For the past 20 years, the Arizona Family College Savings Plan (AZ529) has helped families accumulate more than $1.9 billion in tax-deferred college savings.
The organization is hosting an essay-writing competition for all fifth-grade students in Arizona. The theme of the contest is “In 20 years I’ll change the world by…”
Winners of the contest will receive $529 toward an AZ529 college savings plan. Twenty prizes will be awarded across the state. A winner will be selected from each of Arizona’s 15 counties, with an additional five awarded in Maricopa and Pima counties. More than $10,500 will be allocated to 20 youth to assist in saving for their education plans beyond high school.
“Thinking about the future and planning for college is extremely vital, even for elementary school students,” said Deena Lager, director of the Arizona Family College Savings Program.
“We’re excited to celebrate our anniversary and share this essay-writing contest with fifth-graders around the state. It’s an opportunity to jumpstart their college savings by winning $529 to use toward their future goals. We want to make sure that every county is represented.”
The essay-writing contest commemorates 20 years of providing a successful college savings program for Arizonans. The goal of the writing challenge is to raise awareness of the AZ529 plan and to pave a path for another generation of students to achieve their post-secondary goals through savings and preventing future student loan debt. Entries will be accepted online and through direct mail through October 31.