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Give your savings a head start

Get a Backer Boost and we'll give you a $1,000 advance on your savings, so your fund can grow faster from day one.

Get a boost
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Make saving
a habit

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A boost is an easy way to build up your fund — and your confidence. Your fund can start to grow, and you'll see how quickly those savings stack up.

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Over time, your monthly contributions will cover the boost — but you'll get to keep all of the extra money you earn from starting with a larger investment.

How it works

🚀

1. Get a boost

We'll advance $1,000 into your fund to get you started.

💰

2. Start saving

Over time, your monthly contributions will pay back the boost.

🔮

3. Double your earnings

Start with a boost and you could double your first year returns, a huge head start in saving for college.

A smarter way
to save

College might feel like it's a long way off, but now is the most important time to save if you want to set your kids up for a future without student loans.

Any financial advisor will tell you the same thing: when you're saving for something long-term, you should put as much as you can into your fund at the very start.

It's all about the power of compound growth — or as Albert Einstein put it, “the eighth wonder of the world.”

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Compound growth

Compound growth is what happens when your investment returns are reinvested, and can start generating their own returns. It's the thing that makes investments grow faster over time.

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student

It's a great idea in theory. But what if you're not set up to save that way?

And let's be real — most families aren't set up for that kind of upfront contribution.

Which means most families are missing out on something that can make a big difference when it's time to pay for college.

So we wanted to find a way to help more Backer families tap into the power of compound growth — even if they don't have the money ready to go, right now.

That's where the boost comes in. 🚀

What's the catch? (Spoiler: there isn't one.)

A boost is included in your monthly Backer membership.

It's not a loan, there's no credit check, and you're not locked into anything. It's just an easy way to maximize your savings — with a little help from us.

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Want to know exactly how it works? It's all right here 👇🏼

What is a boost?

When you boost your fund we'll give you an advance on your first year of savings. It's a way for you to maximize your savings, because a full year's worth of money can grow tax-free from the very beginning.


Your monthly contributions will pay off the boost over the year. Technically you'll contribute the same amount — but a larger upfront investment could grow a lot more thanks to the power of compound growth.


It's not a loan, and you're not locked in if you change your mind about how much you can contribute each month. It's just our way of helping you get a jump on the process and maximize your returns early on.

Why does the boost grow faster than saving a bit at a time?

Once you set up a 529 plan with Backer, your contributions will be invested in a secure, government-sponsored plan.


With any long-term investment, it helps to start your fund with a bigger upfront contribution. When you invest more early on, you'll benefit from the power of compound growth—which helps your money grow faster over time.


But most families aren't set up to save that way, and that's why we've created the boost. We can advance your first year of contributions, which means your investment can start to grow right away.


When you start with a boost, you can expect your first year's returns to be about double what they would be without a boost.

How long do I have to pay back the boost?

To maximize your savings, you should aim to pay back your boost within 12 months.


Here's how it works: During the first year, your fund will earn investment returns on your boosted total. If you contribute the full boost amount within the year, we'll add any investment gains to your fund and you'll continue to earn on that full amount.


If you don't contribute the boost amount within a year, then the boost will go away and you'll only earn investment returns on the amount you've contributed.


For example, if you start with a $1000 boost and have only contributed $400 by the end of the year, from that point on you'll only be earning returns on the $400 you've contributed.

Does the boost cost anything?

Your boost is part of your monthly Backer membership. Check out all the details on our pricing page.

Can I cancel the boost?

Yes, you can cancel the boost at any time. You'll get to keep the amount you and your backers have contributed and the investment gains on that amount, but you'll lose any extra boost earnings.

“A friend recommended I check out Backer and I'm so glad I did. It's fun and fast to get started and I've already saved a lot more than I expected because of how simple it is for family and friends to contribute.”

Edgar C., a Backer dad

rocket-ship

“A friend recommended I check out Backer and I'm so glad I did. It's fun and fast to get started and I've already saved a lot more than I expected because of how simple it is for family and friends to contribute.”

Edgar C., a Backer dad

rocket-ship

Want to know exactly how it works? It's all right here 👇🏼

What is a boost?

When you boost your fund we'll give you an advance on your first year of savings. It's a way for you to maximize your savings, because a full year's worth of money can grow tax-free from the very beginning.


Your monthly contributions will pay off the boost over the year. Technically you'll contribute the same amount — but a larger upfront investment could grow a lot more thanks to the power of compound growth.


It's not a loan, and you're not locked in if you change your mind about how much you can contribute each month. It's just our way of helping you get a jump on the process and maximize your returns early on.

Why does the boost grow faster than saving a bit at a time?

Once you set up a 529 plan with Backer, your contributions will be invested in a secure, government-sponsored plan.


With any long-term investment, it helps to start your fund with a bigger upfront contribution. When you invest more early on, you'll benefit from the power of compound growth—which helps your money grow faster over time.


But most families aren't set up to save that way, and that's why we've created the boost. We can advance your first year of contributions, which means your investment can start to grow right away.


When you start with a boost, you can expect your first year's returns to be about double what they would be without a boost.

How long do I have to pay back the boost?

To maximize your savings, you should aim to pay back your boost within 12 months.


Here's how it works: During the first year, your fund will earn investment returns on your boosted total. If you contribute the full boost amount within the year, we'll add any investment gains to your fund and you'll continue to earn on that full amount.


If you don't contribute the boost amount within a year, then the boost will go away and you'll only earn investment returns on the amount you've contributed.


For example, if you start with a $1000 boost and have only contributed $400 by the end of the year, from that point on you'll only be earning returns on the $400 you've contributed.

Does the boost cost anything?

Your boost is part of your monthly Backer membership. Check out all the details on our pricing page.

Can I cancel the boost?

Yes, you can cancel the boost at any time. You'll get to keep the amount you and your backers have contributed and the investment gains on that amount, but you'll lose any extra boost earnings.

Boost your fund

Open your college fund and start saving in 5 minutes — and we'll set up your boost along the way.

Get started
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