1. For more information about the AFCSP, call 1.800.888.2723 or visit
collegesavings.com/arizona to obtain a Disclosure Statement that
Contact and service discusses investment objectives, risks, charges, expenses, and
AFCSP other important information; read and consider it carefully before
College Savings Bank investing. If you are not an Arizona taxpayer, consider before
investing whether your or the beneficiary’s home state offers any
P.O. Box 3769
“ Princeton, NJ 08543
state tax or other benefits that are only available for investments
in such state’s qualified tuition program. In addition, you should
periodically assess, and if appropriate, adjust your Section 529
“
Client service
Plan investment choices with your time horizon, risk tolerance, and
When you reach the top, keep climbing. 1.800.888.2723
9 a.m. to 6 p.m. Eastern time investment objectives in mind.
UNkNOwN arizona@collegesavings.com The AFCSP is sponsored by the State of Arizona and administered by
the Arizona Commission for Postsecondary Education (ACPE). College
collegesavings.com/arizona Savings Bank serves as a Program Manager for the AFCSP.
Mail
College Savings Bank, as a Program Manager, supports all aspects
If you prefer, you can complete the enclosed Enrollment Form and of the day-to-day operations of the AFCSP, including marketing,
return it with your initial contribution as follows: recordkeeping and administrative support. The AFCSP offers College
Savings Bank issued CDs and a savings account. CDs may be subject
M a i l to: fo r ov er n i g h t M a i l : to early withdrawal penalties. Generally, contributions to and earnings
AFCSP AFCSP on investments in the AFCSP are insured by the FDIC on a pass-through
c/o College Savings Bank basis to each account owner, in the same right and capacity, up to the
c/o College Savings Bank
maximum amount set by federal law, currently $250,000. Under the FDIC
PO Box 3769 5 Vaughn Drive, Suite 100
regulations, accounts that have the same owner and the same designated
Princeton, NJ 08543 Princeton, NJ 08540
beneficiary will be combined for purposes of the $250,000 limitation.
Tax and other penalties may apply to non-qualified withdrawals from a
M a k e c h ec ks a n d el ect r o n i c t r a n s fer s
AFCSP account. You should consult your financial, tax, or other adviser
paya b l e to: AFCSP, CSB as Manager
to learn how state-based benefits (or limitations) will apply to your specific
circumstances. The AFCSP is not insured by the State of Arizona,
Online nor is the principal and interest invested in the plan thereon
guaranteed by the State of Arizona.
Online enrollment makes getting started even more convenient.
Visit us at www.collegesavings.com/arizona/enroll.csb to get
started today.
Questions?
If you should need further assistance, contact a Client Service
Representative toll-free at 1.800.888.2723, Monday through
The path to success starts with
Friday, 9 a.m. to 6 p.m. Eastern time.
You can also email questions or comments to arizona@
a secure college savings plan.
collegesavings.com.
© 2012 Arizona Family College Savings Program. © 2012 College Savings Bank. Member FDIC. All rights reserved. InvestorSure and CollegeSure are
registered trademarks of College Savings Bank. S&P 500 is a registered trademark of The McGraw-Hill Companies, Inc. All other trademarks, service
The Arizona Family College Savings Program
Getting Started is Easy! marks or registered trademarks are the property of their respective owners.
Offered by the ArizOnA COmmissiOn fOr POstseCOndAry eduCAtiOn
mAnAged by COllege sAvings bAnk
AZBP4000

2. Saving for their future today can make
all the difference for tomorrow.
As the costs of college continually rise, it’s important to be prepared and
protect your child’s college savings.
Today’s workforce is becoming increasingly competitive Let the AFCSP make saving easier
as more individuals earn advanced degrees. Now—
Economic conditions continually fluctuate, but one thing
more than ever—ensuring that you are prepared for the
remains constant—the rise of college costs.
future higher education of your child could not be more
important. A college education is an investment that will • Over the previous 50 years college costs have
reap rewards for years to come. increased by an average of 6.47% a year—nearly
double that of general inflation.
Did you know? • For the 2011–2012 academic year, the annual college
• In 2010, full-time employees age 25 and over had inflation rate was 4.36%.
median weekly earnings of $1,138 for those holding at
• with few exceptions, college inflation has steadily risen
least a bachelor’s degree, compared to $629 for high
school graduates with no college education.
over the last ten years. Life is full of twists and turns.
• Over a 40–year career the difference in earnings can
There is no better time to start investing in a 529 plan.
You can open an account for as little as $25. Our FDIC-
By securing your child’s college education now,
be as much as $1 million between a high school
graduate and a college graduate.
insured CD Options can fit any investor’s needs. whether
your child is three years away from college or ten years,
you can have peace of mind for the future.
• Those who complete higher education have more the AFCSP has a principal protected CD option that can
opportunities to enter into occupations yielding higher be right for you. Enroll online, by mail, or over the phone. Offering more than just secure savings options, the AFCSP also allows you
returns in earnings.
to enjoy great tax advantages while saving for a future college education.
Private College (with Private College Public College (with Public College ivy league (with Any U.S. citizen, regardless of income, may establish a when you save for your loved one’s college education
year
room and board) (tuition only) room and board) (tuition only) room and board) tax-favored account for any individual. with the AFCSP, you can enjoy great tax advantages.
2007–2008 $35,272 $26,512 $13,558 $6,191 $45,853
• Use the proceeds toward the costs of nearly any public • Earnings grow federal and Arizona state tax-free and
2008–2009 $37,208 $28,042 $14,364 $6,591 $47,626 or private, two-year or four-year college in the U.S. or distributions to pay qualified education expenses are
2009–2010 $38,799 $29,247 $15,212 $7,050 $49,443 abroad, as long as the student is enrolled in an eligible also federal and Arizona state tax-free.
2010–2011 $40,408 $30,404 $16,140 $7,605 $51,562 U.S.-accredited college, university or technical school.
• Arizona Residents are entitled to a $750 deduction to
2011-2012 $42,168 $31,710 $18,975 $8,391 $53,806
• An account owner can control assets and determine gross income per taxpayer, or $1,500 for those married,
Source: Public college costs and percentage increases are derived from ‘Trends in College Pricing’ ©2010 The College Board (available at trends. how they are used. filing jointly based on contributions to any college 529
collegeboard.org). Private college costs and percentage increases are based on the Independent College 500 Index ©2010 The College Board
(available at professionals.collegeboard.com). General inflation figure based on the Consumer Price Index produced by the Bureau of Labor Statistics,
including the AFCSP.
• High contribution limits: The current maximum
unadjusted 12 months ending June 30, 2001–2010.
contribution limit is $340,000. • Participants also benefit through tax-free gifting.
Eligible college expenses include tuition, fees, textbooks, • If your child decides not to attend college, you may
supplies and certain equipment required to attend an transfer the account to a member of the family of the
eligible institution. If the student’s enrollment qualifies beneficiary without incurring taxes or penalties.
for at least half time, room and board expenses are also
eligible up to a specified level.
4 the arizona family college savings program www.collegesavings.com/arizona | 1.800.888.2723 1

3. Unique & secure deposit options to ensure the
path to college education is well planned.
with the AFCSP, you and your family will be able to rest easy knowing the InvestorSure® CD
funds you put aside for your loved one’s future will be safe. Losing principal in the stock market is a real risk, but not with the InvestorSure CD.
• Unlike many investments, the InvestorSure CD does not risk principal when held to maturity. It is indexed to the Standard
CollegeSure CD ®
& Poor’s® 500 Composite Stock Index (S&P 500®).
with a 23 year history, the CollegeSure CD has a proven track record of helping families, like yours, save for future higher • Should the value of the S&P 500 decline over the investment period, you will receive your full investment back at maturity.
education costs. Funds held to maturity will also receive a percentage of the average increase in the S&P 500 based upon a specific formula.
• The CollegeSure CD is a variable rate CD indexed to college costs. It pays an annual percentage yield tied to the rise • InvestorSure CDs will pay, based on a specific formula, 70% of the increase in the S&P 500 at maturity as determined
in college costs as measured by the Independent College 500 IC 500® Index (IC 500). by averaging the closing value of the S&P 500 over the 20 quarterly observations throughout the term of the CD. The
• The CollegeSure CD provides safety and flexibility. Maturities range from 1 to 22 years and each CollegeSure CD is averaging further protects your investment from wide swings in the S&P 500 as your investment approaches maturity.
FDIC-insured up to $250,000 per depositor, so your principal is protected.
investorsure Cd: 20-year, 10-year and 5-year historical rates of return***
• The chart below illustrates how an initial investment of $1,000.00 over a 5-year term will yield a greater return when
invested in the CollegeSure CD as compared to an average National Fixed Rate CD. issue date 11/86-8/06 11/96-8/06 11/01-8/06
maturity date 11/91-8/11 11/01-8/11 11/06-8/11
Average fixed rate Cd Compared to the Collegesure Cd (Assuming a 5-year term and $1,000.00 initial deposit) number of Cds 80 40 20
Average national fixed rate* Collegesure Cd** Average APy 3.65% 1.76% 1.74%
Projected College taxable equivalent earnings**** 5.07% 2.45% 2.41%
date balance APy balance APy
Inflation
8/1/11 $1,000.00 $1,000.00 4.36% Fixed Rate CDs
8/1/12 $1,012.60 1.26% $1,016.50 2.11% 4.58% Fixed Rate CDs are a convenient way to save for a college education while earning competitive rates.
8/1/13 $1,025.36 1.26% $1,038.35 2.33% 4.81%
• Fixed Rate CDs are a dependable investment option, with maturity options of both 1- and 3-year.
8/1/14 $1,038.28 1.26% $1,065.87 2.56% 5.05%
• Each Fixed Rate CD provides the safety of FDIC insurance while earning a fixed rate of return for the entire term of the CD.
8/1/15 $1,051.36 1.26% $1,099.45 2.80% 5.30%
• Your rate of return is determined when the CD is opened, so you will be able to calculate the exact value of your account
8/1/16 $1,064.61 1.26% $1,139.58 3.05% 5.56%
at maturity.
Average College
total return Average APy total return Average APy
Inflation
fixed rate Cd interest rate 3-year history*****
$64.61 1.26% $135.16 2.46% 5.15%
2009 2010 2011
* National fixed rate CD statistics provided by Federal Deposit Insurance Corporation (FDIC) weekly National Rates and Rate Caps: College savings bank 1-year 1.25% 0.63% 0.39%
http://www.fdic.gov/regulations/resources/rates/index.html as of 10/31/11.
treasury 1-year 0.47% 0.32% 0.17%
** CollegeSure CD interest rate is based on an issue margin of 2.25% for a 5-year CollegeSure CD and interest rate cap of 5.11%, as of 10/31/11.
Projected college inflation assumes a 5% increase each year since 2011. College savings bank 3-year 2.46% 1.85% 1.13%
treasury 3-year 1.43% 1.16% 0.80%
*** The InvestorSure CD was introduced to the market on February 1, 2008. Historical analysis is purely hypothetical and applies the current product
upside payment formula to a period of time in which the product was not available.
**** Taxable equivalent analysis assumes the investor is within the 28% federal income tax bracket.
***** Reflects the daily average rates for each CD maturity.
2 the arizona family college savings program www.collegesavings.com/arizona | 1.800.888.2723 3

4. Every road brings with it new possibilities.
Let the AFCSP lead the way.
Selecting the right college savings option is an important
decision for the future of your ‘loved ones’. Unlike retirement
savings, funding a college education has a relatively short
time horizon and may warrant a more conservative investment
strategy geared toward protecting assets for the future.
All of the savings options featured in this enrollment package
include principal protection and the security of FDIC insurance
up to the maximum allowable limit—currently $250,000 per
depositor held in the same right and capacity. The Arizona
Family College Savings Program (“AFCSP”) is designed for
parents and grandparents who are not comfortable risking their
investment—their child’s college savings fund.
Launched in 1999, the AFCSP is designed to help families
meet the rising costs of a higher education through a well-
contracted line-up of FDIC-insured certificates of deposit.
College Savings Bank, a Program Manager, is the largest 529
plan provider focused exclusively on FDIC-insured deposits.
They are the safety-first company; stable, secure, consistent,
solid and proof positive that strong and steady lasts the race.
Selecting the right college savings option is a very important
decision—it’s time to consider a savings option that you can
be sure about.
“
“
Set your goals high, and don’t stop ‘till you get there
BO JACkSON