College Savings Iowa is proud to partner with Iowa Student Loan who is giving parents a boost to their children’s College Savings Iowa accounts this fall with a $45,000 giveaway. The Save Now, Save Later: College Savings Plan Parent Giveaway is designed to give college-conscious parents valuable knowledge as their high school students begin to make their higher education decisions.
“A key to financially preparing for college is saving money in advance, which minimizes the need for financial aid and reduces potential debt,” Fitzgerald said. “We thank Iowa Student Loan for partnering with us on this giveaway to support parents in their goals and help give their efforts an extra push.”
The Save Now, Save Later: College Savings Plan Parent Giveaway gives parents a chance to register for one of thirty $1,500 contributions to a College Savings Iowa account for their child. The program is open to Iowa residents who have a student in ninth through 12 grade at an Iowa high school. No purchase is necessary and parents need only to complete a custom version of Student Loan Game Plan, an online educational tool offered by Iowa Student Loan, before registering for the giveaway. The information they learn, and Iowa Student Loan’s other tools and resources, can then be shared with their student.
“Iowa Student Loan believes in empowering students and families by providing them with the information they need to make sound college financing decisions,” said Christine Hensley, Iowa Student Loan board chair. “High school is a key time for college planning, which can be a big task, and financial decisions should not be lost in the decision-making process.”
To enter and for official rules, visit IowaStudentLoan.org/SaveNow before November 30. Winners will be notified and announced in January 2016.