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Win-It Wednesday: $100 College Scholarship from CollegeAdvantage (1 Winner!)

by Tara Kuczykowski on April 25, 2012 · 103 comments

Join me every week for Win-It Wednesday. I’ll be posting 24-hour giveaways at 8 a.m., 2 p.m. and 7 p.m. ET to give you plenty of chances to win!


What better time than now to start saving to give your kids a little extra help in obtaining a college education?!  I had the opportunity to learn about the CollegeAdvantage 529 Savings Plan, and I was really inspired to start a savings plan for our kids. I've always been adamant that I'd like for our children to have some responsibility in paying for their education so that they don't take it for granted, but I'd definitely like to be able to assist them in their efforts, so this seems like a fantastic option for us.

Ohio Tuition Trust Authority is encouraging families to consider investing using their tax return dollars.  Now through June 1, 2012 Tuition Trust will provide a $25 account bonus to any new CollegeAdvantage direct account with a $500 or more initial contribution.  Additionally, any existing account holders who make a onetime contribution of $3,000 to an account by April 30, 2012 will receive a $50 bonus.

Even without a big boost from your tax return, you can still start saving!  You can invest as little as $25 to get started and can easily make contributions through payroll deduction or electronic funds transfers.  Future participants can enroll online, download enrollment materials or request enrollment materials by calling 1-800-AFFORD-IT.  Getting started is easy! Families can enroll by going online at www.collegeadvantage.com. Enrolling takes as little as 10 minutes.

Features of the CollegeAdvantage 529 Savings Plan include:

  • Earnings are tax-free.
  • Deduct contributions from Ohio taxable income ($2,000 annually).
  • Use your funds at any college in the country.
  • Pay for tuition, room and board, or books.
  • Contribute as little as $25 at a time.
  • Benefit from professional money management by leading financial firms.
  • Save with FDIC-insured bank products.
  • Pay no enrollment fee, no maintenance fee and low administrative fees.
  • Transfer funds to another child.
  • Withdraw funds at any time.
  • Change investment options.

Those are some pretty compelling reasons to open a 529 savings plan if you ask me.

One lucky Deal Seeking Mom reader will win a $100 College Scholarship from CollegeAdvantage to help boost your current account or create a new one! Note that you do not need to be an Ohio resident to win this giveaway. CollegeAdvantage will assist you in setting up a plan that works for you.

To enter, tell me if you've started saving money for your kids' college tuition yet.

+++++++++++++++

Every reader has four methods available to enter this contest. Choose one each of any combination of method one, two, three, or four for up to a total of 4 entries!!!

If you are reading this in your email or feed reader, please CLICK HERE to visit the original blog post to enter. Email entries will not be counted.

Methods of entry:

1. Leave a comment. Do you have a college fund for your kids?

2. "Like" Deal Seeking Mom and CollegeAdvantage on Facebook. Come back and leave a separate comment letting me know you've done so!

3. Follow @DealSeekingMom on Twitter and tweet the following. Be sure to come back and leave a separate comment with the link to your tweet!

Enter to win a $100 College Scholarship from CollegeAdvantage and @DealSeekingMom: http://dealseekingmom.com/?p=122987 #Ohio529

4. Subscribe to my feed via RSS or email. You must confirm your email subscription for it to be a valid entry! Leave a separate comment letting me know you have done so. If you’re already a subscriber, simply leave a separate comment letting me know you’re already subscribed. Lovin’ my subscribers! You guys make this all possible.

Prize:
(1) $100 College Scholarship from CollegeAdvantage as described above.

This giveaway ends at 2:00 p.m. ET on Thursday, 4/26 and is open to all U.S. residents 18 years or older. I’ll use Comment Contest to select the winning comment. Winner will be notified by email and listed on my Giveaway Winners page. Winners must respond within 48 hours of notification to claim their prize. Good luck!

While you’re in a contest entering mood, don’t forget to check out the Giveaway Gathering for a variety of contests being hosted on Deal Seeking Mom readers’ blogs!

{ 103 comments }

1 Jeff April 25, 2012 at 3:49 pm

I have an account for each of my wonderful children.

2 Linsey Knerl April 25, 2012 at 3:52 pm

I have a college fund for all of the kids in a traditional savings account. I don't have it divided up between them, however. It's all lumped together.

3 Linsey Knerl April 25, 2012 at 3:53 pm

I "Like" both of you on Facebook.

4 Linsey Knerl April 25, 2012 at 3:55 pm

Follow on Twitter and tweeted here:

https://twitter.com/#!/LKnerl/status/195239407752724482

5 Claudia April 25, 2012 at 4:21 pm

No, I do not, but I need to open an account for them.

6 Claudia April 25, 2012 at 4:21 pm

E-mail subscriber.

7 Lori Z. April 25, 2012 at 4:39 pm

We have one for each, unfortunately they're about the same as they're structured to be agressive and stock based early on, but our older one lost quite a bit when the stock market tanked. This would help that though!

8 Lori Z. April 25, 2012 at 4:39 pm

I subscribe via email

9 Dee April 25, 2012 at 5:15 pm

No...not yet...

10 Jennifer April 25, 2012 at 5:18 pm

I've not set up an account yet... but I really would like to!

11 Jennifer April 25, 2012 at 5:18 pm

e-mail subscriber

12 Tammy Mauk April 25, 2012 at 5:25 pm

I don't have a fund, but I need to do it. Would love to win so I could start saving.

13 Tammy Mauk April 25, 2012 at 5:26 pm

I already subscribe. Thanks for the hard work you do.

14 Diana April 25, 2012 at 5:27 pm

We have not opened yet but have been considering what type of account to open for the kids. Thanks so much for this information and giveaway!

15 Claire April 25, 2012 at 5:28 pm

no.

16 Claire April 25, 2012 at 5:29 pm

i'm an e-mail subscriber.

17 Dee April 25, 2012 at 5:30 pm

I like you and College Advantage on fb!

18 Erica Miskin April 25, 2012 at 5:31 pm

We have one for each of our kids that we started and they add to it too.

19 Erica Miskin April 25, 2012 at 5:31 pm

I subscribe to your emails

20 Karen April 25, 2012 at 5:36 pm

We have been saving for the kids college funds putting away a small amount whenever we can.

21 Karen April 25, 2012 at 5:36 pm

I subscribe to your e mails.

22 Dee April 25, 2012 at 5:40 pm

I follow you on Twitter and I tweeted!
https://twitter.com/#!/gratheeus/status/195265796757405697

23 Dee April 25, 2012 at 5:41 pm

I subscribe to your email.

24 Scott April 25, 2012 at 5:48 pm

We have a savings account.

25 Sophie April 25, 2012 at 5:49 pm

We have a savings account.

26 Jane April 25, 2012 at 5:49 pm

We have a savings account.

27 Michelle April 25, 2012 at 5:50 pm

We have a savings account.

28 Norb April 25, 2012 at 5:50 pm

We have a savings account.

29 megan April 25, 2012 at 6:09 pm

Not yet but I would love to start one.

30 Christina Burrell April 25, 2012 at 6:10 pm

We have a529 plan for our son.

31 megan April 25, 2012 at 6:10 pm

I am a facebook fan.

32 Christina Burrell April 25, 2012 at 6:10 pm

Email subscriber

33 Jane April 25, 2012 at 6:16 pm

We have 2 accounts for the older boys, but my 2 1/2 y.o. doesn't have one yet ...

34 Cheryl Yoder April 25, 2012 at 6:36 pm

I don't have a college fund at this time, but have been thinking of getting them for my grandchildren.

35 Ursula April 25, 2012 at 7:04 pm

I do not have a college fund and our oldest is starting college in the summer. This would sure help!

36 Ursula April 25, 2012 at 7:05 pm

Subscriber.

37 Julia April 25, 2012 at 7:09 pm

yes, I have a 529 plan set up for each of my kids

38 Julia April 25, 2012 at 7:10 pm

I like Deal Seeking Mom and College Advantage on facebook

39 Julia April 25, 2012 at 7:11 pm

I subscribe to emails

40 Stephanie April 25, 2012 at 7:13 pm

No, but I wished that I'd started saving money when she was a baby!

41 Stephanie April 25, 2012 at 7:13 pm

Email subscriber!

42 lynne powell April 25, 2012 at 7:14 pm

My kids are grown now, but I would like to start a modest fund for my grandkids.

43 lynne powell April 25, 2012 at 7:14 pm

I "liked" DSM on facebook a long time ago.

44 Kristen April 25, 2012 at 8:02 pm

Yes!! We started a plan for our kids when they were born.

45 debbie j April 25, 2012 at 9:42 pm

We have 529's for both kids.

46 Carmen April 25, 2012 at 9:43 pm

We do not have a college fund for our child yet.

47 debbie j April 25, 2012 at 9:43 pm

I'm an email subscriber

48 Carmen April 25, 2012 at 9:44 pm
49 Denise Wilson April 25, 2012 at 9:58 pm

We have one for my son. We need to get one started for my 1-year-old.

50 Denise Wilson April 25, 2012 at 9:58 pm

Email subscriber

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