The CHET Baby Scholars program provides up to $250 toward a newborn's future college costs.
How does it work?
Once you open your account and enroll in CHET Baby Scholars, CHET will automatically deposit $100 into your account.
If the account is opened with $150 (or more) the full $250 match will be triggered. If you open your account with less than $150, your account will be reviewed on a quarterly basis. Once at least $150 in additional contributions is received into the account and before the child turns four, an additional $150 match will be triggered. Any earnings growth will not be counted toward the $150; the full $150 must be actual contributions.