State Treasurer and Alabama Savings Board Chair Young Boozer announced Tuesday that the CollegeCounts Scholarship Program recently awarded $1.07 million in college scholarships to 403 Alabama students representing 57 counties.
CollegeCounts — Alabama’s 529 college savings fund — offers scholarship awards of $4,000 for four-year college enrollees and $2,000 for two-year college enrollees to eligible recipients pursuing higher education at institutions in Alabama. No taxpayer funds are used for this scholarship program.
These scholarships must be applied to tuition, fees, books, supplies and equipment required for course load, including computers. Funds can also be applied to on-campus room and board expenses or off-campus housing if enrolled at least half-time and billed through the school.
“Since 2013, we have awarded $13.8 million to approximately 4,000 Alabama students going to Alabama colleges. CollegeCounts is investing in Alabama’s students so that they may one day invest in our State’s future,” said Boozer.
For more information about CollegeCounts, Alabama’s 529 Fund and how to open an account, visit CollegeCounts529.com.
