November 11
ÐÓ°ÉÔ°æ 529 announces 2019 scholarship account winner
WHAT: A lucky Soldotna woman will receive an early birthday surprise-- a $25,000 scholarship. Marta
Taylor thinks that she is having lunch with her husband and daughter to celebrate her
birthday. She doesn’t know that representatives from the Education Trust of ÐÓ°ÉÔ°æ will
present her with a college scholarship check and a birthday cake. Taylor was selected
in a random drawing as the winner of a $25,000 scholarship from ÐÓ°ÉÔ°æ 529’s Scholarship
Account Giveaway. This is the first time she checked the box on her PFD application
to contribute half of her PFD to an ÐÓ°ÉÔ°æ 529 education savings account.
WHO: Marta Taylor, a Soldotna resident who is taking online courses in computer science.
WHEN: 12 p.m. on Monday, Nov. 11.
WHERE: Froso's Family Dining, 35433 Kenai Spur Highway in Soldotna.
BACKGROUND: ÐÓ°ÉÔ°æ 529 was established in 2001 to encourage individuals to save for college. Individuals
enrolled in ÐÓ°ÉÔ°æ 529 may use their account to pay for education expenses at any
eligible college, university, or vocational/technical school in ÐÓ°ÉÔ°æ or the Lower 48
or K-12 tuition at public, private or religious schools. Families can open one of
the tax-advantaged accounts with their PFD contribution, or with as little as $25
a month. Since 2008, the Education Trust of ÐÓ°ÉÔ°æ has drawn one winner annually from
among the thousands of ÐÓ°ÉÔ°æns who checked the box to deposit at least half of their
PFD into an ÐÓ°ÉÔ°æ 529 savings account. The promotion provides ÐÓ°ÉÔ°æ families an
extra incentive to save their PFD for education expenses. This year, 13,056 applicants entered
the drawing. Learn more at ÐÓ°ÉÔ°æ529plan.com.
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For more information, contact Lael Oldmixon, director of ÐÓ°ÉÔ°æ 529 at (802) 310-9563.