Time is running out to receive a $25 donation for your kindergarten or first graders 529 account through this year’s Marshall County Promise program.
All Marshall County schools are participating in the Promise Indiana program this year. The local portion of the program is called the Marshall County Promise and they have received donations from the Lilly Foundation, Marshall County Community Foundation, and 1st Source Bank to encourage thinking beyond high school and for parents to start a 529 account.
The donations from these groups have made it possible for Marshall County Promise to donate $25 to every kindergarten and first grade student in the county who opens a 529 savings account for their future educational needs after high school.
Leading research in the field of asset-building shows that youth with an account are about seven times more likely to attend college than similar youth who do not have an account. Even accounts with small balances matter. Low- to moderate-income youth who hold an account designated for education with a balance of between $1 and $499 are four and a half times more likely to graduate from college than similar youth without an account.
October 31st is the deadline, so if you have a student in kindergarten or first grade in a Marshall County school, you need to consider opening a 529 savings account and Marshall County Promise will make a donation to that account in the amount of $25.
Pictured Left to Right in the group picture are Triton Elementary School students: McKenna Emenaker, Brady Heckaman, Addyson Westafer
Congratulations to Taner Smith, Caiden Amsden, and Mason Disher for joining the PROMISE KID Team!!! They don’t come any cuter than this!
