Qualified State Tuition Programs are a great way to save for your child's education. There are many states that offer such a program. North Dakota will start the College SAVE Program in September 2001. You can choose to invest in the ND program or another state, depending on where your child would like to attend college. Here is how the program works. An account is set up with the state of your choice.  The owner names a beneficiary who will attend college.  The earnings of the account grow tax free.  When the beneficiary is ready to attend college, the money is withdrawn tax free to cover expenses, such as tuition, books, supplies and equipment, and in certain cases, room and board.  If the beneficiary chooses not to attend college, a new beneficiary can be named.  If the beneficiary receives a scholarship, funds can be returned to the account owner without penalty.  There are many other details to this program, so for more information, contact the Bank of North Dakota at 1-800-472-2166. You can also visit their website, www.banknd.com, which has a link to the College SAVE website.