The Kansas 529 college savings program (Learning Quest) is offering a three year pilot program offering matching grants for those who meet earnings requirements. Those accepted into the pilot program must have a gross income of 200% of the Federal Poverty Level or less. They can get up to $600 a year to invest in education savings. If you or someone you know is interested, call the State Treasurer’s office at 785-296-3171. For more information, go to www.kansasstatetreasurer.com/kids
Enrollment is limited to 400 participants for the first year of the program.
Download your application today!
If you don’t already have a Learning Quest account, you’ll also need to download a Learning Quest account application
from here and send it with your KIDS application.
How it works:
Participant must be a resident of Kansas
Household Federal Adjusted Gross Income for all members must beless than 200% of the Federal Poverty Level.
Families must open a Kansas Learning Quest Education Savings accountby either signing up for an automatic monthly withdrawal from their bank account or through payroll deduction of at least $25 or making a one-time contribution of at least $500.
Each January, the State Treasurer’s office will review contributions made to each account for the previous year to determine the amount of matching grant funds that the account will receive.
To receive matching grant funds, participants must contribute at least $100 a year.