Saving for College With VHEIP
CELEBRATE VERMONT'S 529 DAY THIS MAY
. . . and enter to win $529 in college savings
In honor of National 529 Day on May 29th, VSAC, state administrator of the Vermont Higher Education Investment Plan, is launching a month of saving for college events:
- During the month of May, any Vermont resident or any VHEIP account owner is invited to enter a drawing for a chance at a $529 deposit into a new or existing VHEIP college savings account.
- VSAC is also joining with the Vermont Association of Hospitals and Health Systems to give a $100 college savings account to every baby born in the state on May 29.
- Throughout the summer, VSAC is teaming up with the Vermont Lake Monsters and the Burlington Moms Blog to encourage college savings, with events at the ballpark and beyond. Find out more about what’s in store at www.vheip.org/CHAMP.
SEE WHAT A $25 CONTRIBUTION CAN DO.
For most families, saving enough to pay for the costs of higher education can seem overwhelming. But with a little planning, funding a college education can be easier to achieve than you might think. And as you save with the Vermont Higher Education Investment Plan (VHEIP), you can benefit with a Vermont state income tax credit and other tax advantages.
Start saving now to make education opportunities possible for your children or loved ones.
VHEIP QUICK FACTS
... has a low minimum contribution; open an account with just $25!
... savings can be used at eligible higher education institutions throughout the U.S.—as well as many schools in Canada and around the world
... savings can be used for tuition and fees, room and board, books and supplies, and education expenses for students with special needs
… is the only 529 college savings plan that offers a Vermont state income tax credit on annual contributions
… is sponsored by VSAC
Give the gift of education!
Now is the perfect time to open a college savings account or invite friends and family to contribute to college savings as a gift!