Nevada Program Promotes College Savings

By: AP Email
By: AP Email

CARSON CITY, Nev. (AP) - Open enrollment is underway for Nevada families wanting to accelerate college savings.

The Silver State Matching Grant Program provides up to $300 in matching funds each year, up to a lifetime benefit of $1,500, to eligible participants.

The 2014 enrollment period ends July 31.

State Treasurer Kate Marshall says matching grants are available to Nevada families with an adjusted gross income of less than $75,000 who have an SSgA Upromise 529 college savings account.

Matching funds come from fees Nevada receives for managing the program. No taxpayer dollars are used.

Both the account owner and the beneficiary must be Nevada residents to qualify. Additionally, the beneficiary must be 13 years old or younger when the first matching grant is approved.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 254416681 - kolotv.com/a?a=254416681
Gray Television, Inc.