Governor Holcomb Celebrates “National College Savings Month” with Sweepstakes

September is National College Savings Month and Governor Eric Holcomb has highlighted the importance of saving for education with a proclamation establishing September 2022 as College Savings Month in Indiana. Indiana officials also say there’s an opportunity for someone to receive a major deposit toward a post-high-school education thru the CollegeChoice 529 sweepstakes. State Treasurer Kelly Mitchell says the “$10,000 giveaway will make a tremendous impact whether a family is saving for a technical or trade program, a registered apprenticeship, or a 4-year degree.” Marissa Rowe, executive director of the program said they “would love to see a record number of families enter the contest.” Here’s a link for details: CollegeChoice 529 Sweepstakes . All students must be eighteen years or older to participate in the sweepstakes, and all entries must be received by September 30th. CollegeChoice 529 plans can be used at any eligible school or registered apprenticeship program, both in- and out-of-state. 529 accounts grow tax-deferred and distributions are tax-free on funds withdrawn to pay for tuition, books, computers, equipment, and fees.