FAQs
- Account management
- Banking information
- Contributions and withdrawals
- Electronic payments
- Fees and costs
- Financial aid and scholarships
- General
- Gifting
- Investments
- Opening an account
- Prepaid Card
- Qualified expenses
- Tax information
- How do I purchase a Gift of College Gift Card?
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VSAC, state administrator of the VT529 college savings program, offers Gift of College gift cards in $50 amounts at Vermont locations of Cumberland Farms stores. Specific store locations are listed on the Gift of College website Buy-In-Store link.
- How do I redeem my Gift of College Gift Card?
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Have your VT529 beneficiary account numbers handy.
If you do not already have an existing 529 account, you’ll first need to open an account into which to deposit the Gift of College funds.Go to GiftofCollege.com/Register and create a profile.
Add your VT529 account information to your profile by selecting “Account Manager” and then clicking “Savings Plans” and selecting “Connect Your 529 or ABLE Account”. Next, select Vermont Higher Education Investment Plan from the drop-down menu. Enter the account owner, the account number, and the beneficiary name for the account into which you wish to redeem your gift. Save to your profile.
Click on the “My Profile” tab and select the beneficiary’s name in the “My Plan” section. Then select “Redeem Gift Card.” Select “Gift of College Gift Card” from the Gift Method drop-down menu, and enter the gift card number. Select the Submit button.
Your card will be redeemed for the Gift Card Amount shown on the card, and funds will be sent to VT529 for deposit into your account. Please allow up to 14 business days to see the deposit reflected in your VT529 account.