The TNStars College Savings 529 Program announced a $10,000 scholarship giveaway for this month . Ten Tennessee kids will win a $1,000 college scholarship into a TNStars account, just for entering online. A program of the Tennessee Treasury Department, TNStars encourages all to give the gift of the future this holiday. Daily winners will be drawn at random . All legal Tennessee residents age21 and older can enter to win on behalf of a child .. One entry is good for the entire contest period. To enter, visit tnstars.com/holiday-sweeps/. There is no purchase necessary to enter, but winners will need to establish a TNStars account where the scholarship will be deposited. The scholarship money will be invested on behalf of the winning beneficiary to cover future post-secondary education expenses.
“When you open a college savings account, you are promising your children a brighter future. We are excited to give ten Tennessee children that gift this December,” said Treasurer David H. Lillard, Jr.
Nationally ranked for investment performance, TNStars is designed to give Tennessee families high quality investment options at a low cost to help them put aside money for higher education expenses. Tennesseans can invest directly with the program and money can be withdrawn tax-free from a TNStars account as long as it is used for qualified post-secondary education expenses.
In addition to the scholarship giveaway, TNStars recently announced special holiday incentives for both new and existing accounts. This December, those who open a new TNStars account with as little as $100 can get a $25 holiday gift added to their account. Or, both new and existing accounts can receive a special $100 gift for every $1000 contributed to their TNStars account, up to a $500 gift.
To enter the scholarship giveaway or to get more information on the program, visit TNStars.com. TNStars is a registered trademark of the Tennessee Treasury Department.
