Thurs., Aug. 29 - 'KARE at the Fair' sponsor of the day: MN College Savings Plan

3:58 PM, Aug 29, 2013   |    comments
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FALCON HEIGHTS, Minn -- Today's 'KARE at the Fair' is sponsored by MN College Savings Plan.  Make sure to stop by the KARE Barn before each newscast (11a, 4p, 5p, and 6p) today and receive a bag, courtesy of MN College Savings Plan, while supplies last.

Thinking about starting a college savings account for your child or grandchild's future education? Stop by the Minnesota Office of Higher Education (OHE) booth at the Minnesota State Fair and register for the chance to make your dream a reality.

Parents and grandparents are encouraged to visit the OHE booth in the Education Building and sign up for the opportunity to open a Minnesota College Savings Plan account. Daily winners will receive $200 and assistance with setting the account up, if needed. The $200 award will be deposited directly into the account of current participants in the Minnesota College Savings Plan. The daily drawing is sponsored by the Minnesota Office of Higher Education, with funding provided by the Minnesota Private College Council (MPCC) and other non-taxpayer administrative revenues. The drawing will take place every day during the State Fair. State and higher education leaders will be on hand to draw the winning name. You do not need to be present to win, but you must register daily.

The Minnesota College Savings Plan is a 529 account helping families save for future higher education expenses. More information about the Plan can be found at The Minnesota College Savings Plan provides tax-advantaged ways for families to save for higher education tuition and other expenses. Started in September, 2001, the Minnesota College Savings Plan has helped thousands of families save for their loved one's future college expenses. The Minnesota Office of Higher Education is responsible for implementing and administering the Plan. The Minnesota State Board of Investment is responsible for investing money deposited in accounts in the Plan. TIAA-CREF, Tuition Financing, Inc. has been selected by the Minnesota Office of Higher Education and the Minnesota State Board of Investment as the Plan Manager for the Minnesota College Savings Plan. Minnesota College Savings Plan account owners can choose from six low-priced investment options. Account owners have invested nearly $950 million dollars in Minnesota College Savings Plan to date.

If you're interested in learning more about MN College Savings Plan,  please click here.

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