Clay County Free Press
  • News
    • Local
    • Sports
    • Notices
    • Courthouse News
      • Booked
      • Magistrate News
  • Obituaries
  • Opinions
    • Can You Identify
    • Cook’s Corner
    • Echo From the Hills
    • Salt & Sonshine
    • The Baptist Classroom
  • Spiritual
    • Diocese of Wheeling-Charleston
    • Transcendental Meditation
    • Parabola
    • Southern Baptist
  • epress
  • State News
  • National News
  • Mountain Media, LLC
  • Contact Us
  • My Account
  • Login
Subscribe For $2.50/Month
No Result
View All Result
  • News
    • Local
    • Sports
    • Notices
    • Courthouse News
      • Booked
      • Magistrate News
  • Obituaries
  • Opinions
    • Can You Identify
    • Cook’s Corner
    • Echo From the Hills
    • Salt & Sonshine
    • The Baptist Classroom
  • Spiritual
    • Diocese of Wheeling-Charleston
    • Transcendental Meditation
    • Parabola
    • Southern Baptist
  • epress
  • State News
  • National News
  • Mountain Media, LLC
  • Contact Us
  • My Account
  • Login
No Result
View All Result
Clay County Free Press
No Result
View All Result
  • National News
  • WV State News
  • VA State News
  • Subscribe
  • Contact Us

SMART529 College Savings Program surpasses $2 billion in financial assets

February 26, 2014
in Local Stories
Reading Time: 2 mins read
Share on FacebookShare on Twitter

West Virginia State Treasurer John Perdue joined with Senate President Jeff Kessler, House Speaker Tim Miley and other state officials today to announce that SMART529, West Virginia’s College Savings Plan, has surpassed $2 billion in financial assets.

“Reaching $2 billion in investments is a significant achievement for the SMART529 program. It is evidence that more and more West Virginians are investing in the future of their children and preparing for life after high school,” said Treasurer Perdue, who serves as chairman of the SMART529’s governing board. “Saving for college has never been more important, with tuition costs rising and student debt climbing.”

The SMART529 College Savings Program was established 11 years ago under Treasurer Perdue’s leadership. Currently, SMART529 has more than 120,000 account owners.

“Based on today’s rates, the average cost of college is more than $18,000 a year. Even if your child receives a PROMISE scholarship, it may not be enough to cover all the expenses associated with costs of higher education. Parents need to act now, to make sure their child isn’t left behind,” Perdue said.

Today’s announcement was one of many taking place in recognition and celebration of Higher Education Day at the West Virginia Legislature.

Just last week, the SMART529 WV Direct College Savings Plan was listed on CNBC’s website as one of the top 10 college savings plans in the nation. It has also been given a 5-cap rating on savingforcollege.com, the highest rating a plan may receive.

A SMART529 account may be used for higher education expenses at most colleges, universities, vocational, technical and trade schools around the nation. There are also state and federal tax incentives.

SMART529 is a qualified tuition program issued by the West Virginia Prepaid College Tuition and Savings Program Board of Trustees and administered by Hartford Life.

SMART529 refers to West Virginia’s specific plan. For more information or to enroll, go to SMART529.com or call 1-866-574-3542.

Previous Post

Senator Cann calls for cell tower collapse investigation

Next Post

Attorney General Patrick Morrisey announces initiative to expand access to disposal locations for unwanted prescription drugs

Join Our Newsletter

  • Subscribe
  • Contact Us
  • My Account
  • Clay Free Press e-Edition

© 2021 Mountain Media, LLC.

  • Login
  • Sign Up
  • Cart
No Result
View All Result
  • News
    • Local
    • Sports
    • Notices
    • Courthouse News
      • Booked
      • Magistrate News
  • Obituaries
  • Opinions
    • Can You Identify
    • Cook’s Corner
    • Echo From the Hills
    • Salt & Sonshine
    • The Baptist Classroom
  • Spiritual
    • Diocese of Wheeling-Charleston
    • Transcendental Meditation
    • Parabola
    • Southern Baptist
  • epress
  • State News
  • National News
  • Mountain Media, LLC
  • Contact Us
  • My Account
  • Login

© 2021 Mountain Media, LLC.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Forgot your password?

Lost your password? Please enter your email address. You will receive mail with link to set new password.

Back to login