1. Oklahoma’s 529 College Savings Plan (OCSP)

2. The Cost of College Use our College Planner Mobile App to learn more. Based on four years of average tuition and fees for 2010-2011 and assumed to increase 6% annually. Source: SavingforCollege.com, “The real cost of higher education” and The College Board ®. (This is a hypothetical example for illustrative purposes only). 4-Year Public College $300,000 $200,000 $100,000 $0 20102028 2010 $400,000 $33,300 $95,000 $119,400 $340,800 4-Year Private College

3. 3 TFI, launched in 1999, serves 11 states 3

4. How does a 529 Plan work? A College Education Account Owner No income limitations No residency required Full control Beneficiary = Future Student No age restrictions No time restrictions No residence requirement Beneficiary can be changed to another eligible family member

5. Tax Advantages Account contributions are made after-tax. Contributions can reduce your Oklahoma taxable income each year up to $10,000 per individual or $20,000 per married couple. (See the Disclosure Booklet for details.) Any earnings have the opportunity to grow: Tax-deferred Any account earnings grow tax-deferred Tax-free Withdrawals of any earnings for qualified higher education expenses are free of federal and Oklahoma state income tax Did you know? Oklahoma provides a five-year carry- forward for excess contributions.

6. Low Fees Total annual plan fees are under 100 basis points for every investment option. The Guaranteed Option is offered without a fee. No application fee No transfer fee No commissions paid on accounts No sales fees No annual account maintenance fee Review the Plan Disclosure Booklet or visit OK4saving.org for a list of fees and descriptions. Did you know? OCSP is among the lower cost 529 plans in the country.

7. Who can I contribute for? Beneficiaries may include: Your child Your grandchild or great-grand child Your niece or nephew Your friend or other relative Yourself

8. Flexible Choices Can be used at eligible higher education institutions nationwide (and many abroad), including; College University Technical Colleges Any type of degree or certificate program Graduate degrees included For a list of applicable international schools, visit OK4saving.org.

9. Ease in using the account The account can be used for a variety of qualified expenses, including: Tuition Mandatory Fees Certain Room and Board Costs* Books Mandatory Equipment and Supplies Did you know? Computers are considered a qualified expense if required for a course. * Student must be enrolled half the time of a full time course of study. See the Disclosure Booklet for more information.

10. Non-Qualified Withdrawals The earnings portion, if any, of non-qualified Withdrawal due to death, disability, or receipt of scholarship or attendance at a Military Academy by the designated beneficiary is subject to applicable federal and state income tax, if any. The earnings portion, if any, of a non-Qualified Withdrawal not due to death, disability or receipt of scholarship or attendance at a Military Academy is subject to applicable federal and state income tax, plus a 10% additional federal tax.

11. Easily access your account Only the account owner can take a withdrawal. Withdrawals can be requested ­ By Form ­ Online ­ Smartphone A withdrawal can be sent directly to: ­ Account Owner ­ Institution ­ Beneficiary/Institution Receipts are not required to withdraw funds. Account owners should maintain records of their withdrawals and keep their receipts.

12. Wide range of investment options Nine different investment options to choose from. You can select one or any combination that best meets your investment objectives. Age-Based ­ Moderate Managed Allocation ­ Conservative Managed Allocation ­ Aggressive Managed Allocation Multi-Fund ­ Diversified Equity Option ­ Global Equity Index Option ­ Balanced Option ­ Fixed Income Option Single-Fund ­ U.S. Equity Index Option Capital Preservation ­ Guaranteed Option

13. Choosing your Investment Option Choose an investment option based on your time frame and risk tolerance Risk tolerance questionnaire available at ok4saving.org You may choose more than one investment option or a different investment option at anytime You may transfer funds from one investment option to another one time per calendar year

14. Easy to get started Go to OK4saving.org for easy, online opening. Open for as little as $100, with: ­ Checks ­ Electronic Bank Transfer ­ Automatic Contribution Plan ­ Payroll Deduction/Direct Deposit, if employer allows ­ Gifts from family members and friends ­ Account owners need beneficiary name and date of birth, Social Security Number or federal Taxpayer Identification Number Call us toll-free to speak with a college savings plan specialist at (877) 654-7284. Educational video available at OK4saving.org.

15. Important Disclosures Consider the investment objectives, risks, charges and expenses before investing in the Oklahoma College Savings Plan. Visit OK4saving.org, or call the Plan, for a Disclosure Booklet containing this and other information. Read it carefully. Before investing in a 529 plan, consider whether the state where you or your Beneficiary resides has a 529 plan that offers favorable state tax benefits that are available if you invest in that state’s 529 plan. The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties. Taxpayers should seek advice, based on their own particular circumstances, from an independent tax advisor. *Investments in the Plan are neither insured nor guaranteed except for TIAA-CREF Life Insurance Company’s guarantee to the Oklahoma College Savings Plan under the Funding Agreement for the Guaranteed Option, and there is a risk of investment loss. Account values will fluctuate based on a number of factors including general market conditions. Withdrawals that are not used for qualified higher education expenses may be subject to federal income tax and any applicable state income tax, as well as an additional 10% federal tax. TIAA-CREF Tuition Financing, Inc., Plan Manager. C13408