my529 sponsors 11th annual Make Your Mark scholarship contest

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Contact: Bryn Ramjoue’, Marketing Director, 801.321.7161, bramjoue@my529.org

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September 1, 2020

Students create original designs, vie for $1,000 college savings scholarships

(Salt Lake City) It’s the luck — and skill — of the draw. Students’ artistry can win them a $1,000 scholarship in my529’s 11th annual Make Your Mark contest.

Make Your Mark, sponsored by my529 and the Utah System of Higher Education, raises awareness of saving for future educational expenses. The contest lets Utah students exhibit their talents by creating an original bookmark design for a chance to win the 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. In addition to the scholarship account, each winner may see their artwork professionally reproduced.

The contest runs September 1 through September 30, 2020.

Gov. Gary Herbert has designated September as College Savings Month for the state of Utah, in conjunction with the national observation. my529 sponsors Make Your Mark each year to celebrate the occasion.

“With Make Your Mark, students can become invested in their educational future mentally and monetarily,” said Richard Ellis, my529 executive director. “As families discuss the importance of working toward college, or technical or trade school, my529 is happy to promote awareness, information and resources about preparing financially. And we’re pleased to provide the scholarships.”

Over the 10 years, my529 has made more than $101,000 in scholarships available to the entrants.

Utah students are eligible to enter if they are enrolled in a Utah school or are home-schooled. Their parents are not required to own a my529 account.

“Education is one of the state of Utah’s greatest strengths,” said Gov. Gary R. Herbert. “Saving for college is one thing Utah students can do today to work toward a brighter future. I wish all of this year’s entrants in the Make Your Mark contest the very best of luck.”

Entrants must submit an original bookmark design on the official entry form found at my529.org. Address information and a complete set of contest rules and restrictions are detailed on the back of the official entry form. Only one entry per student is allowed. my529 will notify scholarship winners in mid-October. All decisions by the judges and my529 are final.

About my529

my529, Utah’s official nonprofit 529 educational savings plan, is highly rated by Morningstar Inc.

Accounts are free to open, and my529 requires no minimum deposit or account balance. my529’s user-friendly website, my529.org, makes it easy to open, manage and contribute to an account online.

To learn more, visit my529.org, call toll-free at 800.418.2551 or email info@my529.org.

About the Utah System of Higher Education

The Utah System of Higher Education (USHE) is governed by the Utah Board of Higher Education and is comprised of Utah’s sixteen public colleges and universities. The CEO of USHE is the Commissioner of Higher Education. For more information, visit ushe.edu.

 

Important Legal Notice

Investing is an important decision. Read the Program Description in its entirety for more information and consider all investment objectives, risks, charges and expenses before investing. For a copy of the Program Description, call 800.418.2551 or visit my529.org.

Investments in my529 are not insured or guaranteed by my529, the Utah Board of Higher Education, the Utah Higher Education Assistance Authority or any other state or federal agency. Your investment could lose value. However, Federal Deposit Insurance Corporation (FDIC) insurance is provided for the FDIC-insured accounts. Please read the Program Description to learn about the FDIC-insured accounts.

The state in which you or your beneficiary pay taxes or live may offer a 529 plan that provides state tax or other benefits, such as financial aid, scholarship funds and protection from creditors, not otherwise available to you by investing in my529. You should consider such benefits, if any, before investing in my529.

my529 does not provide legal, financial, investment, or tax advice and the information provided in this document does not contain legal, financial, investment or tax advice and cannot be construed as such or relied upon for those purposes. You should consult your own tax or legal advisor to determine the effect of federal and state tax laws on your particular situation.

A Morningstar Analyst RatingTM for a 529 college savings plan is not a credit or risk rating. Analyst ratings are subjective in nature and should not be used as the sole basis for investment decisions. Morningstar does not represent its analyst ratings to be guarantees. Please visit Morningstar.com for more information about the analyst ratings, as well as other Morningstar ratings and fund rankings.