In October 2015, the T. Rowe Price College Savings Plan received recognition from Morningstar as one of the best 529 plans in the country. The T. Rowe Price College Savings Plan was one of only four plans to receive the "Gold" rating in 2015, 2014, 2013, and 2012.

According to Morningstar's 2015 report, plans with a "Gold" rating "stand out because of generally attractive investment lineups, well-resourced asset-allocation teams, capable oversight, and competitive fees." The report goes on to mention, "Gold-rated plans represent some of the best options available to college savers."

In addition to receiving a "Gold" rating in 2015, 2014, 2013, and 2012, the Plan also received Morningstar's "Top" rating in 2011 and 2010 under Morningstar's previous rating system.

Start saving now for college expenses with the T. Rowe Price College Savings Plan. It is a decision that can help you achieve your college savings goals.

Morningstar analysts reviewed 63 plans for its 2015 ratings (10/20/15), 64 plans for its 2014 ratings (10/21/14), 2013 ratings (10/22/13) and 2012 ratings (10/15/12), of which 4 plans received a "Gold" rating. To determine a plan's rating, Morningstar's analysts considered five factors: the plan's strategy and investment process; the plan's risk-adjusted performance; an assessment of the individuals managing the plan's investment options; the stewardship practices of the plan's administration and parent firm; and whether the plan's investment options are a good value proposition compared to its peers. Plans were then assigned forward-looking ratings of "Gold," "Silver," "Bronze," "Neutral," and "Negative." Each year, certain of the industry‚Äôs smallest plans are not rated. Morningstar analysts reviewed 58 plans for its 2011 survey, of which 6 plans received a "Top" rating, and 52 plans for its 2010 survey, of which 5 plans received a "Top" rating. Ratings for each plan were based on five factors: the quality of the underlying investment options; performance of those options; the skill of the managers of those options; the costs associated with each plan; and the stewardship practices of each plan's program manager. Plans were then assigned ratings of "Top," "Above Average," "Average," "Below Average," and "Bottom." To earn a "Top" rating, a plan must be best-in-class across all five areas.

Analyst Ratings are subjective in nature and should not be used as the sole basis for investment decisions. Analyst Ratings are based on Morningstar analysts' current expectations about future events and therefore involve unknown risks and uncertainties that may cause Morningstar's expectations not to occur or to differ significantly from what was expected. Morningstar does not represent its Analyst Ratings to be guarantees.