Drawings for college savings scholarships start Thursday

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Tennessee Department of Treasury

More than 1,500 families have signed up for the TNStars College Savings 529 Program $10,000 scholarship giveaway since Dec. 1, and the daily random giveaways begin on Dec. 15.

Ten Tennessee kids will win $1,000 college scholarships that will be put into TNStars accounts, just for entering online.

Tennessee residents age 21 and older can enter online at TNStars.com/Scholarship now through Dec. 28 to win on behalf of a child age 18 or younger. One entry is good for the entire contest period. There is no purchase necessary to enter, but winners will need to establish a TNStars account where the scholarship will be deposited. The $1,000 prize can be used by the winning beneficiary to cover future post-secondary education expenses.

In addition to the scholarship giveaway, TNStars recently announced special holiday incentives for both new and existing accounts. Now through Dec. 31, those who open a new TNStars account with as little as $100 can get a $25 holiday gift added to their account. Or, both new and existing accounts can receive a special $100 gift for every $1,000 contributed to their TNStars account, up to a $500 gift. All incentives are for Tennessee residents only.

TNStars is designed to give Tennessee families high quality investment options at a low cost to help them put aside money for higher education expenses. Tennesseans can invest directly with the program and money can be withdrawn tax-free from a TNStars account as long as it is used for qualified post-secondary education expenses. Saving for College, LLC, a trusted national source for information on college savings plans, has named TNStars a top-ranked program for investment performance consistently since 2014.

A program of the Tennessee Treasury Department, TNStars encourages all to give the gift of the future this holiday. To enter the scholarship giveaway or to get more information on the program, visit TNStars.com.

All contest entries and winners are subject to the Official Rules of the TNStars, 10 Kids: $10,000 Scholarship Giveaway.

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