June 05--A Burlington girl is on her way to college savings after being chosen the Alamance County winner of the N.C. 529 scholarship contest.
Maggie Boyd, a fourth-grader at E.M. Holt Elementary School, was surprised to receive the news about being the contest winner.
"I was confused at first, then I was really excited," Boyd said. "My mom had not told me about the contest, so I was really surprised."
The N.C. 529 Plan chose a winner from each of North Carolina's 100 counties in a random drawing. The contest ran from Jan. 6 to April 30, and received almost 200,000 entries. Scholarships are awarded in the form of a contribution of $529 to an N.C. 529 Plan college savings account.
"I saw a billboard on the interstate stating that a child from every county in North Carolina would win, and I realized that there was a good chance Maggie could win," said Karen Atwater, Boyd's mother.
If Boyd finishes college, she would be the first in her family to receive a four-year college degree.
"When I learned about the possibility of winning $529 and that the minimum contribution to an N.C. 529 account was just $25, I realized I could put money away for college a little at a time in a program where it could grow," Atwater said. "I'm saving for my daughter's future -- and my goal is to help her be the first in our family to go to college."
Boyd enjoys reading and regularly attends the Awesome Readers Book Club at the Mebane Library. She also enjoys being a part of the Olympians Club at Kinnett Memorial Baptist Church. She hopes to attend either Liberty University or Elon University, and hopes to become a fashion designer. "My friend and I have it all planned out," she said.
The N.C. 529 Plan offers a tax-advantage way for individuals to save and pay for higher education. The plan currently has 127,902 accounts and more than $1.5 billion in total assets. For more information, visit CFNC.org/NC529 or call 800-600-3453.
College Foundation of North Carolina is a partnership of three agencies that help students plan, apply, and pay for college: Pathways, the N.C. State Education Assistance Authority and College Foundation Inc. Its services are provided free of cost. The State Employees' Credit Union provides the scholarship funds.
A complete list of the winners is available at CFNC.org/NC529contest.
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