Parents across the state of Iowa, including one Ottumwa parent, received a $1,500 boost to their student’s College Savings Iowa® recently. Brenda Jones, whose son Trenton is an Ottumwa High School senior, won a $1,500 scholarship through College Savings Iowa/Iowa Student Loan Save Now Save Later Giveaway.
Thirty parents were chosen as winners in the program's third year. Each parent will receive the $1,500 deposited directly to the College Savings Iowa account of their registered child. Registration opened Sept. 12 and ran through Oct. 30. The program was open to Iowa residents who have a student in an Iowa high school.
Entries were chosen at random from more than 900 qualified participants. Iowa Student Loan works directly with College Savings Iowa on the giveaway. College Savings Iowa is the state's direct-sold 529 program, administered by State Treasurer Michael Fitzgerald.