode Island
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
South Carolina
5 / 5
Resident Rating
5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
South Dakota
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
3.5 / 5
Resident Rating
3.5 / 5
Non-Resident Rating
Tennessee
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Texas
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
Prepaid Plan
Utah
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Vermont
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Virginia
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Washington
Prepaid Plan
5 / 5
Resident Rating
4 / 5
Non-Resident Rating
West Virginia
Prepaid Plan
5 / 5
Resident Rating
5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Wisconsin
5 / 5
Resident Rating
5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
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Saving For College is an unbiased, independent resource for parents and financial professionals, providing them with information and tools to understand the benefits of 529 college savings plans and how to meet the challenge of increasing college costs.
