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$10,000 scholarship giveaway returns

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The TNStars College Savings 529 Program recently announced the return of its most popular scholarship giveaway, the TNStars, 10 Kid: $10,000 Scholarship Giveaway. This month, 10 Tennessee kids will win a $1,000 scholarship into a TNStars account, 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. Daily winners will be drawn at random beginning Dec. 15. 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.

Last year, more than 2,300 Tennesseans entered the scholarship giveaway. TNStars College Savings 529 Program gave away the $1,000 scholarships at an event for the winners and their families at the Tennessee State Capitol in January.

"Meeting the families of our scholarship winners was a highlight of my year," said State Treasurer David H. Lillard Jr. "It has been my imperative to help Tennesseans better prepare for the costs of higher education. I am proud to provide this quality college savings program as a resource to all families."

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 Tennesseans can invest directly with the program, and money can be withdrawn tax-free from a TNStars account as long as it is used for qualified post-secondary education expenses. The savings program has been consistently nationally ranked by Saving for College, LLC for investment performance since 2014.

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 card 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.

To enter the scholarship giveaway or to learn more, visit TNStars.com.

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