Grandparents: Help pay for your grandkids’ college education | PostIndependent.com

Grandparents: Help pay for your grandkids’ college education

Glenwood Springs, Co Colorado

Grandparents can use their words to help send their grandchildren to college.September is College Savings Month and CollegeInvest – a nonprofit higher education financing resource based in Colorado – is sponsoring the Grandparents Scholarship Contest.Grandparents can win one of 10 $5,000 scholarships by submitting essays of 250 words or less answering the question: “What are your hopes and dreams for your grandchild or grandchildren and how would a college education help make that possible?””Colorado grandparents have a great opportunity to give their grandkids the gift that lasts a lifetime, the gift of higher education,” said Jennifer Robinson of CollegeInvest, a division of the Colorado Department of Higher Education, in a press statement. “College Savings Month is a great time to remind parents and grandparents alike that it’s never too early to start saving for college.”CollegeInvest will award a total of $50,000 in college savings plans to the grandchildren of Coloradans. Winners will be selected from five regions throughout the state: The Western Slope (two winners) The Pikes Peak region Pueblo and southeastern Colorado (two winners) The Denver metro area and northeast Colorado (four winners) Northern Colorado, including Loveland, Fort Collins and GreeleyThe essay contest is open to Colorado residents with grandchildren or great-grandchildren 12 years or younger. To receive an entry form, go to http://www.collegeinvest.org/grandparents, call (303) 376-8844 or e-mail your full name and mailing address to grandparents@collegeinvest.org. Essays must be entered online or postmarked by Friday, Sept. 28.CollegeInvest offers college savings plans that combine federal tax advantages with a Colorado income tax deduction for contributions. Families can open a CollegeInvest college savings plan with as little as $25 and add as little as $15 at a time.


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