INCENTIVES AND COMMUNITY MATCHING GIFTS

ENROLLMENT INCENTIVE

● Students are eligible for a $25 initial investment into any NEW 529 account created as part of school registration or a back-to-school event.

● The enrollment incentive is available for students in grades K-2.

● The $25 is provided by our enrollment sponsor, Jimtown Faculty and Staff.

● Parents/Guardians who open the CollegeChoice 529 DO NOT need to invest any of their own funds to qualify for this $25 incentive.

COMMUNITY MATCHING GIFTS

● Students with accounts will ask their champions to invest in them. Any student that raises $25 or more is eligible for a community matching gift.

● The community matching gift is available for students in grades K-2.

● The match is provided by funders and organizations in Elkhart County.

● Accounts must reflect a contribution(s) totaling $25 during the champion period to qualify for this community matching gift.

● A “matching grant account,” linked to the child’s primary CollegeChoice 529 account, will be automatically opened for any child who becomes eligible based on the criteria above. The community matching gift will be deposited into this matching grant account and will appear on their account statement and online account as a separate account.

● Community matching gifts in these accounts will only be disbursed to a qualified educational institution for use by the original beneficiary. If the primary CollegeChoice 529 is closed, a non-qualified withdrawal is made, or the beneficiary is changed, matching gift funds will be forfeited.