Michigan Education Savings Program (MESP)


MESP Retains Gold Star Rating!

To earn the coveted Gold-rating, the Michigan Education Savings Program (MESP)
was evaluated on four criteria...1

These images are checkmarks emphasizing the selection criteria used by Morningstar to award MESP a Gold-rating.

Price

These images are checkmarks emphasizing the selection criteria used by Morningstar to award MESP a Gold-rating.

Process

These images are checkmarks emphasizing the selection criteria used by Morningstar to award MESP a Gold-rating.

People

These images are checkmarks emphasizing the selection criteria used by Morningstar to award MESP a Gold-rating.

Parent—company
operating the plan

"The Michigan Education Savings Program offers a well-rounded menu of affordable options constructed by a forward-thinking team that places it among the best 529 plans across the nation."

—Morningstar, November 2022

MESP is nationally recognized as one of the lowest cost 529 plans in the country.2

1In an annual review (11/2/2022) of the largest 529 college savings plans (54 plans representing 93% of 529 assets), Morningstar identified 34 plans that rose above their typical peers, awarding those plans Gold, Silver, and Bronze Morningstar Analyst Ratings for 2022. These plans offer investment options that Morningstar expects will collectively outperform and exhibit some combination of the following attractive features: a well-researched asset-allocation approach, a robust process for selecting underlying investments, a well-resourced and experienced investment management team, strong, stable and engaged oversight from the state and low fees. The four key pillars used by Morningstar to evaluate 529 college savings plans include – Process, People, Parent, and Price. ©2022 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. TIAA-CREF Tuition Financing, Inc. compensates Morningstar for the ability to quote these ratings in public communications. Past performance is no guarantee of future results. A Morningstar Analyst Rating for a 529 college savings plan is not a credit or risk rating. Analyst ratings are subjective in nature and should not be used as the sole basis for investment decisions.

2Source: ISS Market Intelligence 529 College Savings Quarterly Fee Analysis Third Quarter 2021.


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Get started today.

Open your account with as little as $25 dollars.