CollegeChoice 529 Launches $10,000 Education Sweepstakes
Winners will be randomly selected from all eligible entries.
INDIANAPOLIS – September is National College Savings Month, and Gov. Eric Holcomb emphasized the importance of saving for education in his proclamation establishing September 2022 as Indiana’s College Savings Month. To commemorate this, he will be selected one individual who can earn his deposit of $10,000 into his account at CollegeChoice 529 Education Sweepstakes.
To enter the Sweepstakes, individuals over the age of 18 must complete the entry form available at www.collegechoicedirect.com/september by 11:59pm on September 30, 2022. $10,000 CollegeChoice 529 account deposit.
“With the school year in full swing and school in mind, there’s never been a better time for the Hoosiers to start saving for their educational goals,” said Indiana Treasurer Kerry Mitchell. . “This $10,000 gift of his will have a huge impact whether the family is saving for a technical or trade program, a registered apprenticeship, or her four-year degree.”
CollegeChoice 529 offers account holders and gift donors flexibility regarding savings for post-high school education. Funds can be used in any eligible school or registered apprenticeship program, in-state or out-of-state. As long as the money is withdrawn to pay for eligible educational expenses such as tuition, books, computers, equipment and fees, the account will be tax deferred and distributions will be tax exempt.
Indiana taxpayers may be eligible for an annual state income tax credit of up to $1,000 ($500 for married couples filing separately), equal to 20% of contributions to a CollegeChoice 529 account. I have.
Program Executive Director Marissa Rowe said: “Imagine what a Hoosier student could do with $10,000.”
See www.collegechoicedirect.com/september for full contest rules and how to enter. For more information on CollegeChoice 529 Savings Plans, visit www.collegechoicedirect.com/plans.