"People don't want to send checks," said Mary Morris, CEO of Virginia529. Morris says Virginia529's online gifting platform grew quickly after it launched in late May. About 1,200 accounts received cash gifts in the three weeks after it went live. The average gift was $900, probably as graduation gifts, said Morris, "It's that season."
A group of newborn babies in Virginia have gotten some help with college already. 17 babies won college savings accounts valued at $529 from Virginia529.
The Suffolk News-Herald
A Memorial Day baby at Sentara Obici Hospital is starting life ahead of the college-cost curve. Asiyah Perry, the newborn son of Caress Smith, won a $529 Virginia529 college savings account by virtue of being the baby born closest to 5:29 p.m. on May 29 at Sentara Obici Hospital.
CBS 6 WTVR
The Virginia529 college savings plan is celebrating 20 years of helping parents pay for higher education for their children. Since it was founded, hundreds of thousands of Virginians have participated in the program, which has become the largest of its kind in the nation.
CBS 6 WTVR
Giving the gift of education is one of the most impactful investments you can make in a young person’s life. Mary Morris from Virginia529 stopped by our studio to fill us in on 529 Day and how you can win an extra $20,000 by opening a college savings account.
The Washington Post
If you have a high school student trying to decide between a college that won’t require student loans — or very little — and one that would necessitate heavy borrowing, listen to what it feels like for a young adult not to have the burden of education debt.
Many investors want to ensure their assets won’t be used to fund activities that they consider unethical or immoral. Depending on one’s moral compass or religious beliefs, this might mean excluding activities such as gambling, businesses that pollute, or weapons manufacturing.