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Auditors give clean opinion on college savings plans; treasurer cites $32 billion in assets and $20 million revenue forecast

Fiscal Committee · February 21, 2026
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Summary

PricewaterhouseCoopers presented clean audit opinions for the state's college savings structures; Treasurer Monica Mizzapeli said plan assets exceed $32 billion and the state expects about $20 million in revenue for scholarship programs this year.

State auditors and the external auditor PricewaterhouseCoopers told the Fiscal Committee the annual audits for the state's college savings plans produced clean opinions and no material weaknesses. Christine Young, director of audits for the Legislative Budget Assistant's office, introduced the reports and PwC…

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