{"id":250693,"date":"2023-06-14T01:35:37","date_gmt":"2023-06-14T01:35:37","guid":{"rendered":"https:\/\/www.collegeinvest.org\/?page_id=250693"},"modified":"2025-11-05T22:04:33","modified_gmt":"2025-11-05T22:04:33","slug":"apprenticeships-trade-schools","status":"publish","type":"page","link":"https:\/\/www.collegeinvest.org\/apprenticeships-trade-schools\/","title":{"rendered":"Apprenticeships"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Hero Section&#8221; module_class=&#8221;hero-section page-home&#8221; _builder_version=&#8221;4.16&#8243; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Hero Content&#8221; module_class=&#8221;headline h1-dark&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;18px&#8221; header_font_size=&#8221;60px&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>Apprenticeships and Non-Traditional Education<\/h1>\n<p>Apprenticeship programs have gained popularity as an alternative to traditional college education. Recently, the U.S. Department of Labor reported a significant 64% rise in registered apprentices, showing a growing interest in alternative career paths.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;#section-5&#8243; button_text=&#8221;scroll to explore college savings &#8221; admin_label=&#8221;Anchor Link&#8221; module_class=&#8221;anchor-link&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;right&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2023\/06\/Construction.jpg&#8221; alt=&#8221;child&#8221; title_text=&#8221;Construction&#8221; align=&#8221;right&#8221; module_class=&#8221;img-full&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; background_enable_image=&#8221;off&#8221; animation_direction=&#8221;right&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Benefits All Section&#8221; module_id=&#8221;section-5&#8243; module_class=&#8221;benefits-all-section page-what-is-a-529-cvp page-app&#8221; _builder_version=&#8221;4.17.3&#8243; background_image=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/10\/background-benefits@2x-1-e1634873550345.png&#8221; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row module_class=&#8221;headline&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; text_orientation=&#8221;center&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;80%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 style=\"text-align: center;\">Did you know that 529 savings can be used for more than just traditional college expenses?<\/h2>\n<p style=\"text-align: center;\">Many do not know that a 529 college savings plans are not just for higher education. They can also fund trade school and apprenticeship expenses. CollegeInvest accounts provide help with various post-high school educational journeys. Find funds to help with training for your child or grandchild.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Flexible Promo Image Left&#8221; module_class=&#8221;flexible-promo-image-left page-home&#8221; _builder_version=&#8221;4.16&#8243; animation_direction=&#8221;left&#8221; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; module_class=&#8221;btn-double-img-left&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;left&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2023\/06\/Welders.jpg&#8221; alt=&#8221;529 Savings Plan&#8221; title_text=&#8221;Welders&#8221; module_class=&#8221;img-full&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; animation_direction=&#8221;left&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;h2-dark&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;18px&#8221; text_letter_spacing=&#8221;-0.25px&#8221; text_line_height=&#8221;24px&#8221; header_2_font_size=&#8221;36px&#8221; header_2_letter_spacing=&#8221;-1.2px&#8221; header_2_line_height=&#8221;42px&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Vocational, Trade or Technical Schools<\/h2>\n<p>These educational institutions specialize in training for specific trades or careers. These institutions design programs to equip students for employment in fields requiring hands-on skills and knowledge. Examples range from automotive technology and culinary arts to information technology and construction. Unlike 4-year college programs, these vocational courses often have a shorter duration.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Flexible Promo Section&#8221; module_id=&#8221;test&#8221; module_class=&#8221;flexible-promo-image-right page-home&#8221; _builder_version=&#8221;4.16&#8243; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; module_class=&#8221;btn-double-img-right&#8221; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Flexible Promo Content&#8221; module_class=&#8221;h2-dark&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;18px&#8221; text_letter_spacing=&#8221;-0.5px&#8221; text_line_height=&#8221;28px&#8221; header_2_font_size=&#8221;36px&#8221; header_2_letter_spacing=&#8221;-1.2px&#8221; header_2_line_height=&#8221;42px&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Apprenticeship Programs<\/h2>\n<p>Apprenticeships offer practical training and work experience in a trade. They are paid positions, often leading to job promotion or salary increases. For instance, the average salary is $77,000, as reported by the Department of Labor.<\/p>\n<p>In Colorado, the Department of Labor and Employment provides a directory of <a href=\"https:\/\/apprenticeship.colorado.gov\/\">Registered Apprenticeship Programs<\/a>. If listed, 529 apprenticeship programs funds can cover fees, books, supplies, and necessary equipment.[\/et_pb_text][et_pb_text module_class=&#8221;appren-link&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"\/employers\/contributions\/\">Click here for more information<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;right&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2023\/06\/IT-Technician.jpg&#8221; alt=&#8221;gift for your newborn child&#8221; title_text=&#8221;IT Technician&#8221; module_class=&#8221;img-full&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; animation_direction=&#8221;right&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Benefits All Section&#8221; module_id=&#8221;section-5&#8243; module_class=&#8221;benefits-all-section page-what-is-a-529-cvp page-app&#8221; _builder_version=&#8221;4.17.3&#8243; background_image=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/10\/background-benefits@2x-1-e1634873550345.png&#8221; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row module_class=&#8221;headline&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>CollegeInvest 529 Benefits<\/h2>\n<p>CollegeInvest offers several benefits, including:<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_5,1_5,1_5,1_5,1_5&#8243; admin_label=&#8221;Benefits All Row&#8221; module_class=&#8221;slider&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/Benefit-Check-Icon.svg&#8221; alt=&#8221;Green checkmark icon&#8221; title_text=&#8221;Benefit-Check-Icon&#8221; url=&#8221;https:\/\/www.collegeinvest.org\/529-savings-plan-benefits\/529-plan-flexibility\/&#8221; admin_label=&#8221;Icon&#8221; module_class=&#8221;benefits-icon-check&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;benefits-col-content h2-light p-big-light&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Qualified expenses like books, tools, and uniforms are payable through 529 plans<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/Benefit-Check-Icon.svg&#8221; alt=&#8221;Green checkmark icon&#8221; title_text=&#8221;Benefit-Check-Icon&#8221; url=&#8221;https:\/\/www.collegeinvest.org\/529-savings-plan-benefits\/529-plan-tax-advantages\/&#8221; admin_label=&#8221;Icon&#8221; module_class=&#8221;benefits-icon-check&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;benefits-col-content h2-light p-big-light&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Contributions to a 529 are tax-deductible<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/Benefit-Check-Icon.svg&#8221; alt=&#8221;Green checkmark icon&#8221; title_text=&#8221;Benefit-Check-Icon&#8221; url=&#8221;https:\/\/www.collegeinvest.org\/529-savings-plan-benefits\/529-plan-savings-account-control\/&#8221; admin_label=&#8221;Icon&#8221; module_class=&#8221;benefits-icon-check&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;benefits-col-content h2-light p-big-light&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>529s funds cover ongoing certification classes<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/Benefit-Check-Icon.svg&#8221; alt=&#8221;Green checkmark icon&#8221; title_text=&#8221;Benefit-Check-Icon&#8221; url=&#8221;https:\/\/www.collegeinvest.org\/529-savings-plan-benefits\/affording-529-savings-plans\/&#8221; admin_label=&#8221;Icon&#8221; module_class=&#8221;benefits-icon-check&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;benefits-col-content h2-light p-big-light&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The growth of tax-deferred earnings; tax-free withdrawals for eligible expenses<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/Benefit-Check-Icon.svg&#8221; alt=&#8221;Green checkmark icon&#8221; title_text=&#8221;Benefit-Check-Icon&#8221; url=&#8221;https:\/\/www.collegeinvest.org\/529-savings-plan-benefits\/529-plan-income-age-restrictions\/&#8221; admin_label=&#8221;Icon&#8221; module_class=&#8221;benefits-icon-check&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;benefits-col-content h2-light p-big-light&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Transfer 529 accounts among family members<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Swipe to see more&#8221; module_class=&#8221;skip-check-list-row white&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_column][\/et_pb_row][et_pb_row module_class=&#8221;headline&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;20px||||false|false&#8221; custom_padding=&#8221;10px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The funds can be used at eligible colleges, universities, technical schools nationwide, and even abroad, as long as the school is qualified to participate in federal student aid programs. Colorado taxpayers may also be eligible for a <a href=\"\/529-savings-plan-benefits\/529-plan-tax-advantages\/\">Colorado state tax deduction<\/a><\/p>\n<p>It&#8217;s important to note that while these expenses are generally considered qualified, it&#8217;s always a good idea to consult with a tax advisor or financial professional to ensure compliance with any specific rules or regulations that may apply in your situation.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;FAQ No Background&#8221; module_class=&#8221;page-financial-professionals faq-wrapper&#8221; _builder_version=&#8221;4.16&#8243; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Headline&#8221; module_class=&#8221;headline&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Frequently asked questions<\/h2>\n<p>[\/et_pb_text][cumo_faq_item question=&#8221;What is a 529 college savings plan?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;What is a 529 college savings plan?&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>A CollegeInvest 529 Savings Plan is an educational savings account where your money grows federal and state tax-free as long as it\u2019s used for specific expenses, including tuition and room and board. Use your savings anywhere in the country at eligible colleges or trade schools and even for apprenticeships.<\/p>\n<p>529\u2019s were created to encourage parents to start saving early while their students were young, allowing the savings to increase as they grow. The affordability, flexibility and unique savings plans of 529s make them one of the best and easiest ways to save for a postsecondary education.<\/p>\n<p><a href=\"\/what-is-a-529-plan\/\">Learn more about 529 plans here.<\/a><\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How can I use my 529? (Eligible expenses)&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;How can I use my 529? (Eligible expenses)&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><img decoding=\"async\" class=\"wp-image-254273 alignnone size-large\" src=\"https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2025\/11\/529-Qualified-vs.-Non-Qualified-Expenses-Chart-1024x878.png?strip=all&lossy=1&ssl=1\" alt=\"\" width=\"1024\" height=\"878\" srcset=\"https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2025\/11\/529-Qualified-vs.-Non-Qualified-Expenses-Chart-980x840.png?strip=all&amp;lossy=1&amp;ssl=1 980w, https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2025\/11\/529-Qualified-vs.-Non-Qualified-Expenses-Chart-480x411.png?strip=all&amp;lossy=1&amp;ssl=1 480w, https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2025\/11\/529-Qualified-vs.-Non-Qualified-Expenses-Chart.png?strip=all&amp;lossy=1&amp;w=420&amp;ssl=1 420w, https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2025\/11\/529-Qualified-vs.-Non-Qualified-Expenses-Chart.png?strip=all&amp;lossy=1&amp;w=840&amp;ssl=1 840w, https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2025\/11\/529-Qualified-vs.-Non-Qualified-Expenses-Chart.png?strip=all&amp;lossy=1&amp;w=1260&amp;ssl=1 1260w, https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2025\/11\/529-Qualified-vs.-Non-Qualified-Expenses-Chart.png?strip=all&amp;lossy=1&amp;w=1680&amp;ssl=1 1680w, https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2025\/11\/529-Qualified-vs.-Non-Qualified-Expenses-Chart.png?strip=all&amp;lossy=1&amp;ssl=1 2100w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;Who can participate?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;Who can participate?&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Parents, grandparents, other relatives, even friends! There are no age or income restrictions to owning a CollegeInvest account. Nor do you have to be a Colorado resident or taxpayer.<\/p>\n<p>In fact, you could open an account for yourself. If you\u2019re seeking an advanced degree, looking for additional certification, wanting to finish college, or simply trying to keep up with new technology, a CollegeInvest college savings plan can get you there.<\/p>\n<p>You can open as many accounts as you want. YOU control who receives the funds, when they\u2019re withdrawn, and for what expenses. You can change the Beneficiary at any time.<\/p>\n<p>Nor are there any restrictions on the number of accounts per Beneficiary.<\/p>\n<p>And anyone can contribute to your account. <a href=\"\/friends-family-gifting\/\">Learn more about Friends and Family Gifting<\/a>.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What vocational, trade or technical schools will my 529 funds apply to?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;What vocational, trade or technical schools will my 529 funds apply to?&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>529 funds apply to trade or technical schools participating in federal student aid programs. To make the most of your 529 plan, ensure your chosen school is eligible. You can easily check this through<a href=\"https:\/\/studentaid.gov\/fafsa-app\/FSCsearch\"> <u>the Federal Student Aid School Code Search<\/u>,<\/a> which lists all qualifying institutions.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What apprenticeships will my 529 funds apply to?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;What apprenticeships will my 529 funds apply to?&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The Colorado Department of Labor and Employment has a <a href=\"https:\/\/apprenticeship.colorado.gov\/resources\/colorado-registered-apprenticeship-program-directory\" target=\"_blank\" rel=\"noopener\">Registered Apprenticeship Program Directory here<\/a>. If it is listed, 529 plan funds can be used towards program fees, books, supplies and equipment, including the tools needed for the trade. The Department of Labor provides a <a href=\"https:\/\/apprenticeship.colorado.gov\/\" target=\"_blank\" rel=\"noopener\">search tool<\/a> to find out if your particular apprenticeship program is eligible.<\/p>\n<p>[\/cumo_faq_item][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;on|on|on&#8221; module_id=&#8221;how-we-can-help&#8221; module_class=&#8221;how-we-can-help&#8221; _builder_version=&#8221;4.16&#8243; use_background_color_gradient=&#8221;on&#8221; background_image=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/10\/how-we-can-help@2x-e1634123434181.png&#8221; width=&#8221;100%&#8221; da_disable_devices=&#8221;off|off|off&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;left&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Headline&#8221; module_class=&#8221;headline h3-light&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#FFFFFF&#8221; header_3_font_size=&#8221;26px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3 class=\"h3\">How can we help?<\/h3>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;\/what-is-a-529-plan\/&#8221; button_text=&#8221;i\u2019m new to 529 savings plans&#8221; module_class=&#8221;button white&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_button button_url=&#8221;\/529-savings-plan-benefits\/&#8221; button_text=&#8221;see the benefits of 529 savings plans&#8221; module_class=&#8221;button white&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;right&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Headline&#8221; module_class=&#8221;headline h3-light&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#FFFFFF&#8221; header_3_font_size=&#8221;26px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p class=\"h3\">Already have a CollegeInvest 529 savings plan?<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;\/legislative-updates\/&#8221; button_text=&#8221;See Recent Legislative Updates&#8221; module_class=&#8221;button deep-cerulean&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_button button_url=&#8221;\/friends-family-gifting\/&#8221; button_text=&#8221;friends and family gifting&#8221; module_class=&#8221;button deep-cerulean&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Flexible Promo Vertical Image&#8221; module_id=&#8221;prm-image&#8221; module_class=&#8221;flexible-promo-vertical-image h2-light p-big-light page-home&#8221; _builder_version=&#8221;4.16&#8243; background_image=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/Background-Forms.png&#8221; da_disable_devices=&#8221;off|off|off&#8221; disabled=&#8221;on&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/AM@2x.png&#8221; title_text=&#8221;AM@2x&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;content-fpvi&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Legislative and Tax Treatment Updates.<\/h2>\n<p>Stay informed! Learn more about legislation that may impact your CollegeInvest account.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;\/legislative-updates\/&#8221; button_text=&#8221;learn more&#8221; admin_label=&#8221;Button White&#8221; module_class=&#8221;button white&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apprenticeships and Non-Traditional Education Apprenticeship programs have gained popularity as an alternative to traditional college education. Recently, the U.S. Department of Labor reported a significant 64% rise in registered apprentices, showing a growing interest in alternative career paths.Did you know that 529 savings can be used for more than just traditional college expenses? Many do [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"class_list":["post-250693","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Apprenticeships - CollegeInvest<\/title>\n<meta name=\"description\" content=\"Explore the benefits of apprenticeships and trade schools as alternative pathways to higher education. 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