Freshman Fund is a fairly new service that I learned about through Center Networks. Freshman Fund is essentially a gift registry for 529 college savings plans. Users can register on the website to receive contributions to their 529 plan.
This service looks like it could be a good way for “long lost” relatives to donate to a child’s college savings fund. This holiday season when “that” uncle or aunt asks what they should give to your child you can direct him or her to Freshman Fund through which they can make a contribution to the child’s 529 savings plan.
This video recorded by Allen Stern of Center Networks features Freshman Fund’s founder explaining the service.