The Ohio Tuition Trust Authority
Since 1989, the Ohio Tuition Trust Authority, a state agency within the office of the Chancellor of the Ohio Board of Regents, has been helping Ohio families save for a college education. Ohio was one of the first states to offer a Section 529 qualified tuition program. 529 plans are tax-advantaged college savings programs offered by states or eligible educational institutions and have fast become one of the most popular ways to save for college.
The Tuition Trust offers and administers Ohio's CollegeAdvantage 529 Savings Plan. CollegeAdvantage is offered directly through the Tuition Trust (direct plan) and is also offered through financial professionals (advisor plan). Both plans offer a wide variety of investment options in order to appeal to the diverse needs of families saving for college. There are options for risk-averse savers seeking to minimize risk and preserve principal, and options for experienced investors seeking to maximize returns by investing in domestic and international equities.
The CollegeAdvantage direct plan offers investment options from leading fund managers such as The Vanguard Group, PIMCO, OppenheimerFunds, GE Asset Management and Fifth Third Bank, which offers FDIC-insured savings account and CD options. Mutual fund-based Investment options include age-based options that allocate your investment based on the age of your child and your risk profile, balanced multi-fund options, individual fixed-income (bond) and equity (stock) options. Bank options include traditional savings accounts and CDs.
The CollegeAdvantage advisor plans are managed by Putnam Investments and BlackRock, and are available only through financial advisors. Putnam CollegeAdvantage offers a diverse range of quality Putnam investment options as well as investment choices managed by other leading fund managers such as Fidelity Investments and Davis. BlackRock CollegeAdvantage offers investment choices from BlackRock, Rainier, Wells Fargo and ING Funds.
Ohio Tuition Trust Authority Board
An 11-member board oversees the investments of the Ohio Tuition Trust Authority. The Governor of the state of Ohio appoints six members, one representing state institutions of higher education located in the state of Ohio, one representing private colleges and universities located in the state of Ohio, one having experience in the field of marketing or public relations, one having experience in the field of information systems design or management, and two having experience in the field of banking, investment banking, marketing, insurance or law.
The Speaker of the House of Representatives of the state of Ohio and the President of the Senate of the state of Ohio each appoints one member of the respective legislative body from each political party.
Ohio Tuition Trust Authority Board
Sen. Mark D. Wagoner, Jr., Co-Chairman
State Senator, 2nd District
Rep. Stephen Dyer, Co-Chairman
State Representative, 43rd District
Sen. Fred Strahorn, Board Member
State Senator, 5th District
Rep. W. Scott Oelslager, Board Member
State Representative, 15th District
Chancellor Eric D. Fingerhut, Executive Committee Chairman
Richard M. Norman, Board Member
Jonathan M. Petuchowski, Board Member
Dr. Barbara Gellman-Danley, Board Member
Lisa M. Chambers, Board Member
Chas Withers, Board Member
Ohio Tuition Trust Authority Board Meetings Schedule
2010 Board Meetings Schedule
| Date |
Location |
Time |
Agenda |
Minutes |
|
March 26
|
Ohio Tuition Trust Authority
580 S. High St., Suite 208 Columbus, OH 43215 |
10:30 a.m. to 1:00 p.m. |
OTTA Agenda 3-26-10 |
OTTA Minutes 3-26-10 |
| May 13 |
Ohio Tuition Trust Authority Offices |
3:00 p.m. to 4:45 p.m. |
OTTA Agenda 5-13-10 |
|
| July 15 |
Ohio Tuition Trust Authority Offices |
CANCELLED |
|
|
| August 26 |
Ohio Tuition Trust Authority Offices |
TBD |
|
|
Ohio Tuition Trust Authority Executive Director: R. Michael Prescott
Working at the Tuition Trust
Employment opportunities may be accessed online at the state of Ohio employment Web page.
The Ohio Tuition Trust Authority is located just south of Downtown Columbus, in historic German Village. The Tuition Trust employs 47 staff members in the areas of Operations, Finance, Information Technology, Administration and Marketing. We believe that employment with the Tuition Trust should be mutually rewarding and we offer the tools needed to succeed both personally and professionally. Associates are encouraged to continually enhance their knowledge and skills through ongoing educational opportunities and training. We strive to offer an excellent working environment and benefits, in order for our employees to offer the highest quality service to our customers.
Contact information for Human Resources: hr@collegeadvantage.com
Public Records Policy
All public records requests must be reviewed by the Ohio Tuition Trust Authority General Counsel prior to any information being provided to the requestor. Public Records Policy
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