Oregon College Savings Plan

Fees & Expenses

The information below describes the fees and expenses that you would pay if you contribute to a particular investment option in the Oregon College Savings Plan. These fees are indirectly paid out of the assets of your account. Except for the fees listed below, there are currently no other fees, charges or penalties imposed by or payable to the Plan in connection with opening or maintaining an account.


Age-Based Portfolio Options
Fees and Expenses
Investment Portfolio Plan Manager Fee(1)(2) Administrative Fee(1)(3) Estimated Underlying Fund Expenses(4) Total Annual Fees(5)
Age Band 0‑4 0.17% 0.05% 0.09% 0.31%
Age Band 5‑8 0.17% 0.05% 0.10% 0.32%
Age Band 9‑10 0.17% 0.05% 0.10% 0.32%
Age Band 11‑12 0.17% 0.05% 0.11% 0.33%
Age Band 13‑14 0.17% 0.05% 0.11% 0.33%
Age Band 15 0.17% 0.05% 0.10% 0.32%
Age Band 16 0.17% 0.05% 0.09% 0.31%
Age Band 17 0.17% 0.05% 0.08% 0.30%
Age Band 18+ 0.17% 0.05% 0.08% 0.30%
Guaranteed Investment Option
Fees and Expenses
Investment Portfolio Plan Manager Fee(1)(2) Administrative Fee(1)(3) Estimated Underlying Fund Expenses(4) Total Annual Fees(5)
Principal Plus Interest(7) None None None None
Multi-Fund Portfolio Options
Fees and Expenses
Investment Portfolio Plan Manager Fee(1)(2) Administrative Fee(1)(3) Estimated Underlying Fund Expenses(4) Total Annual Fees(5)
Aggressive Portfolio 0.17% 0.05% 0.09% 0.31%
Moderate Portfolio 0.17% 0.05% 0.10% 0.32%
Conservative Portfolio 0.17% 0.05% 0.09% 0.31%
Diversified U.S. Equity 0.17% 0.05% 0.48% 0.70%
Diversified International Equity 0.17% 0.05% 0.39% 0.61%
Diversified Inflation Protection 0.17% 0.05% 0.37% 0.59%
Diversified Fixed Income 0.17% 0.05% 0.41% 0.63%
Balanced Index 0.17% 0.05% 0.08% 0.30%
Single-Fund Portfolio Options
Fees and Expenses
Investment Portfolio Plan Manager Fee(1)(2) Administrative Fee(1)(3) Estimated Underlying Fund Expenses(4) Total Annual Fees(5)
U.S. Equity Index 0.17% 0.05% 0.05% 0.27%
International Equity Index 0.17% 0.05% 0.12% 0.34%
Social Choice 0.17% 0.05% 0.18% 0.40%
Fixed Income Index 0.17% 0.05% 0.12% 0.34%
Money Market(6) 0.17% 0.05% 0.13% 0.35%

(1) Although the Plan Manager Fee and the Board Administrative Fee are deducted from an Investment Portfolio, not from your Account, each Account in the Investment Portfolio indirectly bears its pro rata share of the Plan Manager Fee and the Board Administrative Fee, as these fees reduce the Investment Portfolio's return.

(2) Each Investment Portfolio (with the exception of the Principal Plus Interest Portfolio) pays the Plan Manager a fee at an annual rate of 0.17% of the average daily net assets of the Investment Portfolio. That annual rate for the Plan Manager Fee applies so long as the total assets in the Plan (with the exception of the Principal Plus Interest Portfolio) remain above $1.0 billion. If the total market value of the assets in the Plan (with the exception of the Principal Plus Interest Portfolio) becomes less than $1.0 billion for a period of at least 90 consecutive days, the annual rate of the Plan Manager Fee will be 0.20%.

(3) For services provided by the Board in administering the Plan, each Investment Portfolio (with the exception of the Principal Plus Interest Portfolio) pays to the Board a Board Administrative Fee at an annual rate of 0.05% of the average daily net assets of the Investment Portfolio. The Board Administrative Fee will be used to administer and market the Plan. Any amounts deemed not necessary for such uses may be used for any purpose authorized by Statute.

(4) The percentages set forth in this column are based on the expense ratios of the mutual funds in which an Investment Portfolio invests. The percentages are calculated using the expense ratio reported in each mutual fund's most recent prospectus available prior to the date of this Disclosure Booklet and weighted according to the Investment Portfolio's allocation among the mutual funds in which it invests. Although these expenses are not deducted from an Investment Portfolio's assets, each Investment Portfolio (other than the Principal Plus Interest Portfolio, which does not invest in mutual funds) indirectly bears its pro rata share of the expenses of the mutual funds in which it invests, as these expenses reduce such mutual fund's return.

(5) These figures represent the estimated weighted annual expense ratios of the mutual funds in which an Investment Portfolio invests plus the fees paid to the Plan Manager and to the Board.

(6) The Plan Manager has agreed to voluntarily waive the Money Market Portfolio's Plan Manager Fee as necessary in an attempt to maintain at least a 0.00% return prior to the deduction of the Board's Administrative Fee. The Plan Manager may discontinue the waiver at any time without notice. Please note that after the deduction of the Board's Administrative Fee, the net return for the Money Market Portfolio may still be negative.

(7) The Principal Plus Interest Portfolio does not pay a Plan Manager Fee or a Board Administrative Fee. TIAA-CREF Life Insurance Company ("TIAA-CREF Life"), the issuer of the funding agreement in which this Investment Portfolio invests and an affiliate of TFI, makes payments to the Plan Manager. TIAA-CREF Life also pays the Board a fee, equal to 0.05% of the average daily net assets held by the Principal Plus Interest Portfolio. These payments, among many other factors, are considered by the issuer when determining the interest rate credited to the Board under the funding agreement.

The example in the following table is intended to help you compare the cost of investing in the different Investment Portfolios over various periods of time. This example assumes that:

  • You invest $10,000 in an investment portfolio for the time periods shown below.
  • Your investment has a 5% compounded return each year.
  • You withdraw your entire investment from the Investment Portfolio at the end of the specified periods for Qualified Higher Education Expenses.
  • Total annual asset-based fees remain the same as shown in the Fee Table above.

Although your actual costs may be higher or lower, based on the above assumptions your costs would be:

Investment Cost Example
Investment Portfolio Approximate Cost of $10,000 Investment
  1 Year 3 Years 5 Years 10 Years
Age Band 0‑4 $32 $100 $174 $394
Age Band 5‑8 $33 $103 $180 $406
Age Band 9‑10 $33 $103 $180 $406
Age Band 11‑12 $34 $106 $186 $419
Age Band 13‑14 $34 $106 $186 $419
Age Band 15 $33 $103 $180 $406
Age Band 16 $32 $100 $174 $394
Age Band 17 $31 $97 $169 $381
Age Band 18+ $31 $97 $169 $381
Guaranteed Investment Option
Principal Plus Interest $0 $0 $0 $0
Multi-Fund Portfolio Options
Aggressive Portfolio $32 $100 $174 $394
Moderate Portfolio $33 $103 $180 $406
Conservative Portfolio $32 $100 $174 $394
Diversified U.S. Equity $72 $225 $391 $873
Diversified International Equity $63 $196 $341 $764
Diversified Inflation Protection $60 $190 $330 $740
Diversified Fixed Income $65 $202 $352 $788
Balanced Index $31 $97 $169 $381
Single Fund Portfolio Options
U.S. Equity Index $28 $87 $152 $344
International Equity Index $35 $109 $191 $431
Social Choice $41 $129 $225 $506
Fixed Income Index $35 $109 $191 $431
Money Market $36 $113 $197 $444