Enrollment Materials

It's easy to open an account with the Connecticut Higher Education Trust (CHET).  The minimum contribution is $25 through check, electronic funds transfer, automatic contribution plan from your bank account, or through a transfer of funds from another state's qualified tuition program.  The minimum contribution is $15 (per Investment Option, per Beneficiary) if ongoing contributions are made by payroll deduction.

You are permitted to transfer funds from another 529 college savings plan to an account in CHET for the same beneficiary once within a 12-month period without incurring federal income tax. The 529 college savings plan from which you are transferring funds may be subject to differences in features, costs and surrender charges. You should consult with your tax advisor or the other 529 college savings plan. State and local taxes may apply.

To open an Account and begin making contributions:

1. Carefully read the CHET Disclosure Booklet and Participation Agreement (PDF, 2,144KB).
2. Select the investment option or mix of options that is right for you. You can invest by check, electronic funds transfer, automatic contribution plan, payroll deduction, or a transfer of funds from another state's qualified tuition program.
3. Complete and sign the Account Application.  Select from the list below:
   
   Individual Account Use this form to open a CHET Account by an individual (typically a parent, grandparent, family member or friend).
   
   Custodial Account for a Minor (UGMA/UTMA) Use this form to open an Account under the Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA).  Unlike other types of accounts, a custodial account owner is acting purely in a representative capacity for the minor beneficiary, who is the legal owner of the account.  Please read the Important Information about Custodial Accounts, contained in the Account Application for a Custodial Account, before opening this type of account.  You should also be aware that funds deposited into this type of account cannot be transferred or rolled over to another account owner or beneficiary.
   
   Entity Account Use this form to open an Account for a trust, estate, business entity, IRC 501(c)(3) organization, or a state/local government.
4. Enclose a check, made payable to the Connecticut Higher Education Trust if you are making your contribution by check. Contributions are only permitted by personal checks, money orders, bank drafts, teller's checks and checks issued by a financial institution or brokerage account payable to the Account Owner and endorsed over to the Program by the Account Owner, and third-party personal checks up to $10,000 endorsed over to the Program by the Account Owner.
5. Return your completed and signed Account Application and your initial contribution if you are making it by check, or your completed payroll deduction form.  (Please submit the appropriate payroll deduction form along with your Account Application.  Choose either the Connecticut State Employees Automatic Payroll Deduction Authorization (PDF, 53 KB) form or the Authorization for Automatic Payroll Deduction (PDF, 52 KB) form.)  Mail all completed documentation to:
   
   CHET
   PO Box 150499
   Hartford, CT 06115-0499

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