SCHOLARS CHOICE FORMS AND APPLICATIONS
Find and download the appropriate form(s) you need to open and maintain a Scholars Choice® account — the 529 Plan for Education and Beyond.
COVID-19 may negatively impact paper mail delivery. To help ensure timely transactions and communications regarding your account, we encourage you to transact via our secure online website and also elect e-delivery of all documents.
To change your delivery preferences to electronic, log in to your account, select “Profile & Documents” and then “Delivery Preferences.”
Making Paperwork Work
Nobody enjoys filling in forms, however certain information is required to open and maintain your account. We’ve done our best to make them as easy to understand as possible. Please work with your financial professional to complete the forms.
Note that these PDF forms can be filled out directly on your computer.
|Scholars Choice Program Disclosure Statement and Participation Agreement||Scholars Choice College Savings Program program disclosure statement and participation agreement.|
|Scholars Choice Enrollment Form||Use to open a new Scholars Choice 529 Account.|
|Scholars Choice Account Features Form||Use to add, change, or delete Recurring Contributions, Bank Information, Systematic Withdrawal Program (SWP), Dollar Cost Averaging and Systematic Rebalance to a Scholars Choice 529 Account.|
|Scholars Choice Accumulation Privilege/Letter of Intent Form||Use to link Scholars Choice 529 Accounts for purposes of Accumulation Privilege or to establish a Letter of Intent with respect to Class A Units.|
|Scholars Choice Additional Contribution Form||Use to make additional contributions to a Scholars Choice 529 Account.|
|Scholars Choice Agent Authorization/Power of Attorney Form||Use to designate an individual, corporation, or other entity as an Agent with limited or complete authority to act on a Scholars Choice 529 Account.|
|Scholars Choice Beneficiary Change Form||Use this form to change the beneficiary on your Scholars Choice 529 Account.|
|Scholars Choice Broker/Dealer Change Form||Use to authorize the change of the Broker/Dealer or Registered Investment Advisor (RIA) listed on a Scholars Choice 529 Account.|
|Scholars Choice Change of Investment Form||Use to request one of the twice per calendar year Investment Option changes or to change the future contribution allocations on a Scholars Choice 529 Account.|
|Scholars Choice Corporate Authorization Agreement||Use to establish a corporate plan with the Scholars Choice Employer Program.|
|Scholars Choice Incoming Rollover Form||Use to initiate a rollover from another 529 Plan or a Coverdell Education Savings Account (“ESA”) to an existing Scholars Choice 529 Account. (If a Scholars Choice 529 Account has not been established, the Enrollment Form must be completed and enclosed with the Incoming Rollover Form.)|
|Scholars Choice Organization Resolution Form||Use only if an organization is acting as Agent for a Scholars Choice 529 Account.|
|Scholars Choice Payroll Direct Deposit Form||Use to start, change, or stop payroll direct deposit instructions on an existing Scholars Choice 529 Account.|
|Scholars Choice Profile Change Form||Use to change name, address, phone number, email address, Successor Account Owner, Beneficiary Information, or Interested Party Information on a Scholars Choice 529 Account.|
|Scholars Choice Transfer Form||Use to transfer a Scholars Choice 529 Account to a different Account Owner or Beneficiary.|
|Scholars Choice Withdrawal Request Form||Use to request a full or partial qualified withdrawal, non-qualified withdrawal or indirect rollover from a Scholars Choice 529 account.|
Tools and Calculators
All investments involve risk, including loss of principal. Past performance is no guarantee of future results.
IMPORTANT INFORMATION: An investor should consider the Program's investment objectives, risks, charges and expenses before investing. The Program Disclosure Statement and Participation Agreement contains more information and should be read carefully before investing. If an investor and/or an investor's beneficiary are not Colorado taxpayers, they should consider before investing whether their home states offer 529 plans that provide state tax and other benefits benefits such as financial aid, scholarship funds, and protection from creditors that are only available to state taxpayers investing in such plans.
Investments in the Scholars Choice College Savings Program are not insured by the FDIC or any other government agency and are not deposits or other obligations of any depository institution. Investments are not guaranteed by the State of Colorado, CollegeInvest, QS Investors, LLC, Legg Mason Investor Services, LLC, or Franklin Resources, Inc., or its affiliates and are subject to risks, including loss of principal amount invested.
Franklin Resources, Inc., its affiliates, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the “promotion or marketing” of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.
Scholars Choice® is a registered service mark of CollegeInvest. CollegeInvest and the CollegeInvest logo are registered trademarks. Administered and issued by CollegeInvest, State of Colorado. QS Investors, LLC is the Investment Manager and Legg Mason Investor Services, LLC is the primary distributor of interests in the Program; together they serve as Manager of the Program. QS Investors, LLC, ClearBridge Investments, LLC, Brandywine Global Investment Management, LLC, Western Asset Management Company, and Legg Mason Investor Services, LLC are subsidiaries of Franklin Resources, Inc. Such entities became subsidiaries of Franklin Resources, Inc. in connection with Franklin Resources, Inc.’s acquisition of Legg Mason, Inc. in a transaction that closed on July 31, 2020. Templeton Global Advisors Limited, which is part of Franklin Templeton Investments, is also an affiliate of Franklin Resources, Inc. Thornburg Investment Management, Inc. is not affiliated with Franklin Resources, Inc.
Audited financial statements for the Scholars Choice® College Savings Program, including balance sheets, income statements, cash flow statements, and the Management's Discussion and Analysis (MDA), may be viewed at https://www.collegeinvest.org/about-us/financial-statements or a hard copy may be obtained by calling Scholars Choice at 1-888-572-4652.
CollegeInvest -- a division of the Colorado Department of Higher Education, which oversees the Colorado-sponsored 529 college savings programs -- has decided to retain TIAA-CREF Tuition Financing, Inc. (“TFI”) as the successor program manager for Scholars Choice. TFI intends to utilize funds managed by Nuveen, an investment manager affiliate of TFI, in managing Scholars Choice portfolios. Legg Mason, through its subsidiaries QS Investors, LLC and Legg Mason Investor Services, LLC, will work with TFI to transfer program assets, records, and management responsibilities while continuing to provide services under the terms of the services agreement on a transition basis, until such time as the transfer is completed. The goal of the parties is to complete the transfer in or about June 2021.