September is College Savings Month, and the TNStars College Savings 529 Program is helping to jump-start savings by giving away $5,000 in scholarships during the month. The prizes will be awarded into a TNStars scholarship account.
Now through Sept. 30, Tennessee residents 21 and older can enter at TNStars.com to win a $1,000 scholarship on behalf of a child 10 or younger. TNStars will give away a $1,000 scholarship each week in September, awarding five winners total. The winners will be announced weekly on Fridays, starting Sept. 6, with the last winner being announced Oct. 4. One entry is good for the entire contest period.
The $1,000 scholarships can be used by the winning families to cover future post-secondary education expenses ranging from tuition and housing to books, computers, and more.
The TNStars College Savings 529 Program is designed to encourage Tennessee families to save and invest for the future cost of higher education in a tax-advantaged way. Families can open an account with as little as $25 to start. TNStars has helped Tennessee families save more than $365 million for college in over 27,000 accounts.