Let's Get Fossil-Free 529 College Savings
California’s ScholarShare 529 College Savings Plan Still has Oil and Gas In It
California’s college-bound students and their families had $14.416 billion saved for college at the end of 2023.
Investing for your kids’ college should help them build a better future - and not support oil and gas companies.
We demand at least one fossil-free investment option for a static fund and an age-based (target college date) fund.
OUR WORK
Scholarshare 529 is California’s public college savings system, run by State Treasurer Fiona Ma. It offers a choice of static and age-based investment options for families (age-based funds are managed to reduce investment risk and volatility as the child nears college age).
In 2025, FFCA successfully advocated for a fossil-free college savings option for California’s families. As of December 2025, Scholarshare began offering a (nearly) fossil-free static saving option. In 2026, we’ll be organizing for a fossil-free age-based plan as well.
Are you a parent looking to save for your child’s education without supporting the oil and gas industry? Get involved!
TAKE ACTION
Call on the Board to divest
Write to the ScholarShare Board urging them to divest from fossil fuels now. Sign onto our default letter or write your own!
Join the Volunteer Team
Join the Fossil Free 529 College Savings Team