RI's CollegeBound Plan Ranked Among Best in Country
GoLocalProv Business Team
RI's CollegeBound Plan Ranked Among Best in Country
According to Savingforcollege.com, CollegeBound received five out of five in its “5-Cap” rating system for Rhode Island residents.
"The cost of college is out of control and too many Rhode Islanders are having to take on student loan debt that they will be paying off for decades. Our office made Rhode Island's 529 program easy and affordable for Rhode Island residents and it's great to see it recognized as one of the best 529 plans in the country,” said Treasurer Seth Magaziner, whose office administers CollegeBound.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTRhode Island is one of only 12 states whose self-directed 529 plans scored five out of five, and one of only six states whose financial advisor distributed plans received top marks.
Each 529 plan is evaluated according to Performance, Costs, Features, and Reliability. Scores are assigned to each of these factors.
In addition, a Resident Upgrade score reflects any special benefits offered to residents of the plan's sponsoring state, such as state income tax deductions and tax credits.
Ratings for advisor-sold plans assume that the higher cost structure is justified by the professional advice, due diligence and time savings a financial advisor can provide.
New England College Rankings - U.S. News & World Report 2019
2.
Harvard University
Tuition & Fees: $50,420 (2018-19)
Room And Board: $17,160 (2018-19)
Total Enrollment: 20,604
Application Deadline: Jan. 1
3.
Massachusetts Institute of Technology (tie)
Tuition & Fees: $51,832 (2018-19)
Room And Board: $15,510 (2018-19)
Total Enrollment: 11,466
Application Deadline: Jan. 1
3.
Yale University (tie)
Tuition & Fees: $53,430 (2018-19)
Room And Board: $16,000 (2018-19)
Total Enrollment: 12,974
Application Deadline: Jan. 1
12.
Dartmouth College (tie)
Tuition & Fees: $55,035 (2018-19)
Room And Board: $15,756 (2018-19)
Total Enrollment: 6,509
Application Deadline: Jan. 1
14.
Brown University (tie)
Tuition & Fees: $55,656 (2018-19)
Room And Board: $14,670 (2018-19)
Total Enrollment: 10,095
Application Deadline: Jan. 1
27.
Tufts University (tie)
Tuition & Fees: $56,382 (2018-19)
Room And Board: $14,560 (2018-19)
Total Enrollment: 11,449
Application Deadline: Jan. 1
35.
Brandeis University (tie)
Tuition & Fees: $55,395 (2018-19)
Room And Board: $15,440 (2018-19)
Total Enrollment: 5,722
Application Deadline: Jan. 1
38.
Boston College (tie)
Tuition & Fees: $55,464 (2018-19)
Room And Board: $14,478 (2018-19)
Total Enrollment: 13,996
Application Deadline: Jan. 1
42.
Boston University (tie)
Tuition & Fees: $53,948 (2018-19)
Room And Board: $15,720 (2018-19)
Total Enrollment: 33,355
Application Deadline: Jan. 2
44.
Northeastern University (tie)
Tuition & Fees: $51,387 (2018-19)
Room And Board: $16,880 (2018-19)
Total Enrollment: 21,489
Application Deadline: Jan. 1
59.
Worcester Polytechnic Institute (tie)
Tuition & Fees: $50,530 (2018-19)
Room And Board: $14,774 (2018-19)
Total Enrollment: 6,642
Application Deadline: Feb 1
63.
University of Connecticut (tie)
Tuition & Fees: $15,730 (2018-19)
Out of State Tuition: $38,098 (2018-19)
Room And Board: $12,874 (2018-19)
Total Enrollment: 27,578
Application Deadline: Jan. 15
66.
Clark University (tie)
Tuition & Fees: $45,730 (2018-19)
Room And Board: $9,170 (2018-19)
Total Enrollment: 3,153
Application Deadline: Jan. 15
70.
University of Massachusetts Amherst (tie)
Tuition & Fees: $15,887 (2018-19)
Out Of State Tuition: $34,570 (2018-19)
Room And Board: $13,202 (2018-19)
Total Enrollment: 30,340
Application Deadline: Jan. 15
96.
University of Vermont (tie)
Tuition & Fees: $18,276 (2018-19)
Out of State Tuition: $42,516 (2018-19)
Room And Board: $12,462 (2018-19)
Total Enrollment: 13,340
Application Deadline: Jan. 15
