2011-09-08 / Sports

PA 529 College Savings Program Helps Families With College Tuition Costs

Rep. Dick Hess (R-Bedford/ Fulton/Huntingdon) would like to inform residents that the Pennsylvania 529 College Savings Program is available to help families cover the costs of tuition.

“One of the greatest challenges facing families is how to best provide children with a college education to be fully prepared for the world,” said Hess. “The Pennsylvania 529 plan provides a great tool in helping families meet this challenge.”

The program, administered by the Pennsylvania Treasury Department, is currently offering free online enrollment, a savings of $50, to help families get started. Families who enroll in the 529 Guaranteed Savings Plan receive free enrollment when they visit the 529 Web site and use the coupon code SAVE NOW.

The program currently serves more than 150,000 accounts with more than $2 billion in assets. It offers a range of resources specifically designed to help families and students save for college and deal with rising tuition rates, including the Pennsylvania 529 Guaranteed Savings Plan and the Pennsylvania 529 Investment Plan.

To help educate more families about the benefits of the plans offered, the Pennsylvania 529 College Savings Program is offering free college savings webinars over the next several weeks.

“There is a wealth of information available on this program, and I hope many residents will take advantage of it,” said Hess. “Young people are our future and parents can get some peace of mind from utilitizing this program.”

For more information on the program or upcoming webinars visit Dick- Hess.com.

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