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Nevada Families Can Add an Extra $1,500 to College Savings

Apply for the Silver State Matching Grant from April 1 - July 31 every year

By Donnah Opelac, mom, publisher & editor, travelagent July 21, 2018

Did you know that the Silver State Matching Grant Program could help you put an extra $1500 over five years per beneficiary? 

It’s true. If you apply, qualify, and approved for the Matching Grant you could receive up to $300 per year in dollar-for-dollar matching contributions into your SSGA Upromise 529 Account for up to 5 years!

Click ☞ Silver State Matching Grant Program to find out if you qualify. Follow the application process and mail the required documentation.

How does Silver State the matching grant work?

All documentation must be postmarked no later than July 31 to be considered for the Silver State Matching Grant. If you qualify and are approved for the Grant, contributions to your SSGA Upromise 529 account will be matched dollar-for-dollar up to $300 per year, per beneficiary. There is a lifetime maximum of $1,500 over five (5) years per beneficiary. Funds are awarded on a first come first serve basis, so don’t wait!

Have more questions about the Silver State Matching Grant Program? Download the frequently asked questions. (PDF)

SSGA Upromise 529

Anyone can open an SSGA Upromise savings account at any time, but the sooner you do, the more time the account has to grow.

Please Note: Before investing in any 529 plan, you should consider whether your or the beneficiary's home state offers a 529 plan that provides its taxpayers with favorable state tax and other benefits that are only available through investment in the home state's 529 plan. You also should consult your financial, tax, or other advisors to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state's 529 plan(s), or any other 529 plan, to learn more about those plans' features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

Nevada College Kick Start Program Announcement:

If your child was enrolled in a Nevada public school kindergarten in the 2013-2014 school year, they were automatically enrolled in the Nevada College Kick Start Program and $50 was set aside in their name. Click here to claim your account.

To learn more about other programs administered by the Nevada State Treasurer’s Office, please visit https://nv529.org.

The Nevada Prepaid Tuition Program: Tomorrow's Tuition. Today's Prices

Prepay future tuition by locking in your payment based on today’s rates. Click here for the Nevada Prepaid Tuition Program to help protect your family from rising tuition costs. 

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This article was first published on July 20, 2018, and is regularly updated. Last update: April 10, 2021. Disclaimer: The information contained in this post, to the best of the author's knowledge, was accurate at the time of publishing. We do our best to ensure and maintain the accuracy of this information.

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