Chance to Win $5,529 College Savings Plan

 By Lou Phelps

This summer, reading with your children will not only help them improve their literacy skills and better prepare for the coming school year, but by participating in the 2010 Summer Reading Program at libraries across Georgia, you could also help fund your child’s 529 college savings plan as well.

The program is called “Make a Splash – Save for College Sweepstakes” and encourage them to continue reading throughout the summer.

"In order to better prepare our state's children for a lifetime of success, instilling fundamental values, such as the love of reading, is vital," said First Lady Mary Perdue at a June press event.  "Reading is a great way for families to spend time together, and as children grow and are able to read on their own, it opens up a world of imagination for them year-round."

The Make a Splash – Save for College Sweepstakes, which is open through July 31, will award one Summer Reading Program participant the grand prize of $5,529 toward a Path2College 529 Plan account.

“Summer reading programs have always been a great way for families to spend time reading with their children, and reading can lead to a lifetime of learning,” said Chuck Penuel, director of the Path2College 529 Plan.  “By partnering with Georgia’s public libraries, we hope to encourage parents to think about their children’s continued education as well, and we’re excited to be able to offer an opportunity to win a good foundation toward building their college savings.”

Additionally, the winner’s local public library will also receive $1,000 to be used for its children’s and teen’s department. Also, the Georgia library with the greatest number of entries and the Georgia library system with the greatest percentage of their registered users entered into the sweepstakes will each win $1,529 for their children’s and teen’s materials and programming. 

Currently, nearly 2,300 Georgia children are already making a splash in the summer reading program by entering to win the Make a Splash—Save for college Sweepstakes. 

Legal residents of the State of Georgia who are at least 21 years of age and are a parent, grandparent or legal guardian of a child born after 1993 and who is participating in the 2010 Summer Reading Program may find the official rules and enter the sweepstakes online at www.path2college529.com.

“Whether your child is just starting his or her educational career, or they are well on their way toward college, if parents haven’t already done so, now is the time to think about preparing them for a successful academic journey, which includes both a strong reading foundation and saving for  a college education,” said Penuel.

The Path2College 529 Plan will randomly draw a winner for the $5,529 Path2College 529 Plan account in early August.  The winner, along with the two winning libraries and the winning library system, will be recognized in early September.  

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