|
Table 18
College Savings Program
|
|
Year*
|
Account
Volume
|
Number
of Accounts
|
Average
Balance
|
| 1999 |
$340,126,241 |
77,622 |
$4,382 |
| 2000 |
$564,772,333 |
115,214 |
$4,902 |
| 2001 |
$902,012,307 |
191,039 |
$4,722 |
| 2002 |
$1,140,049,159 |
246,785 |
$4,620 |
With
its tax advantages, low cost, and flexibility, New York's College
Savings Program, one of the best nationwide, is helping to make higher
education more affordable for future college students.
*
1999, 2000 and 2001 amounts represent year end December 31st.
2002 amounts are as of July 31,2002.
The Program was launched on September 28, 1998.
| The value of accounts in the New York College Savings
Program exceeded $1.1 billion, with the value doubling in the last
two years. |
Last Modified on November 01, 2002
|
