Minnesota Elementary School Students Encouraged to Enter for Chance to Win $2,500 for College

Archive

2/19/2010

 

Contact: Sandy Connolly, Director of Communications
Office of Higher Education
(651) 259-3902

Challenge Inspires Creativity Focused on Higher Education

Minnesota students in grades kindergarten through six are invited to enter an original drawing, poem, essay or video for a chance to win $2,500 for college. Students enter by answering the question "How will I change the world after I go to college?" The "Dream Out Loud" challenge is sponsored by Minnesota's 529 College Savings Plan, in partnership with the Minnesota Office of Higher Education, the Minnesota Elementary School Principals Association and the Minnesota Department of Education.

One winner will be chosen in each grade category (Grades K-2, Grades 3-4 and Grades 5-6). In addition to winning $2,500, the three winners' schools will each be awarded $1,000. The contest runs from February 1, 2010 through April 12, 2010. Information on the Challenge was sent to all Minnesota schools statewide or can be downloaded at www.DreamOutLoudMN.com. Entries must be postmarked by April 12, 2010 and received by April 25, 2010.

"This challenge is another way to encourage students and families to think about the future," said David Metzen, director of the Minnesota Office of Higher Education. "We want families to look ahead and to be sure they have an understanding of college costs and know their options when it comes to saving for higher education,"

The Minnesota College Savings Plan is Minnesota's official 529 College Savings Plan and is administered by the Minnesota Office of Higher Education and managed by TIAA-CREF Tuition Financing, Inc. The Minnesota College Savings Plan is a tax-advantaged, state-sponsored college savings plan designed to help parents, grandparents, relatives and friends invest in a child's future college education.

Visit www.DreamOutLoudMN.com to learn more, including official rules and a complete description of entry requirements. No Purchase Necessary. Void where Prohibited.

Consider the investment objectives, risks, charges and expenses before investing in the Minnesota College Savings Plan. Please visit www.mnsaves.com for a Disclosure Booklet containing this and other information. Read it carefully. Account value will fluctuate based upon a number of factors, including general market conditions.

Before investing in a 529 plan, you should consider whether the state you or your beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits that are only available if you invest in that state's 529 plan.