Utah Educational Savings Plan

The Utah Educational Savings Plan Privacy Policy

Information We Collect About You
We respect the account owner’s right to privacy and recognize our obligation to keep your information secure and confidential. As administrator of the Utah Educational Savings Plan (UESP), we collect non-public personal information about you and your beneficiary from the following sources:

Applications or other forms you submit to UESP
Your transactions with UESP or others
Third-parties designated to verify your identity or to prevent fraud

Personal information collected from any source may include, among other things, your name, address, Social Security or Taxpayer Identification Number, and date of birth.

How We Manage Your Personal Information
We do not disclose any non-public personal information about our account owners or former account owners to anyone, except as required by law. We restrict access to non-public personal information about account owners to those employees who need to know such information to provide services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your non-public personal information.

We Protect Your Privacy Online
Our Web site employs the use of data encryption via the Secure Sockets Layer (SSL) protocol, and user names and passwords. These technologies provide a high level of security and privacy when you access your account information or perform online transactions.

When you visit the UESP Web site, we may obtain certain technical and navigational information, such as computer browser type, Internet protocol address, pages visited, and average time spent on our Web site. This information will help us analyze and improve our Web design and functionality.

Certain browsers—including the latest versions of Internet Explorer and Firefox—will highlight the address bar in green. This guards against “phishing” attacks by confirming that the Web page you are visiting is part of the official UESP Web site. A technology called extended validation certificates makes this possible. UESP passed an independent audit to obtain this certificate from a leading certificate authority company. (Other browsers may recognize extended validation certificates in the future.)

What You Can Do
Account owners should keep their account information confidential to help protect themselves and their accounts. Anyone who suspects unauthorized activity on their account should contact UESP or any other appropriate authorities immediately. We reserve the right to modify this policy at anytime.

Investors should read the Program Description and consider all investment objectives, risks, charges, and expenses before investing. The Program Description is available for download on the Web or a hard copy can be mailed to you by requesting it online from this Web site.

FDIC Insurance. Except for the underlying investment specified below, investments in UESP are not insured by the Federal Deposit Insurance Corporation (FDIC). FDIC insurance is provided for the FDIC-insured savings account held in trust by UESP at Zions First National Bank (Bank). Funds in the savings account are insured by the FDIC on a pass-through basis to each account owner up to the maximum amount set by federal law—currently $250,000 through December 31, 2013, and $100,000 thereafter. The amount of FDIC insurance provided to an account owner is based on the total of (1) the value of an account owner’s investment in UESP’s FDIC-insured savings account plus (2) the value of other accounts held (if any) at the Bank, as determined by the Bank and by FDIC regulations.

No Other Insurance and No Guarantees. Investments in UESP are not insured nor guaranteed by the State of Utah, UESP, the Utah State Board of Regents, the Utah Higher Education Assistance Authority, other state agencies, federal government agencies (except to the extent noted above regarding FDIC insurance ), or any employees or directors of any such entities. Units in UESP have not been registered with the United States Securities and Exchange Commission or with any state securities commission.

Account Value. The value of your UESP account may vary depending on market conditions and the performance of the investment option you select. It could be more or less than the amount you contribute; in short, your investment could lose value. However, subject to the application of Bank and FDIC rules and regulations to each account owner, funds in UESP’s FDIC-insured savings account will retain their value, whether in Option 11 or when allocated to portions of Options 2, 7, 8, and 9.

Non-Utah taxpayers and residents: You should determine whether the state in which you or your beneficiary pay taxes or live offers a 529 plan that provides state tax or other benefits not otherwise available to you by investing in UESP. You should consider such state tax treatment and benefits, if any, before investing in UESP.