Have you heard of GradSave? If you have children and are wanting to save for college, you might want to check it out. It is a great resource for getting contributions for your child's college fund from family and friends. They can contribute to your child's GradSave account, then you link it to a 529 college savings account (tax-free!). David and I are so excited about the GradSave account we just set up for Lucia, because we have many family members who send Lucia money for holidays. Now we can direct them to her GradSave account. (You can even share your little one's account on Facebook and Twitter!)
Right now, GradSave has a $10,000 Scholarship Sweepstakes! Go enter! As my mom always says, "Someone has to win and there is no reason why it can't be me." Wouldn't that be a wonderful addition to your child's college savings? Click here to go to the entry form. See below for the nitty-gritty sweepstakes details.
Eligibility. If you are an individual legal resident of the United States (except for the State of Rhode Island) or the District of Columbia and are 18 years of age or older at the time of entry, you are eligible to enter the Sweepstakes. Our employees, their immediate family members (spouses, domestic partners, parents, grandparents, siblings, children and grandchildren), and our affiliates, advisors or advertising/promotion agencies (and their immediate family members) are not eligible to enter the Sweepstakes.
Prize. We will award one (1) Grand Prize Scholarship that will be payable, at the option of the winner, either as (i) a deposit of $1,000 per year for the next 10 years into a child’s college savings fund ($10,000), or (ii) an up front payout of $4,000, which represents the present value of an investment in a college savings fund for a 1 year old with withdrawals starting at age 17 and a 6% compounded annual rate of return on such investment (This just shows you how a college savings fund grows…); provided that, if the winner is a resident of the State of Florida or the State of New York, such winner must select the upfront payment of $4,000. In the case of a single payout option (i.e., option (ii) above), Actual future value of scholarship may vary based on the return rates of your particular college savings fund and/or the age of child.Odds of Winning. Odds of winning depend on the number of eligible entries received. Certain promotions will be held where additional entries will be awarded as prizes for action, which may include liking us on Facebook, entering free photo contests, etc. Check our home page at www.gradsave.com for more information on these free promotions.
This is a post sponsored by GradSave. See disclosure policy.