Questions & Answers

What contributions to the South Carolina Tuition Prepayment Program or South Carolina College Investment Program may be deducted?

The South Carolina College Investment Program ("Future Scholar") is South Carolina's 529 College Savings Plan that helps you save for your child's future college education. A Future Scholar account can help you grow your savings more efficiently by offering tax advantages, investment options, and flexibility.

You may deduct 100% of any contributions made to the South Carolina College Investment Program ("Future Scholar") made between January 1, 2020 and April 15, 2021.

The South Carolina Tuition Prepayment Program allows for families to pay in advance for the tuition expenses of a child's college education at any of South Carolina's public colleges and universities.

You may also deduct 100% of any contributions made to the South Carolina Tuition Prepayment Program made between January 1, 2020 and December 31, 2020.

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