OMAHA, Neb.--(BUSINESS WIRE)--
Nebraska’s 529 College Savings Plans (NEST), First National Bank of Omaha and Nebraska State Treasurer Don Stenberg announced today the Cute Baby! Photo Drawing running now through June 1, offering more than $10,000 in NEST 529 College Savings scholarships to randomly drawn winners.
The Cute Baby! Photo Drawing gives families across the United States the opportunity to submit photos of their babies ages newborn to 18 months as of April 22, 2014. By uploading a photo and providing basic contact information, the family will be registered to win. To enter and read official rules, families can go to NEST529Scholarships.com.
“The NEST Cute Baby! Photo Drawing provides an exciting opportunity for families to get a head start on college savings for their bundles of joy,” said Deborah Goodkin, Managing Director of NEST at First National Bank of Omaha, the NEST Program Manager. “Our hope is that people enjoy all these adorable photos and start thinking early about saving for college.”
“Our goal is to encourage young families to begin saving for higher education expenses when their children are newborns and toddlers. By starting to save when children are very young, families develop the habit of saving for the higher education needs of their children. And they are able to accumulate substantial savings as their children grow,” State Treasurer Stenberg said.
The Cute Baby! Photo Drawing includes four rounds of winners that will be randomly drawn. The first three rounds of drawings will provide NEST 529 scholarships of $50, $100 and $200 to one winner each. The winners will be drawn from all valid entries every two weeks on May 5, May 19 and June 2. The Grand Prize winners will be drawn from all valid entries submitted throughout the contest period. These prizes, drawn on June 6, will offer NEST scholarships of $1,500, $2,500 and $5,000 to one winner each. Annually, NEST awards more than $100,000 to families inside and outside of Nebraska through a number of scholarship initiatives.
The NEST Cute Baby! Photo Drawing is inspired by the NEST Baby campaign, which is designed to get families of little ones thinking about the future and saving for higher education to help make their children’s dreams a reality. Money for the prizes is being provided by First National Bank of Omaha.
NEST is a tax-advantaged 529 college savings plan and provides four plans to help make saving for college simple and affordable: NEST Direct College Savings Plan, the NEST Advisor College Savings Plan, the TD Ameritrade 529 College Savings Plan, and The State Farm College Savings Plan. The Nebraska State Treasurer serves as the Program Trustee. First National Bank serves as the Program Manager, and all investments are approved by the Nebraska Investment Council. Families nationwide are saving for college using the NEST 529 plans, which have more than 214,000 accounts, including 61,000 in Nebraska. Visit NEST529.com for more information.
About First National Bank
First National Bank of Omaha is a subsidiary of First National of Nebraska, which is the largest privately owned banking company in the United States. First National and its affiliates have $17 billion in managed assets and nearly 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.
Investments Are Not FDIC Insured* - No Bank, State or Federal Guarantee - May Lose Value
*Except the Bank Savings Individual Investment Option
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