Get up to a $100 bonus when you open an MESP 529 account! Click here to learn more.

Any contribution mailed with a postmark of December 31, 2023 or prior will be applied as a 2023 Contribution. Please note, that a contribution will receive the trade date of the date it is received if before 4:00 PM ET on business days.

Give a gift that can last a lifetime and get up to a $100 bonus.*

Open an MESP account between 11/20—12/8/23 and receive up to a $100 bonus!

Plus contribute by 12/29 to maximize your state tax benefit.

Get Started

Why the Michigan Education Savings Program (MESP)?

We offer a wide range of benefits that aim to meet your college savings needs—whatever they are and whenever they happen.

Explore Benefits

Unique tax advantages

100% tax-deferred growth and Michigan taxpayers can reduce their state taxable income by up to $10,000 per year.

Limitations apply.1

Flexible

Families can pay for a range of qualified educational expenses, withdraw money as needed and even transfer funds to eligible beneficiaries.2

Range of
investment options

Investment options to fit your life situation, risk tolerance and savings goals.

Low fees and expenses

MESP is among the lowest-cost 529 plans in the country, which can mean more money for college.3

A history of helping families meet their college savings goals

Established history

Helping Michigan families save for education for more than 20 years.

Trusted by thousands

Managing more than $6.6 billion in assets in more than 299,000 accounts as of 10/31/2022.4

College Savings Leader

More than 20,000 accounts opened yearly.

It takes only 15 minutes and $25 to start saving for college

Step 1

Learn and explore

Learn how the Michigan Education Savings Program works, its benefits and how the funds can be used.

How our 529 plan works

Step 2

Pick an option

Choose investment options that fit your needs and goals.

Investment options

Step 3

Start saving

Open your Michigan Education Savings Program account today and begin contributing to your child’s future.

More resources to explore

  • Schedule an appointment

    Schedule a free consultation with an MESP college savings specialist.

    Schedule now

  • Join a webinar

    Supplement your knowledge by attending a live webinar with an MESP specialist.

    RSVP for a session

  • How a 529 works

    Learn more about the Michigan Education Savings Program eligibility, qualifying expenses and associated fees.

    How our 529 works