September may be back to school for many families, but did you know it’s also College Savings Month? If you haven’t started saving for college yet, this is a great time to start and make a game plan. If you’re already a college saver, now is a perfect time to analyze where you are on your college savings journey and what you can do to maximize your efforts and grow your savings even more.
For College Savings Month in September, there are many promotions and events to inspire you to start saving for college or save more. Check out our list below to enjoy these College Saving Month promotions.
Ohio’s 529 Plan – CollegeAdvantage
CollegeAdvantage is offering three sweepstakes, each offering a $10,000 college savings award from Ohio’s MLB franchises and a NFL franchises.
The Cincinnati Bengals Kickoff College Savings Giveaway can be accessed at https://www.collegeadvantage.com/bengals. The sweepstakes ends Sunday, December 6 at 11:59 pm ET.
The Cincinnati Reds College Savings Grand Slam can be accessed at https://www.collegeadvantage.com/reds2020. The contest ends next Sunday, September 27 at 11:59 pm ET.
The Cleveland Indians College Savings Giveaway can be entered at https://www.collegeadvantage.com/indians. The contest ends next Sunday, September 27 at 11:59 pm ET.
They have also launched a series of videos answering basic 529 questions.
Edvest College Savings Plan Bonus – Wisconsin
For new accounts, Wisconsin’s Edvest is offering $50 with a minimum deposit of $250. Set up recurring contributions or payroll direct deposit of $25 or more per month for a minimum of 3 months through 12/31/20, and they’ll add $50 to your savings. Or get $100 with a minimum deposit of $500. Set up recurring contributions or payroll direct deposit of $50 or more per month for a minimum of 3 months through 12/31/20, and they’ll add $100 to your savings. Access terms and conditions and get started at Edvest.com/savenow. Expires September 30, 2020.
Oklahoma 529 College Savings Plan Bonus
Get a $25 bonusfrom OCSP when you open a new Oklahoma 529 College Savings Plan account with $25 and set up recurring payments of $25 or more for three months. Access terms and conditions and get started at Ok4saving.org/savenow. Expires December 31, 2020.
CollegeChoice Sweepstakes – Indiana
CollegeChoice is running their first-ever Save to Win Sweepstakes for College Savings Month. Any Indiana resident who contributes to their CollegeChoice 529 Direct or Advisor Plan during the month of September will have a chance to win a $5,000 account deposit. This is for both new and existing accounts, including those who already utilize payroll deduct or AIP.
IDeal – Idaho College Savings Account Bonus
During the month of September, IDeal Idaho College Savings Plan is giving a $25 match to the first 100 new accounts that set up an auto funding method.
Make Your Mark Contest, sponsored by my529 and the Utah System of Higher Education
The contest lets Utah students exhibit their talents by creating an original bookmark design for a chance to win a college savings scholarship. Eight Utah students in kindergarten through grade 12 will each receive a $1,000 college savings scholarship for their winning bookmark designs. Entrants must live in Utah. Ownership of a my529 account is not required. Submit an original bookmark design on the official entry form found here. Program open September 1 through 30, 2020.
Free Webinar – Maryland
In celebration of College Savings Month, Maryland 529 is hosting a live Intro to College Savings webinar on Wednesday, September 23 at 12 pm (ET). Learn about the features and benefits of the Maryland Prepaid College Trust and the Maryland College Investment Plan and have your questions answered by a Maryland 529 representative. Registration is free, but required to participate. For more information, visit Maryland529.com/webinars.
MEFA Free Educational Events
MEFA plans to host a webinar about saving for college on September 15th at 7:00 pm, release a podcast episode, The Importance of Saving for College, on September 17th with Yiming Shuang from Inversant, a Massachusetts not-for-profit organization with a mission to ensure that through parental engagement every low-to-moderate-income family has the resources and understanding they need to achieve their goals for higher education, feature new educational videos, and offer one-on one appoints to families and students who are looking for additional guidance on how to plan, save, and pay for college. Visit mefa.org for more information.
Looking for more ways to grow your college savings? Check out Upromise and CollegeBacker, both which can provide ways to increase your savings. With Upromise, earn cash for college by shopping at 1000 stores through their online links, dining out, and signing up for their credit card. CollegeBacker allows you to open or link some 529 plans, shop through their online portal, and create a gifting page that lets family and friends give college savings gifts for holidays and birthdays.
Are there any other College Saving Month promotions happening? Send us a Tweet to let us know about it!
Plus, take a look at some of our most popular College Savings articles below.
- How Much to Save For College
- What is a 529 Plan?
- How to Open a 529 Plan
- What You Can Pay For with a 529 Plan
- 7 Myths and Realities of 529 Plans
- What is the Penalty on an Unused 529 Plan?
- Does a 529 Plan Affect Financial Aid?
- How Do I Select the Right Investments for My 529 Plan?
- How to Transfer 529 Plan Funds to a Sibling?
- 10 Easy Ways Grandparents Can Help Pay For College
- How to Help Pay for College Without Impacting Financial Aid
At Savingforcollege.com, our goal is to help you make smart decisions about saving and paying for education. Some of the products featured in this article are from our partners, but this doesn’t influence our evaluations. Our opinions are our own.