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In celebrating College Savings Month, Indiana529 is holding an education sweepstakes through the month of September in which one Hoosier family will be selected to win $10,000 to use for a college or apprenticeship program of their choice.
In order to win, participants 18 years of age and older are required to complete the entry form by 11:59 p.m. on September 30th. The winner will then be randomly selected for the deposit into an Indiana529 account.
“Whether it’s tech, trade, registered apprenticeships or traditional college, a child’s dreams are worth saving for,” said Daniel Elliott, Indiana Treasurer of State. “We’re proud to offer one Indiana family $10,000 in an Indiana529 plan to jumpstart those savings.”
Indiana529 funds can be used at any eligible schools or apprenticeship programs in and out of state. Accounts grow tax-deferred, and distributions are tax-free if the money is used for qualified education expenses.
“Indiana529 is an amazing tool for parents, grandparents and even aunts and uncles to give the young person in their life a financial boost for the future,” said Marissa Rowe, executive director of the program. “Their dreams are worth saving for and $10,000 is an incredibly strong start.”
For more information or to enter into the sweepstakes, please visit MyIndiana529.com/sweepstakes.