The Wisconsin Department of Financial Institutions (DFI), in partnership with Edvest 529, Wisconsin’s direct-sold 529 college savings plan, and the Wisconsin Coalition on Student Debt, on Wednesday announced this year’s Money Smart Wisconsin Scholarship Contest recipients.
Fifteen Wisconsin high school seniors will receive a scholarship, in the form of a $1,000 contribution to a new or existing Edvest 529 account, for their winning essay submission on how they plan to finance their college education and career training. Nine of the 15 scholarship recipients are first-generation college students.
The Money Smart Wisconsin Scholarship Contest is a part of Money Smart Wisconsin Week, a financial literacy awareness and education campaign, taking place this week, April 5-12.
Taxpayers have until April 15 to contribute to an existing 529 college savings account, or open and contribute to a new account, to be eligible for the 2024 state income tax deduction. To learn more, register to attend a free Edvest 529 webinar.
