COLORADO FAMILIES BENEFIT FROM COLLEGEINVEST SCHOLARSHIPS AND MATCHING GRANTS
CONTACT: Susan Hagar (720) 935-1777 hagarcomm@comcast.net
Denver, CO, October 5, 2011 – CollegeInvest, Colorado’s non-profit, state-sponsored 529 savings resource, announced today that it has awarded more than $950,000 in college scholarships to Colorado students so far this year.
In addition, CollegeInvest’s Matching Grant Program continues to expand. Since it’s inception in 2005, the program has contributed nearly $300,000 in matching funds to the 529 savings accounts of hundreds of low-income families across the state.
CollegeInvest works to help families prepare for the financial challenges associated with higher education. The agency provides expert information, simple financial planning tools, and tax-advantaged 529 savings plans. To augment its core mission and further encourage individual savings, CollegeInvest also offers scholarship and matching grant programs to help families enhance their savings potential.
“We recognize that saving for college is especially challenging right now, commented Angela Baier, Chief Marketing Officer for CollegeInvest. “In addition to our full menu of savings plans, we are proud to offer these supplementary resources to hard working Colorado families.”
About CollegeInvest
CollegeInvest is a not-for-profit division of the Colorado Department of Higher Education. Since 1979, CollegeInvest has helped Colorado families break down the financial barriers to college by providing expert information, simple planning tools, and college savings plans. For more information, visit www.collegeinvest.org or call 1-800-448-2424 or contact your financial advisor.
Important Considerations
To learn about CollegeInvest’s 529 program, its objectives, risks, charges, expenses, limitations, restrictions and qualifications regarding the Plans’ benefits and potential tax advantages, please read and consider carefully the Program Disclosure Statements (PDS) available at www.collegeinvest.org before investing. Also, check with your or your beneficiary’s home state to learn if it offers tax or other benefits for investing in its own plan. Administered and issued by CollegeInvest. CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest. Copyright © 2011 CollegeInvest.
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