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Minnesota’s only 529 college savings plan

Since 2002, MNSAVES, Minnesota’s 529 College Savings Plan, has been helping families like yours save for higher education.

Feel good about saving with the Minnesota 529 College Savings Plan

With flexible investment options, compound earnings and tax advantages, it’s no wonder thousands of people save for higher education with the Minnesota 529 College Savings Plan.

Designed for families like yours

MNSAVES is designed and trusted by families like yours.

Helping families save for higher education for more than 24 years

Serving over 60,000 students as of 9/30/251

Minnesota families have redeemed more than $1.8 billion as of 9/30/251

Managed by Minnesota Office of Higher Education

About MNSAVES

The Minnesota 529 College Savings Plan has been making it easier for families to save for higher education expenses since 2002. It takes just $25 and 15 minutes to open a MNSAVES account, and funds saved can be used at universities, colleges, technical colleges and graduate schools nationwide and many abroad. In addition to tuition, funds may be used for certain room and board expenses, books, supplies or other qualified expenses.

For more information, check out the links below:

"Minnesota's College Savings Plan continues to excel thanks to its thoughtful design, institutional-quality oversight, and ongoing cost reductions."

–Morningstar Analyst Report
2025 Report

Minnesota 529 College Savings Plan managed by TIAA-CREF, Tuition Financing, Inc., a wholly owned subsidiary of TIAA.

TIAA-CREF Tuition Financing, Inc. manages multiple state 529 plans across the country.

  • Pioneer in the 529 plan space and proven leader
  • Our TIAA-managed plans offer a wide array of 529 investment portfolios
  • Serves families and their more than 2.1 million accounts, helping them save more than $70.7 billion for college (as of September 30, 2025)1
  • TIAA is a Fortune 500 financial services organization founded in 1918

More to explore

  • Explore our plan

    Learn more about eligibility and all the qualifying expenses a MNSAVES account can cover.

    How our 529 works

  • Contact us

    Have questions about MNSAVES? Need information for your current account? We’re here to help!

    Get in contact

  • Ready to get started?

    Open an Account