Does the State of Connecticut still issue College Savings Bonds?
At this time, the College Savers Bond Program has been discontinued. However, the Office of the Treasurer does offer a state sponsored program for families to save and invest for higher education expenses called the Connecticut Higher Education Trust, or CHET. Under current law, earnings on CHET contributions are tax deferred at the federal level and state income tax exempt until withdrawn to pay higher education costs. An informational brochure and enrollment application may be obtained by calling 1-888-799-CHET.
