For more information about North Carolina's National College Savings Program, please review the complete Program Description and Enrollment Agreement available on this website or contact 800-600-3453 to request an enrollment kit that includes both. Before opening an Account, or contributing funds to an existing Account, you should carefully read and consider the Program Description, which includes information on investment objectives, risks, charges, expenses, and other important information.

If you are a North Carolina taxpayer, you may be eligible for a state income tax deduction. Deduction Details

If you are not a North Carolina taxpayer, you should consider before investing whether your or the beneficiary's home state offers a qualified tuition program that provides its taxpayers with favorable state tax and other benefits that may only be available through investment in the home state's qualified tuition program. You also should consult your financial, tax, or other adviser to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state's qualified tuition program(s), or any other qualified tuition program, to learn more about those plans' features, benefits and limitations. Keep in mind that state-based benefits should be one of many factors to be appropriately weighed when making an investment decision.

The features of a qualified tuition program are complex and involve significant tax issues. The earnings portion of withdrawals not used for qualified higher education expenses are subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes. The availability of tax benefits may be contingent on meeting other requirements.