COLUMBUS, Ohio--(BUSINESS WIRE)--In honor of National 529 Day, Ohio’s 529 Plan, CollegeAdvantage, will award a $529 college savings award to one lucky student. The give-away began today and will run until Sunday, June 10, 2018. Ohio’s 529 Plan, CollegeAdvantage, along with other 529 plans around the country will celebrate National 529 Day on Tuesday, May 29. 529 Day was created to raise awareness regarding the importance of planning and saving for higher education and how investing in a 529 college savings plan can help make saving for college easier.
“Winning a CollegeAdvantage savings award can help jump start a family’s plan to save for college,” said Tim Gorrell, executive director of Ohio Tuition Trust Authority, the state agency that administers Ohio’s 529 Plan.
Individuals can enter to win by going to the website for Ohio’s 529 Plan, CollegeAdvantage.com. No purchase is necessary and one entry per email address per day is allowed. This sweepstakes is open to anyone in the country 18 years or older. Current CollegeAdvantage account owners are also eligible to enter. The $529 college savings award will be awarded as a contribution to an existing CollegeAdvantage account or can be used to open a new CollegeAdvantage Direct account.
May is graduation season, whether it’s from preschool, elementary, middle or high school. What better way to say, “congratulations and well-done” than with the gift of higher education. It’s easy for family and friends to give the gift of higher education when they use Ugift. It’s a seamless process that allows others to donate directly to one's CollegeAdvantage account. If your family and friends are Ohio taxpayers, they, too, can deduct their own contribution from their Ohio taxable income.
About CollegeAdvantage Direct 529 Savings Plan:
CollegeAdvantage is the Ohio’s 529 college savings plan. CollegeAdvantage is administered and managed by the Ohio Tuition Trust Authority, a state agency under the office of the Chancellor of the Ohio Department of Higher Education. CollegeAdvantage offers families a tax-advantaged way to save for college by offering a variety of investment options from ready-made, age-based or ready-made, risk based portfolios; to investment vehicles to build a portfolio based on your individual investing preferences; to FDIC-insured banking options. To date, CollegeAdvantage has more than 639,000 active accounts with more than $11.3 billion in assets under management. To learn more about saving for college, go to Collegeadvantage.com.