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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 Doreen H April 25, 2012 at 9:59 pm

A couple of years ago, we started one for my grandson.

2 Robert April 25, 2012 at 9:59 pm

No, I haven't started one for my kids, yet.

3 Liz April 25, 2012 at 10:15 pm

We have a savings account for the kids but no college fund yet.

4 Liz April 25, 2012 at 10:15 pm

I'm an email subscriber.

5 Mindy Ranck April 25, 2012 at 10:17 pm

I don't have one for my kids. Said I was going to start one when they were little, but never did.

6 Mindy Ranck April 25, 2012 at 10:18 pm

I am a facebook subscriber

7 Melissa A. April 25, 2012 at 10:22 pm

No I don't have a college fund for your kids

8 Melissa A. April 25, 2012 at 10:22 pm

I meant my kids :)

9 Melissa A. April 25, 2012 at 10:23 pm

I like DSM on Facebook

10 Melissa A. April 25, 2012 at 10:24 pm

I subscribe to your emails

11 Trisha April 25, 2012 at 10:48 pm

I haven't started saving yet. I've been going back to school myself and trying to figure out how to pay for it.

12 Trisha April 25, 2012 at 10:50 pm

I liked Deal Seeking Mom and CollegeAdvantage on Facebook.

13 Trisha April 25, 2012 at 10:52 pm

I follow @DealSeekingMom on Twitter and tweeted the giveaway.

14 Trisha April 25, 2012 at 10:53 pm

already subscribed

15 Faith April 25, 2012 at 11:14 pm

no college fund yet.

16 Faith April 25, 2012 at 11:15 pm

I liked DSM and College Advantage on FB

17 Faith April 25, 2012 at 11:15 pm

I subscribe via email

18 Michelle W April 26, 2012 at 12:04 am

I do have an account for my kids education. We started them when they were born.

19 Michelle W April 26, 2012 at 12:04 am

Like you both on FB

20 Michelle W April 26, 2012 at 12:05 am

Email subscriber

21 Julie Nguy April 26, 2012 at 12:26 am

Yes, we do.

22 laura v April 26, 2012 at 12:29 am

i am a email subscriber don;t have any college fund, liked you on facebook

23 laura v April 26, 2012 at 12:35 am

deal seeking mom i got a blank page when i tried to like CollegeAdvantage on Facebook?

24 Lei April 26, 2012 at 1:28 am

We don't yet have a college fund for our kids but are thinking about setting up one

25 Lei April 26, 2012 at 1:29 am

I already liked Deal Seeking Mom on Facebook.

26 Lei April 26, 2012 at 1:29 am

I already liked College Advantage on facebook

27 Lei April 26, 2012 at 1:30 am

I already subscribe to your feed via email.

28 Scott Ellis April 26, 2012 at 1:34 am

We do not have a fund set up for our kids yet. :-(

29 Scott Ellis April 26, 2012 at 2:02 am

I like you both on fb.

30 Scott Ellis April 26, 2012 at 2:30 am
31 Scott Ellis April 26, 2012 at 2:33 am

email subscriber

32 Luke April 26, 2012 at 2:35 am

No kids yet, but I attend college! I don't have a college fund, Pell Grants, scholarships and outta pocket for me.

33 Luke April 26, 2012 at 2:40 am

I signed up for your emails!

34 Molli April 26, 2012 at 2:42 am

I don't have kids yet, but use this to help me get through without taking on student loans!

35 Molli April 26, 2012 at 2:42 am

I get your emails.

36 Trung Nguyen April 26, 2012 at 5:10 am

Yes, we have college funds for our kid.

37 Trung Nguyen April 26, 2012 at 5:10 am

FB fan (trung nguyen)

38 Trung Nguyen April 26, 2012 at 5:11 am

email subscriber

39 Trung Nguyen April 26, 2012 at 5:12 am
40 Marie R April 26, 2012 at 7:53 am

No we do not

41 amy b. April 26, 2012 at 8:44 am

I don't have a college fund but have plans to start one this year!

42 Jen April 26, 2012 at 8:55 am

All 3 of our kids have savings accounts, but not a college savings account specifically.

43 Jen April 26, 2012 at 8:55 am

I'm an email subscriber!

44 Emily April 26, 2012 at 8:57 am

I don't yet, but I'm planning to start them.

45 Emily April 26, 2012 at 8:58 am

I'm an email subscriber.

46 Emily April 26, 2012 at 8:58 am

I like you both on facebook.

47 karina house April 26, 2012 at 9:23 am

I have money earned at Upromse, but I haven't yet created a 529 account.

48 karina house April 26, 2012 at 9:24 am

I subscribe via email.

49 Lisa M April 26, 2012 at 10:50 am

We do not have a college savings for our son but it is one of the financial baby steps we will soon be on.

50 Lisa M April 26, 2012 at 10:50 am

I am an email subscriber

51 Brittnee G April 26, 2012 at 11:41 am

I don't have kids yet, but as soon as we are starting to plan for the baby part of the plan is to open a college savings plan as their first gift!

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