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What is Raise Education?

Raise Education combines 529 plans and crowdfunding to accelerate saving for education.

Jack McCann avatar
Written by Jack McCann
Updated over 3 weeks ago

Raise Education is a platform designed to make saving for education simpler, more flexible, and collaborative. By combining the tax advantages of a traditional 529 savings plan with the power of crowdfunding, Raise Education helps families, friends, and communities come together to invest in education — creating a shared path toward brighter futures.

How does Raise Education work?

  1. Create a Raise Education Account: Open a Raise Education account in minutes and set up a 529 plan through our trusted partner, My529.

  2. Invite Friends and Family: Use your scholar profile to invite friends and family to contribute.

  3. Save and Grow Your Funds: Contributions are pooled into a 529 plan, where they grow tax-free when used for qualified education expenses.

  4. Use Your Funds: Withdraw funds as needed for tuition, books, private school, graduate programs, and more.

Why choose Raise Education?

  • Crowdfunding for Education: Turn birthdays, holidays, baby showers, and milestones into opportunities to grow your education fund.

  • Flexibility in Use: Funds can be used for various educational needs, not just college.

  • Tax Advantages: Enjoy the benefits of tax-free growth for qualified expenses.

  • Transparency and Ease of Use: Manage your account and contributions through a simple, intuitive platform.

Raise Education is ideal for:

  • Parents saving for their children’s education: From private school to college, trade school, or graduate studies.

  • Adult learners saving for themselves: Flexible for those returning to school.

  • Supporters: Family, friends, and others who want to contribute to a scholar’s future.

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