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The University of Oklahoma Human Resources Website


Oklahoma College Savings Plan

Use Payroll Deduction to Save for College – It’s Back-To-School season and you might be thinking of the best ways to save for college for your kids, your grandkids, or even yourself. The Oklahoma 529 College Savings Plan may be the answer. It let’s you save for college by investing your money now and watching it grow. When it’s time for college, the earnings spent on eligible college expenses are tax-free.  Plus, you can have the amount you want to save deducted directly from your paycheck.

Steps to investing in the Oklahoma 529 College Savings Plan

  1. Review the Oklahoma College Savings Plan website.
  2. Click here to enroll online (scroll to the bottom of the page). Or click here to complete the paper enrollment packet and the payroll deduction form (see upper right green box for this form).
  3. Submit a copy of the payroll deduction form to the Payroll office on your campus. Payroll deduction cannot be set up unless the university has a copy of this form.
  4. Keep a copy for yourself and submit the original enrollment forms and payroll deduction form to the addresses indicated on the forms.