November 11

ÌÇÐÄÖ±²¥ÊÓÆµ 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 ÌÇÐÄÖ±²¥ÊÓÆµ 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 ÌÇÐÄÖ±²¥ÊÓÆµ 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 ÌÇÐÄÖ±²¥ÊÓÆµ 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: ÌÇÐÄÖ±²¥ÊÓÆµ 529 was established in 2001 to encourage individuals to save for college. Individuals enrolled in ÌÇÐÄÖ±²¥ÊÓÆµ 529 may use their account to pay for education expenses at any eligible college, university, or vocational/technical school in ÌÇÐÄÖ±²¥ÊÓÆµ 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 ÌÇÐÄÖ±²¥ÊÓÆµ has drawn one winner annually from among the thousands of ÌÇÐÄÖ±²¥ÊÓÆµns who checked the box to deposit at least half of their PFD into an ÌÇÐÄÖ±²¥ÊÓÆµ 529 savings account. The promotion provides ÌÇÐÄÖ±²¥ÊÓÆµ families an extra incentive to save their PFD for education expenses. This year, 13,056 applicants entered the drawing. Learn more at ÌÇÐÄÖ±²¥ÊÓÆµ529plan.com.

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For more information, contact Lael Oldmixon, director of ÌÇÐÄÖ±²¥ÊÓÆµ 529 at (802) 310-9563.