Parents Encouraged to Enter Nevada $529 College Savings Day Contest
From the Washoe County School District:
The Washoe County School District is encouraging parents with children age 13 or younger to enter the sixth annual Nevada $529 College Savings Day Contest, sponsored by The Nevada State Treasurer’s Office and the Nevada College Savings Board.
“National research has shown 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 account,” said Nevada State Treasurer Kate Marshall. “As State Treasurer and administrator of the Nevada College Savings Plans Program, one of my top priorities has been to show parents how they can begin to plan today for their child’s future higher education needs. As an example, you can now open an account for as little as $15 and then make affordable contributions that fit your individual budget. Each of our children deserves the opportunity to attend college, and this program can help make that dream come true.”
Twelve students will win a $529 contribution which will be used to open an SSgA Upromise 529 Plan account, or to enhance an existing account. Nevada residents with children age 13 or younger may enter the contest before the deadline of June 30, 2014.
No state taxpayer dollars are used to fund the contest; all prize money awarded is derived from program manager fees paid to the Nevada College Savings Plans Program by its private sector partners.
To enter the contest, parents may visit ssga.upromise529.com/giveaway, or download an official entry form on that site and submit the form via regular mail. All entries must be received by the State Treasurer’s Office no later than June 30, 2014. Winners will be selected via a random drawing and will be notified by phone and email no later than July 18, 2014.
For more information about saving for college, or to find out how you can open a college savings plan account for your child, go to Nevadas529.com.