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Denise L. Nappier

     CHET  Advance  Scholarship    

The CHET Advance Scholarship is an annual program offered by the Connecticut State Treasurer’s Office to help Connecticut students pay for college. This Fall the program awarded $2,500 scholarships to 200 Connecticut high school seniors. The scholarship awards will be paid directly to the students’ colleges, starting in the fall of 2014.


News from October 30, 2013 press releases: Treasurer Nappier Announces Chet Advance Scholarship Winners - $500,000 To Be Distributed and  2013 CHET Advance Scholarship Recipients


News from November 8, 2013 press release: CHET Advance Scholarship Winners, Who Come From All Eight Counties, Comment on Their Awards Photos (1meg) of student speakers: Rachel Leaverton, Dar’Ron Brown


Winners were selected in random drawings from all eligible students who submitted a completed application.

Plans are underway to roll out the second phase of CHET Advance Scholarship during the next calendar year for younger students as well, with a portion of the scholarship winners chosen based on need and scholastic achievement. Altogether, CHET Advance Scholarship plans to distribute a total of more than $2 million during the next four years.











     CHET - Connecticut's 529 College Savings Program    

To help families save for college, the State of Connecticut offers the Connecticut Higher Education Trust (CHET), Connecticut’s 529 College Savings Plan. CHET is a tax-advantaged, low cost savings program specifically designed to help families save for future college costs. The funds can be used at accredited colleges and universities across the country, including vocational and technical schools, and some colleges abroad.

A CHET account may be opened with as little as $25, and contributions can be made using automatic deposit from checking or savings accounts or payroll deduction through participating employers. The CHET program web site (haga clic aquí para español), offers on-line enrollment and describes the range of CHET investment options. A CHET account can be opened by any individual, including a grandparent, family friend or neighbor.


     Three GREAT Reasons to Check CHET Out!      

1. Connecticut State Tax Deduction!

As a result of a proposal and action taken by State Treasurer Denise L. Nappier back in 2006 Connecticut offers a state income tax deduction for contributions made to a CHET account - up to $5,000 per taxpayer or $10,000 for taxpayers filing jointly. Please click CHET Disclosure Booklet to download a PDF file to read for more information.

2. Low Fees – Among the Lowest in the Country!

With CHET, there are no sales charges, start-up or maintenance fees. The total asset-based fee (program management fee of 0.18%, plus cost of underlying funds plus state oversight) ranges from 0.29% to 0.87% of the average daily net assets of the CHET program depending upon the investment option selected. The Principal Plus Interest Option does not have a program management fee.

3. A Variety of Investment Options to Help You Save!

CHET offers eleven investment options, which vary in their investment strategy and degree of risk, allowing you to select an option or combination of options that best fit your higher education saving needs and investment philosophy.


     CHET Challenges Connecticut Students to Dream Big!    


2014 Dream Big! Competition


The 2014 CHET Dream Big! Competition launched on January 27, 2014. Dream Big! is a drawing and writing contest for Connecticut students in grades K-5. The competition is designed to inspire and motivate kids to “dream big” about their future after college. The competition also emphasizes to parents that it is never too soon to start saving for college, particularly in a difficult economy.

The competition runs through March 26, 2014. Three grand prize winners will receive a $1,000 contribution to a CHET account, and 60 winners will receive a $500 contribution. Also, the school that submits the greatest number of entries Statewide will be awarded $500, and the ten teachers Statewide who submit the highest number of completed CHET Dream Big! Official Entry Forms will receive an iPad mini for their classroom..

For official contest rules and more information, or to receive CHET Dream Big! materials, schools and parents are asked to call 860-659-0514 or visit


To see photos of Connecticut State Treasurer Denise L. Nappier with last year’s winners, visit


Learn more about the advantages of saving for college with CHET! 

Visit the CHET website:

Call the CHET toll-free telephone center, 1-888-799-CHET (2438),  Monday through Friday between 8 am and 11 pm.

Check out the CHET videos!

     CHET Annual Report  

     CHET Yearly Advisory Board Meeting Minutes  

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