Did you know May 29 (5/29) is recognized as National 529 Day?
During the month of May, states will be looking to boost interest and participation in their 529 savings programs with various sweepstakes, contests and incentives.
We have compiled the following list of state/plan promotions taking place in and around the month of May:
CollegeCounts will once again be holding our 529 Baby Day Giveaway! This is their 9th year. We will be giving away 29 $529 contributions to newborn babies in Alabama that were born between 5/29/2021 and 5/29/2022.
Alaska is celebrating 529 Day with its annual ice cream extravaganza! Visit one of ten participating ice cream shops in Anchorage, Eagle River, Fairbanks, Juneau, Kodiak or Wasilla to receive a free treat, courtesy of Alaska 529.
AZ529, Arizona’s Education Savings Plan, hosted a Future Career Art Contest to celebrate 529 Day!
Over 200 students submitted their artwork showing their future career for a chance to win $529 towards an AZ529 Education Savings Account.
Arizona State Treasurer Kimberly Yee will announce the winners at an awards ceremony at the Arizona State Capitol!
Get that 529 Feeling this summer! The Florida 529 Savings Plan is an affordable, flexible way to put your child on the path to a debt-free future. And if you open a 529 Savings Plan between now and June 30, 2022, we’ll put $50 into your account. Get started today at https://www.myfloridaprepaid.
CollegeChoice 529 Savings Plans presents their annual Faces of 529 Day Contest! Upload a picture of who you’re saving for along with a caption, and complete our online entry form for a chance to win a $529 CollegeChoice 529 account contribution. The contest runs May 1 – 29, with one winner selected at random from all eligible entries. To enter, visit www.collegechoicedirect.
State Treasurer Michael Fitzgerald and College Savings Iowa are celebrating 529 Day throughout May by giving away a $529 College Savings Iowa contribution in each of Iowa’s 99 counties. Interested families can visit Iowa529Contest.com to enter for a chance to win. All residents of Iowa with a child or grandchild under 18 years old are eligible.
Kentucky is having a $529 random KY Saves account drawing for all of May.
The Louisiana Office of Student Financial Assistance is celebrating 529 Day throughout the month of May with a social media campaign. We will post savings facts, tips, and videos on our START Saving Program’s Facebook and Twitter channels. At the end of the month, we will list a week of fun 529 activities for followers to participate and submit entries. Individuals that like, share, and follow our social media pages will be entered into a drawing to win 5 prizes of $29. Those who participate in any of the social media activities during the week of May 23-27, will have a chance to win a grand prize of $529. The week of social media activities will include a video featuring kids answering questions about college and savings, a 529 scavenger hunt, a drawing contest, and a social media poll. The winner will be announced on June 1.
Spring (and 529 month) is a great time for parents to think about what they can do now to help their child succeed. FAME is launching an integrated media campaign that will play into that emotion. The FutureME campaign touches upon the emotional aspect of preparing Maine children for success with higher education. We are both encouraging parents to further support their children in achieving their goals as well as inspiring belief in Maine youth that their dreams are absolutely possible. Watch the video!
See Maine’s 529 Plans
Maryland 529, in partnership with Port Discovery Children’s Museum, has launched a sweepstakes encouraging children to submit photos or drawings that depicts their dreams for the future in the “Their Future is Within Reach” Sweepstakes. The sweepstakes will provide one winner $529 towards a new or existing Maryland College Investment Plan (MCIP) Account from Maryland 529 plus a Family Membership to Port Discovery Children’s Museum. To enter the sweepstakes, participants must complete the online entry form and submit the drawing or photo they created with a description of what the photo or drawing depicts, before the deadline of 11:59 p.m. E.T. on May 31, 2022.
In recognition of 529 Day, MEFA will be promoting the importance of saving for college throughout the week of May 23rd.
MEFA plans to host two College Savings webinars, one to be presented in English on 5/26 and one to be presented in Spanish on 5/25.
MEFA will focus social media content on the importance of saving for college with guidance, resources, and tools posted throughout the week. MEFA will also host an Instagram “Ask Me Anything,” where a MEFA expert will take questions from our followers about college savings and 529 plans, and answer them in real time on MEFA’s Instagram stories @mefa_ma.
A new podcast episode, featuring a U.Fund 529 saver, will also be live the week of 5/23.
Through the BabySteps Savings Plan, every child who is a Massachusetts resident is eligible to receive a $50 deposit into a U.Fund 529 College Investing Plan within one year of birth or adoption.
Putnam 529 for America -Nevada
Putnam 529 for America will award each Nevada resident beneficiary with a one-time $100 account contribution when: The account owner or beneficiary has a Nevada address of record, the account has been established for at least 12 months, and the account balance, excluding award amounts, is at least $1,000. In addition, Nevada residents pay no annual maintenance or State fee. See the Nevada Putnam Scholarship Program brochure or offering statement for additional details.
The PA 529 College and Career Savings Program is celebrating 529 Day with a promotion where every new PA 529 Guaranteed Savings Plan (GSP) account opened between May 1 and May 31 will be automatically eligible for one top award of $5,290 for education! New PA 529 GSP accounts will also be eligible for one of 67 county-specific awards of $529 available to winners from each of PA’s 67 counties. All families need to do is open a new PA 529 Guaranteed Savings Plan account between May 1 and May 31. Conditions apply. Read the official rules for additional details. Awards are not available for new PA 529 Investment Plan (IP) accounts.
In celebration of 529 Day, the TNStars College Savings 529 Program is highlighting ways families can boost their college savings through Upromise®. We launched a new page on our website. Upromise provides unique opportunities for members to earn cash back rewards for everyday activities, such as online shopping, dining, grocery shopping, purchasing gift cards, paying with the Mastercard® and more. Rewards are automatically deposited as contributions to their TNStars College Savings Program account when they reach $50 in rewards. Interested prospective and current TNStars clients can join by registering here. They can earn $5.29 in bonus rewards when they open a new Upromise account and earn an additional $25 in bonus rewards when they link their first TNStars account to their new Upromise account.
Upromise will be giving away $5,290 to its members this May.
529 Day highlights the importance of 529 savings plans in helping families pay for college and Upromise is all about helping families do just that.
Starting May 23rd, and running through Sunday, May 29th, Upromise members can earn entries into our $5,290 Giveaway by doing the following:
- Earn 1 Entry when you Shop through Upromise
- Earn 1 Entry when you upload a Grocery Receipt
- Earn 1 Entry every day that you are logged into the Upromise Extension
The more you use Upromise the more chances to win! There will be over 50+ winners and one grand prize winner of $1,529!
Washington College Savings Plans is conducting a statewide art contest, beginning during Financial Literacy Month and culminating on 529 Day. All kids enrolled in a Washington state K-12 school are eligible. Art submissions will be judged and 12 first-place entries will be selected across four age groups. Winners will receive their choice of a iPad Air, Microsoft Surface or Chromebook Spin. In addition to prizes for the best art entries, we are also incentivizing schools with a $500 prize for the three schools with the most entries. Engagement and participation has been very strong since the contest began!
West Virginia’s SMART529 plan will announce the winners of the 15th annual When I Grow Up essay contest. Fifteen regional winners receive a $500 savings account, with a chance to win an additional $4,500. New parents may sign up a child under 1 year of age to receive a $100 Bright Babies grant. SMART529 will distribute information to public libraries for summer reading programs. A social media campaign has been prepared as well.