pennsylvania
Participation Agreement

Consent to Electronic Delivery of Initial Disclosure Documents
 
To open an account in PA 529 Investment Plan using an e-signature, you must consent (by checking the box below) to receive the initial disclosure documents electronically. If you do not consent, you may not open your account using an e-signature. You consent and agree:

To receive the following documents electronically and acknowledge having reviewed, printed, or otherwise received them:
 
Please be aware of the following:
  • To view and print the documents online, you'll need Adobe Acrobat Reader, version 5.0 or higher. If you don't have Acrobat Reader, go to www.adobe.com, where you can download it for free.
  • If you're unable to download, view, and print the documents, or you do not consent to electronic delivery, you cannot submit your application using an e-signature. Contact the Plan at 1-800-440-4000 for assistance or to request a paper copy of any of these documents.
  • The Plan does not charge you a fee to use our Web site, but you could incur expenses from your Internet service provider when you access information online. Also, be aware that your Internet service provider may occasionally experience system failure, and hyperlinks to documents may not function properly.

This election and consent applies only to the documents listed above.


IMPORTANT: YOU ARE ENTERING INTO A CONTRACT TO ESTABLISH AN ACCOUNT IN PA 529 INVESTMENT PLAN. CERTAIN IMPORTANT LEGAL RIGHTS AND RESPONSIBILITIES ARE DESCRIBED BELOW. PLEASE READ CAREFULLY AND CALL 1-800-440-4000 IF YOU HAVE ANY QUESTIONS.

 
By signing below, I hereby apply for an account in the PA 529 Investment Plan. I certify that:

  1. I have received the PA 529 Investment Plan Disclosure Statement and Participation Agreement included in such PA 529 Investment Plan Disclosure Statement. I understand that by signing this Enrollment Application, I am also signing and agreeing to be bound by the terms and conditions of the PA 529 Investment Plan Disclosure Statement and Participation Agreement. I understand that this Enrollment Application shall be construed, governed, and interpreted in accordance with the laws of the Commonwealth of Pennsylvania.
  2. Except as set forth below, I understand that the PA 529 Investment Plan Disclosure Statement and Participation Agreement constitute the entire agreement between the account owner and the PA 529 Investment Plan. No person is authorized to make an oral modification to this agreement.
  3. I understand that I may incur federal and state income and penalty taxes as a consequence of certain activities, including terminating my account or changing my beneficiary to an ineligible person. (Account owners should seek advice from a qualified tax advisor.)
  4. I understand that contributions to the PA 529 Investment Plan are not insured and that the investment returns are not guaranteed by the Federal Deposit Insurance Corporation; The Vanguard Group, Inc.; Ascensus College Savings Recordkeeping Services, LLC, or their affiliates; the Commonwealth of Pennsylvania; or any other government or government agency. I understand that contributions will be invested under the direction of the Treasurer of State and there is no assurance that the accounts under the PA 529 Investment Plan will generate any specific rate of return; in fact, there is no assurance that the accounts will not decrease in value.
  5. If I have chosen the AIP or EBT option, I authorize the PA 529 Investment Plan and Ascensus College Savings Recordkeeping Services, LLC, upon telephone or online request, to pay amounts representing redemptions made by me, or to secure payment of amounts invested by me, by initiating credit or debit entries to my account at the bank named on this Enrollment Application. I authorize the bank to accept any such credits or debits to my account without responsibility for their correctness. I acknowledge that the origination of ACH transactions involving my account must comply with U.S. law. I further agree that the PA 529 Investment Plan; Ascensus College Savings Recordkeeping Services, LLC; The Vanguard Group, Inc.; and their respective affiliates, will not incur any loss, liability, cost, or expense for acting upon my telephone or online request. I understand that this authorization may be terminated by me at any time by notifying the PA 529 Investment Plan; Ascensus College Savings Recordkeeping Services, LLC; and the bank, and that the termination request will be effective as soon as the PA 529 Investment Plan and Ascensus College Savings Recordkeeping Services, LLC have had a reasonable amount of time to act upon it. I certify that I have authority to transact on the bank account identified by me.
  6. If I indicate that I wish to enroll in the SAGE Scholars College Tuition Rewards Program, I authorize and direct the PA 529 Investment Plan to provide SAGE Scholars, Inc., with my name, address, and Social Security number and my beneficiary's name, address, and Social Security number, as well as my e-mail address and information on the amount of SAGE Scholars Tuition Rewards discounts to which I am entitled. SAGE Scholars, Inc., will use this information to administer the SAGE Scholars Tuition Rewards Program and may provide my information to SAGE Scholars member schools so that they may contact me or my beneficiary.
  7. I agree to the terms of the predispute arbitration clause as described in paragraph 24 in the PA 529 IP Participation Agreement found in the PA 529 Investment Plan Disclosure Statement.
  8. I certify that the information provided on this form is true and accurate and that I am bound by the terms, rights, and responsibilities stated in this agreement and by any and all statutory, administrative, and operating procedures that govern the PA 529 Investment Plan.
  9. I understand that clicking Sign is the legal equivalent to submitting a document signed by hand, and indicates that I agree to the terms of this Enrollment Application.