ScholarShare Investment Board
Current News
California parents and families should invest their tax refunds in their children by using the state’s college savings program, ScholarShare.
“Many Californians will find themselves with a little extra income this spring,” said Lockyer. “Putting a tax refund into a ScholarShare account gives parents and families the opportunity to make an investment in their children’s future and is a smart financial move. Higher education costs continue to rise and so does the importance of obtaining a college degree, making saving early for college all the more vital.”
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First awards under ScholarShare program that rewards achievement and encourages families to save for college go to 21 kindergartners through sixth graders.
“I’m excited to be able to present these deserving students with awards and to provide them and their families an opportunity to start saving for college,” said Treasurer Lockyer. “Higher education is becoming an increasingly important pathway to a good job and solid future, and every student who works hard and achieves deserves the opportunity to obtain a college degree. Through this partnership with the Sacramento County Office of Education, I hope the SPARC program provides parents and students the incentive to begin planning to pay for the rising cost of going to college.”
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ScholarShare Project for Achievement and Recognition of Creativity (SPARC) contest will award $150,000 in college savings scholarships to 200 K-12 students in Sacramento-area schools. - October 16, 2007
“In the modern economy, a college education is the pathway to a good job and solid future,” said Treasurer Lockyer. “Every student who works hard and achieves deserves the opportunity to obtain a college degree. This partnership with the Sacramento Office of Education will provide needed funds to help more students pay for the rising cost of going to college, get students excited about their futures, and encourage families to save early for college.”
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ScholarShare has been listed as one of five “top choices” by Money Magazine in a national survey of 529 plans - August 3, 2007
“Saving for college is becoming increasingly burdensome for parents and families but I’m glad that Californians have one of the best savings options available to them right here in their own back yard,” said Treasurer Lockyer. “529 plans are clearly the most effective way to save and ScholarShare is leading the way by providing low-cost, tax-free investment options.”
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