ScholarShare Investment Board (SIB)

This board provides oversight for ScholarShare 529, California’s official college savings plan, helping families prepare for higher education expenses.

Overseeing California's official 529 college savings plan

Our board provides direct oversight for ScholarShare 529, California's official and tax-advantaged 529 college savings plan.

Helping California families save for higher education

We are committed to helping California families save for the ever-rising cost of higher education expenses.

Setting investment policies to help college savings grow

We are responsible for setting the investment policies and strategies that help college savings accounts grow over time.

About the ScholarShare Investment Board

The ScholarShare Investment Board sets investment policies and oversees all activities of ScholarShare 529, the state’s 529 college investment plan. The program enables Californians to save for college by putting money in tax-advantaged investments. After-tax contributions allow earnings to grow tax-deferred, and disbursements, when used for tuition and other qualified expenses, are federal and state tax-free. ScholarShare 529 is managed by TIAA-CREF Tuition Financing, Inc.

The ScholarShare Investment Board also oversees the California Memorial Scholarship Program and the California Kids and Investment Development Savings Program.