SMART529
West Virginia's College Savings Plan

Thanks to Treasurer John Perdue’s commitment to providing access to education for every West Virginian, more than 100,000 future students nationwide have taken advantage of the SMART529 college savings plan. The SMART529 college savings plan provides an opportunity for every citizen to invest in the future – at every stage of life.

The plan provides an opportunity for all West Virginians to save for their education goals. To this end, the SMART529 college savings plan, administered by The Hartford, is not limited to universities, but also may be used to finance higher education at vocational and technical schools, culinary schools, worker retraining classes, community colleges and many others. SMART529 savings can also be used for other approved educational expenses.

John Perdue places a high premium on education. Since 1997, Perdue has focused on ensuring that every West Virginian can pursue higher education at a price he or she can afford. For more than a decade, Perdue has developed strong partnerships to help West Virginians pay for higher education. During that time he has also created incentives to encourage a commitment to education savings throughout the Mountain State. One such benefit allows you to reduce Federal Adjusted Gross Income by the amount contributed to your SMART529 plan when calculating state taxes. Another is the Bright Babies program where you can receive $100 toward college savings when a new account is opened by your child’s first birthday or gotcha day anniversary.

Start saving for the future – enroll in a SMART529 college-savings plan!

Important information regarding SMART529
Recent changes to federal tax law allow for SMART529 accounts to be used to pay tuition and expenses for children enrolled in K-12 private and religious schools.

MORE INFORMATION

  • Families with children enrolled in grades K – 12 at private and religious schools are eligible.
  • SMART529 accounts can pay for up to $10,000 annually of private and religious school expenses.
  • K – 12 SMART529 distributions can be made from existing or newly opened accounts.
  • Qualified K – 12 SMART529 distributions are tax exempt at the federal level.
  • Requesting a SMART529 K – 12 disbursement is easy – CLICK HERE for a distribution form.

Board Meetings

Meeting dates are determined, set and subject to change by the Board. For more information, click here to visit the Secretary of State Administrative Law Meeting Notices. For agendas, please contact the SMART529 group.

Financial Reports
 Title
Comprehensive Annual Financial Report - 2017
4th Quarter Status Report for 2017
3rd Quarter Status Report for 2017
2nd Quarter Status Report for 2017
1st Quarter Status Report for 2017
Comprehensive Annual Financial Report - 2016
4th Quarter Status Report for FY 2016
3rd Quarter Status Report for FY 2016
2nd Quarter Status Report for FY 2016
1st Quarter Status Report for FY 2016
Comprehensive Annual Financial Report - 2015
4th Quarter Status Report for FY 2015
3rd Quarter Status Report for FY 2015
2nd Quarter Status Report for FY 2015
1st Quarter Status Report for FY 2015
Comprehensive Annual Financial Report - 2014
4th Quarter Status Report for FY 2014
3rd Quarter Status Report for FY 2014
2nd Quarter Status Report for FY 2014
1st Quarter Status Report for FY 2014
Comprehensive Annual Financial Report - 2013
4th Quarter Status Report for FY 2013
3rd Quarter Status Report for FY 2013
2nd Quarter Status Report for FY 2013
1st Quarter Status Report for FY 2013
Comprehensive Annual Financial Report - 2012
4th Quarter Status Report of FY 2012
3rd Quarter Status Report of FY 2012
2nd Quarter Status Report of FY 2012
1st Quarter Status Report of FY 2012
Comprehensive Annual Financial Report - 2011
3rd Quarter Status Report of FY 2011
2nd Quarter Status Report of FY 2011
1st Quarter Status Report of FY 2011
Comprehensive Annual Financial Report - 2010
4th Quarter Status Report of FY 2010
3rd Quarter Status Report of FY 2010
Comprehensive Annual Financial Report - 2009
Comprehensive Annual Financial Report - 2008

 

SMART529 Board

Members of the Board

Ex Officio Members:
Chairman - WV State Treasurer, John D. Perdue
WV Higher Education Policy Commission, Colleges & Universities - Brian Weingart
Secretary of Department of Education and the Arts
WV Higher Education Policy Commission, Community and Technical colleges - Dr. Keith J. Cotroneo


Appointed Members:
Interests of private institutions of higher education - Terri Underhill
Private Citizen (2) - Robert Galloway and Phyllis Arnold
General Public (2) - Chuck Smith and Vacant

 

Contact Information

You may contact the Board of Trustees by writing to:

John D. Perdue, Chairman
WV Prepaid Tuition and Savings Program Board of Trustees
State Treasurer's Office
1900 Kanawha Blvd. E.
Charleston, WV 25305

West Virginia State Treasurer's Office
1900 Kanawha Boulevard
Capitol Complex Building #1, Room E-145
Charleston, West Virginia 25305
304-558-5000 Toll Free: 800-422-7498

Copyright 2018 by West Virginia State Treasurer's Office