ATLANTA — The Path2College 529 Plan, Georgia’s 529 college-savings plan, recently kicked off its $25,000 Reasons to Save Sweepstakes, which will award one Georgia child with $15,000 for his or her college education and the winner’s school also will receive $10,000.
“After the holidays, finances are on the minds of many families. We want to remind Georgia parents and grandparents to think about the importance of saving for college as they do their financial planning for the year,” said Mitch Seabaugh, executive director of Georgia’s Path2College 529 Plan.
The sweepstakes is open to Path2College 529 Plan account owners (regardless of state of residency) and non-Path2College 529 Plan account owners who are Georgia residents 21 years of age or older. All entrants must be a parent, legal guardian or grandparent of a child age eighteen or under (at the time of entry) who is a Georgia resident. The sweepstakes’ official rules, prize details and entry form are available at www.Path2College529.com. No purchase necessary. Void where prohibited.
Throughout the sweepstakes, which runs through Aug. 10, Seabaugh will be traveling across the state to talk with civic organizations, schools and other groups to inform them about Georgia’s Path2College 529 Plan and remind families about the importance of financial planning for their child’s education.
“Our goal is to reach more families each year and get more children on the path to college,” Seabaugh said.
The Path2College 529 Plan allows families to open and contribute to an account with as little as $25 at a time, and the contributions have both federal- and Georgia-tax advantages. For more information, go to www.Path2College529.com.