This month, the Mississippi Treasury launched a statewide scholarship giveaway, so I’m asking you to take a look in your mailbox for the official scratch-off postcard!
It’s
no secret college tuition prices are rising and families are looking
for help. Today, nearly a half-million Mississippians hold about $15.2
billion of student loan debt. It’s a drain on personal finances, but
also on the state’s economy.
While
I have big concerns about the government (i.e., taxpayers) being forced
to write a blank check for college tuition, I do want to help families
financially prepare in a fiscally responsible way. Mississippi 529
college savings plans, offered through the State Treasury, do just
that.
Like
most things in life, the hardest part about these plans is getting
started. That’s why we’re giving 15 lucky Mississippi families the
opportunity to win an account this month. What’s more, we’re
kickstarting their savings with a $500 scholarship deposit.
To
win, Mississippians will need to keep an eye on their mailboxes for the
scholarship giveaway postcards. If you scratch off a winning ticket,
contact our office and we’ll take care of the rest.
Those
who don’t win are still invited to open an account of their own, which
can be done for as little as a $25 deposit. For full contest rules,
Mississippians are invited to visit Treasury.MS.gov/
A
college degree is expensive, but your State Treasury is doing what we
can to help you reduce or eliminate the need for student loans. Check
your mailbox for the official scratch-off postcard. Good luck!
Mississippi Treasurer David McRae is
the 55th Treasurer for the State of Mississippi. In this role, he helps
manage the state’s cash flow, oversees College Savings Mississippi, and
has returned more than $20 million in unclaimed money to
Mississippians. For more information, visit Treasury.MS.gov.
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