Nevada $529 College Savings Day Contest Winners Announced - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Nevada $529 College Savings Day Contest Winners Announced

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From the Office the State Treasurer:

State Treasurer Kate Marshall today announced the recipients of the fifth annual Nevada $529 College Savings Day Contest, which is sponsored by the State Treasurer's Office and The College Savings Board. The contest was open to all Nevada Kindergarten through 5th grade students, with the prize being a $529 gift to be used to open an SSgA Upromise 529 Plan (the "Plan") college savings account, or to enhance an existing Nevada College Savings Plan account.

Five students from Clark County, three from Washoe County, and two each from northern rural Nevada and southern rural Nevada were selected via a random drawing. This year's recipients are:

· Nye County Hannah Johnson K J. G. Johnson Elementary
· Nye County Jacob Antonio Bohn-Vargas 1st J. G. Johnson Elementary
· Clark County Jose Galvez 4th Lee Antonello Elementary
· Clark County Aza Vant Jones 3rd Scott Elementary
· Clark County Yazmin Castillo-Figueroa 2nd JM Ullom Elementary
· Clark County Miranda Gubler 3rd Sue Morrow Elementary
· Clark County Sophia De Guzman 1st Helen Jydstrup Elementary
· Washoe County Allison Defer 1st Marvin Moss Elementary
· Washoe County Allison Tallman 4th Van Gorder Elementary
· Washoe County Abagail Sheats 2nd Donner Springs Elementary
· Lyon County Vincent Ogo 2nd Silver Stage Elementary
· Douglas County Molly Cloutier 3rd CC Meneley Elementary

"We received over 2,700 entries from across our state, to which we owe a great deal of gratitude to the many school administrators and teachers who encouraged their students to enter the contest," Marshall said. "Research shows that children with a college savings account are up to seven times more likely to attend college than those without an account, no matter how much funding is in the account1. This contest is designed to start the recipients on a path of college savings, as well as inform all contest entrants of the advantages of planning today for tomorrow's higher education related expenses."

The theme of the contest is "I want to go to college so I can become a___________." Those entering the contest had the choice of completing the sentence and either submitting a drawing of the career choice in the box included on the Official Entry Form or to submit an essay of no more than 50 words about the student's career ambition. The 12 winners were selected via a random drawing of all submissions.

Marshall said the Nevada College Savings Plans program has a variety of college savings options and payment plans, including several programs aimed specifically at assisting Nevada families with the task of savings for college:

The Silver State Matching Grant program provides lower-to-middle income Nevada families with an Adjusted Gross Income (AGI) of $74,999 or less with an enhanced opportunity to save for their children's college education. The Silver State Matching Grant allows qualifying Nevada families who are SSgA Upromise 529 Plan account owners to be considered for a matching grant of up to $300 of extra college savings per calendar year, with a lifetime maximum grant of $1,500. The program is accepting applications through July 31, 2013. Go to https://uii.s.upromise.com/content/match.html to find out how to apply.

The Ugift program provides family members and friends an opportunity to contribute to a child's college savings plan. Ugift is an online resource connected with the SSgA Upromise 529 Plan and USAA College Savings Plan. It provides a convenient and easy way for account owners to suggest to family and friends that they celebrate a child's milestones with the gift of college savings. With graduation ceremonies taking place across the state in May and June, it is a great time to alert family and friends about the program. All Ugift contributions are uniquely earmarked and invested into the beneficiary's 529 college savings plan account to ultimately be used for college-related expenses.

For more information about the Nevada's College Savings Plans program, go to https://NevadaTreasurer.gov, and click on the College Savings Plans link in the navigation bar at the top of the page.

From the Office the State Treasurer

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