The Register-Herald, Beckley, West Virginia

Money

July 28, 2013

SMART529 grant program opens to eligible families

The SMART529 Matching Grant Program has expanded and is now open to all eligible families, including those who already have a SMART529 college savings account, according to State Treasurer John Perdue.

Families who qualify may be eligible to receive a savings match of up to $500 a year, and up to $2,500 lifetime per child. The funds may be used to pay for higher education expenses at any eligible institution.

“We are very excited that this program will now benefit all eligible students no matter if they are currently in the SMART529 program or still considering joining it,” said Perdue.

“A college education is the best possible way to start your child off on the right track; however, paying for a college education today can be challenging. The matching grant program will help those with the biggest challenge jump start their college savings plan.”

Perdue said 90 percent of the fastest growing jobs of the future will require some post-secondary education or training.  In addition, the U.S. Department of Labor indicates that college graduates earn nearly twice as much as those with a high school degree.

To qualify for the West Virginia Smart Savings Match:

— The beneficiary must be a West Virginia resident and must be 12 years of age or younger.

— The account holder (parent/grandparent) must have filed a West Virginia state income tax return as a West Virginia resident in the year prior to opening a SMART529 account.

— The family must meet the income requirements (go to www.SMART529.com for detailed information).

— The account holder must be able to claim the beneficiary as a dependent for income tax purposes.

Visit www.SMART 529.com to download a copy of the Smart Savings Match grant application and to learn more about how to open an account.

SMART529 is West Virginia’s 529 savings program for education beyond high school.

 

1
Text Only
Money
  • lewis shop 1 Custom car care

    Lewis Automotive Group has added exhaust and mufflers to its list of available services.

    April 13, 2014 2 Photos

  • Class explores ABCs of starting a business

    If you have a dream of owning your own business, an upcoming class sponsored by the Office of Workforce Education at New River Community and Technical College will give you valuable information on how to get started.

    April 13, 2014

  • Rightway Rightway Auto offers dealer-quality service

    Whether you have two cars or 20 trucks to take care of, one local business owner says he wants to bring you dealership-quality service at a backyard price.

    April 6, 2014 1 Photo

  • johnson satterfield Johnson, Satterfield named certified Travel Marketing Professionals

    Maura Johnson, chief operating officer, and Becky Satterfield, Membership & group tour director of Visit Southern West Virginia, have earned certification as Travel Marketing Professionals (TMP) after completing a three-year program of the Southeast Tourism Society (STS) Marketing College.

    April 6, 2014 1 Photo

  • skyline resort 2 Southern skyline

    Cozy, upscale, but affordable. That’s the game plan for a newly opened resort in southern West Virginia.
    Located in Ghent, just off I-77 on U.S. 19, Skyline Resort recently opened its restaurant, 4 Season, and Rich & Ernie’s Bar.

    March 30, 2014 2 Photos

  • drone Up in the sky! It’s a bird, it’s a plane, it’s ... a drone

    With the launch this month of “Chopper Foxfire,” Foxfire Realty has become one of the first real estate companies in the region to experiment with “drone” technology.

    March 30, 2014 1 Photo

  • Auto rental expands to Beckley, Daniels

    Andrew Auto Rental has opened locations in both Beckley and Daniels as it expands in southern West Virginia.

    March 30, 2014

  • Summit designer is honored

    Freese and Nichols Inc. of Raleigh, N.C., designer of a series of dams and lakes at the Summit Bechtel Family National Scout Reserve, earned a National Recognition Award for exemplary engineering achievement for the work at the American Council of Engineering Companies’ (ACEC) 48th annual Engineering Excellence Awards.

    March 30, 2014

  • Website launched for agricultural producers

    Farm Credit of the Virginias has launched an educational website, www.FarmCreditKnowledgeCenter.com.

    March 23, 2014

  • 032314 mountain lumber willie.jpg About Mountain Lumber

    In 1974, Willie Drake took a small assignment that led him to West Virginia in search of rare American Chestnut among the area’s historic Appalachian barns.

    March 23, 2014 1 Photo

Stocks
AP Video