Tuesday, February 14, 2017

529 scholarships deadline nearing

Times Staff Report

The deadline is just weeks away to apply online for scholarships from Alabama's 529 college savings program, according to the state treasurer's office.

CollegeCounts — Alabama's 529 college savings program — will be awarding over $1 million in scholarships to select recipients attending higher education institutions in Alabama. The last day for online applications is March 1 for the CollegeCounts Scholarship through CollegeCountsAlabama.com.

"There is no denying the daunting cost of college, but we never want the cost alone to halt someone's education journey," said State Treasurer Young Boozer, board chair for CollegeCounts. "This scholarship was established to encourage the students in Alabama to strive for higher education and continue working to enhance their futures."

To be eligible, applicants must be high school seniors or first-time college freshmen planning to enroll in an Alabama-eligible educational institution in fall 2017. They must have a minimum GPA of 2.75 with an ACT score of 26 or below and demonstrate financial need.

Award amounts will be $4,000 for four-year college enrollees or $2,000 for two-year college enrollees, and granted on a semester basis in the first academic year. Scholarships will be applied to tuition, fees and books required for course load at accredited, nonprofit colleges or universities in Alabama.

"The CollegeCounts Scholarship has assisted more than 700 students across the state of Alabama in their pursuit of higher education. The scholarship grows each year, and we look forward to continued interest," said Boozer.

To learn more about the CollegeCounts Scholarship and eligibility requirements, visit CollegeCountsAlabama.com. Applications must be received by 11:59 p.m. on March 1.

For more information about CollegeCounts, Alabama's 529 Fund and how to open an account, visit CollegeCounts529.com.

No taxpayer funds are used for this scholarship program, according to the press release from the treasurer's office.


Source: 529 scholarships deadline nearing

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