Nebraska college savings plan to hold scholarship drawing

September 17, 2017

LINCOLN, Neb. (AP) — Nebraska grandparents are being invited to participate in a contest that could help them provide for their grandchildren’s college costs.

The NEST 529 College Savings Plan and First National Bank of Omaha will celebrate National Grandparents Day on Sunday with the kickoff of the annual Dear Grandchild scholarship drawing.

Participating grandparents write letters of no more than 500 words to their young loved ones expressing their hopes and the importance of higher education.

Ten grandparents will be selected to each win a $529 contribution to a new or existing NEST account for the beneficiaries of their choice.

Submission deadline is Nov. 30. Winners will be selected by random drawing in December.