Did you know May 29 (5/29) is recognized as National 529 Day?
During the month of May, states look 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:
Alabama
CollegeCounts will once again be holding our 529 Baby Day Giveaway! This is their 10th year. We will be giving away 29 $529 contributions to newborn babies in Alabama that were born between 5/29/2022 and 5/29/2023.
Alaska
The T. Rowe Price 529 College Savings Plan, offered by the Education Trust of Alaska, will be presenting a 529 Day and Saving for College webinar with a panel of college savings experts that will inspire and inform savers as they navigate the college financing journey. Please join this live event and bring your questions.The discussion will take place on May 31, 2023 at 1:00 PM ET. Register now.
Arizona
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!
Colorado
Colorado’s CollegeInvest Smart Choice 529 Plan provider, FirstBank, is celebrating 529 Day by giving away $2,500 for College for Two Winners! FirstBank will randomly select one winner from Colorado and one winner from Arizona to receive a Grand Prize of $2,500, one Second Place Prize of $1,000, and one Third Place Prize of $500. To enter, eligible participants must deposit a $1.00 or more into either a new or existing Smart Choice 529 account between May 1 – May 31, 2023. A winner will be randomly selected from all eligible entries in June. Visit efirstbank.com/csapromo for more details and Official Rules.
Florida
It’s prime time for a 529! The Florida 529 Savings Plan is an easy and affordable way to get started saving for college – enroll by June 30, 2023, and get $50 into your new account. Get started today at myfloridaprepaid.com.
Also, you can enter to win a $1,000 Florida 529 Savings Plan scholarship. Join the Exploring Education Scholarship Program to explore Florida’s award-winning state parks through the Junior Ranger Program, and enter to win one of 10 grand prizes. Each grand prize winner will receive a $1,000 Florida 529 Savings Plan Scholarship and a Florida State Parks prize pack that includes an inflatable standup paddleboard. Enter today.
Georgia
Georgia’s Path2College 529 Plan will recognize the first babies born on May 29, 2023 at two hospitals – Doctors Hospital of Augusta and Piedmont Columbus Regional Hospital. The two winning newborns will each be awarded a $1,529 contribution to their Path2College 529 Plan account to help those two families kick-start their college savings!
Indiana
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.
Iowa
State Treasurer Roby Smith is celebrating 529 Day by hosting five giveaways in May. Each weekly winner will receive a $529 College Savings Iowa contribution to a new or existing account. Entrants have until 11:59 p.m. on Wednesdays to enter at Iowa529Contest.com. Giveaways end May 31. All residents of Iowa with a child or grandchild under 18 years old are eligible.
Kentucky
Kentucky is having a $529 random KY Saves account drawing for all of May.
Louisiana
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.
Maine
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!
Maryland
Maryland residents may be eligible to receive up to $500 in a Maryland College Investment Plan Account through the Save4College State Contribution Program. It’s easy to apply with the online application. Be sure to open a Maryland CollegeInvestment Plan Account and submit your application by 11:59 p.m. on May 31st.
https://www.facebook.com/maryland529
Massachusetts
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.
Michigan
Celebrate National 529 Day with up to a $100 bonus from the Michigan Education Savings Plan. Between May 22nd and May 31st:
Get $50 with a deposit of $250 and set up recurring contributions totaling $50 or more per month until 11/30/23.
Get $100 with a deposit of $500 and set up recurring contributions totaling $50 or more per month until 11/30/23.
Minnesota
Celebrate National 529 Day with up to a $100 bonus from the Minnesota 529 College Savings Plan. Between May 22nd and May 31st:
Get $50 with a deposit of $250 and set up recurring contributions totaling $50 or more per month until 11/30/23.
Get $100 with a deposit of $500 and set up recurring contributions totaling $50 or more per month until 11/30/23.
Nevada
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.
USAA 529 Education Savings Plan – Nevada
The USAA® 529 Education Savings Plan, brought to you by Victory Capital and administered by the State of Nevada, is celebrating 529 Day with three Bonus Programs:
- Open a new account and you could earn a $100 Investment Bonus with a $50 initial deposit and a $50 monthly Automatic Investment Plan (AIP).
- Transfer eligible assets to a 529 Plan account and you could earn up to $1,500 through an Asset Transfer Bonus.
- Start or increase an Automatic Investment Plan (AIP) by contributing $200 per month to your 529 plan and you could earn a Disciplined Investor Bonus of $50.
Learn more about how to get rewarded at www.vcm.com/bonus.
Oklahoma
Celebrate National 529 Day with a $50 bonus from Oklahoma 529. Between May 22nd and June 4th.
Get $50 with a deposit of $50 and set up recurring contributions totaling $50 or more per month until 12/31/23.
Pennsylvania
The PA 529 Guaranteed Savings Plan (GSP) is again celebrating 529 Day all month with a special promotion and big awards! All new PA 529 GSP accounts opened in May are automatically eligible for chance to win $5,290 – enough to cover tuition for a year at a PA Community College – plus, there are ten regional awards of $2,529 available! To be automatically eligible, a person must open a new PA 529 GSP account between May 1 and May 31, 2023, for a new beneficiary who is a Pennsylvania resident and contribute at least $10. Conditions apply. Visit pa529.com/529day for details and to view official promotion rules.
Tennessee
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
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!
Sign up for Upromise today for FREE and be part of the giveaway.
Washington
Washington College Savings Plans (WA529) is conducting our second annual “What’s Your Dream Job” Art Contest, which runs April 1 – May 5 and culminates with the announcement of the winners on 529 day, May 29. The contest is open to all K-12 students in the state of Washington. Thirteen winners (one from each grade level) will be awarded a new Apple or Microsoft tablet. The first year of this contest attracted entries from more than 3,500 students!
West Virginia
West Virginia’s SMART529 plan will announce the teacher and student winners of the 16th annual When I Grow Up essay contest. Fifteen student winners receive a $500 savings account, with a chance to win an additional $4,500. The Bright Babies grant incentive allows new parents to receive $100 upon account enrollment. Children adopted from foster care who have not celebrated the first anniversary of their “gotcha day” may also receive a Bright Babies grant. A social media campaign to spread 529 awareness will be utilized. SMART529 literature will be distributed to public libraries across the state.
Wisconsin
Celebrate National 529 Day with up to a $100 bonus from Edvest 529 College Savings Plan. Between May 22nd and May 31st:
Get $50 with a deposit of $250 and set up recurring contributions totaling $50 or more per month until 11/30/23.
Get $100 with a deposit of $500 and set up recurring contributions totaling $50 or more per month until 11/30/23.
