Saving for a College Education

ScholarShare, California’s 529 college savings program, is celebrating College Savings Month during September. With college tuition costs rapidly rising, finding proper resources can greatly affect a family’s ability to pay for their child’s future college tuition. During College Savings Month, ScholarShare plans to hold its first-ever “Share Your Story” contest on a recently launched Facebook page. California residents age 18 or older can “Like” ScholarShare’s page and write in their personal college savings story—from successes and tips to goals and challenges. Two entries will be chosen at random on Sept. 21 to win $1,529 to begin or contribute towards their ScholarShare account. For official rules, prize details and entry deadlines, visit the Facebook page and click on the “Share Your Story” tab at www.facebook.com/scholarshare529/. According to ScholarShare, the first step in helping new students get a step closer to the goal of higher education is to opening a college fund that can help lower the amount of money they may have to borrow in the future. It takes only $25 to open a brand new college savings account, and each contribution can help reduce the amount a future student will have to borrow. For information, visit www.ScholarShare.com
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