North Carolina residents are invited to enter the NC 529 Scholarship Contest from now through April 30, 2014. Information and entry forms are available through CFNC.org/NC529. 100 winners, one from every county in North Carolina, will be selected by a random drawing from all entries in each county.
Scholarships will be awarded in the form of a $529 contribution to an NC 529 Plan college savings account owned (or opened after the drawing) by the entrant whose name is drawn. The owner of the NC 529 account must be at least 18 years of age and can name a child, grandchild or anyone else in or planning for college (even him or herself) as the Account Beneficiary. Winners will be announced on May 9, 2014 – which is College Savings Day, 5/29.
The NC 529 Plan, also known as North Carolina’s National College Savings Program, offers a tax-advantaged way for individuals to save and pay for higher education. The North Carolina State Education Assistance Authority (state entity that established and maintains the NC 529 Plan); College Foundation, Inc. (program administrator); State Employees’ Credit Union (scholarship funds provider); and CCL branding (contest host and manager) are contest sponsors.
Enter online through CFNC.org/NC529 or mail a 4”x6” postcard to NC 529 Scholarship Contest, 300 South Liberty St., Suite 100, Winston-Salem, N.C. 27101-5213. Entrants must provide: a) their first and last name, b) N.C. county of residence, c) e-mail address and/or phone number, d) indication they are a legal resident of N.C. and will be 18 or older by April 30, 2014 and e) name of existing or potential Beneficiary of the NC 529 Account and relationship to entrant. No employees, officers, directors or any other agents of the contest sponsors or any immediate family members of contest sponsors are eligible to win.
For a full list of contest rules, please visit www.CFNC.org/NC529. To learn about the NC 529 Plan, its investment objectives, risks and costs, read the Program Description also available at www.CFNC.org/NC529 or request one by calling 800-600-3453 toll free. Check with your home state about tax or other benefits associated with investing in its own qualified tuition plan.