Future Scholar is South Carolina’s 529 education savings plan, designed to help families save for future education expenses while taking advantage of valuable tax benefits.

Future Scholar gives families a flexible way to save for a variety of education paths, including costs associated with enrollment at eligible K-12 schools, colleges and universities, community colleges, technical schools, apprenticeship programs and more.

Benefits of Future Scholar

• South Carolina tax benefits: South Carolina taxpayers can deduct 100% of Future Scholar contributions on their state income tax return.
• Tax-free growth: Earnings grow tax-free when used for qualified education expenses.
• Flexible use:  Whether your child attends a technical school, four-year college, graduate school, receives a scholarship or decides not to attend college, Future Scholar offers flexibility to meet your changing needs.
• Anyone can contribute: Parents, grandparents, family members and friends can contribute to a Future Scholar account.
• Use it nationwide: Future Scholar savings can be used at eligible educational institutions across the country and internationally.

Frequently Asked Questions

What is Future Scholar?
Future Scholar is South Carolina’s 529 education savings plan, offering families a tax-advantaged way to save for future education expenses.

Can Future Scholar only be used for college?
No. In addition to college, Future Scholar funds can be used for qualified expenses at technical schools, K-12 education, professional certificate and licensure programs, apprenticeships and much more.

Who can contribute to a Future Scholar account?
Future Scholar’s gifting platform allows anyone to easily contribute. Whether you’re a parent, grandparent, or family friend, there’s no better gift than the gift of a brighter tomorrow!

Whether education is a few years away or well into the future, saving today can help you prepare. Learn more about Future Scholar and start saving at FutureScholar.com.