AZ529, Arizona’s Education Savings Plan together with the Arizona State Treasurer’s Office are asking Arizona fifth graders: “What is your dream job and how do you plan on achieving it in the future?” That is the theme for this year’s third-annual essay writing contest, which is open to fifth-grade students across Arizona.
A total of 20 winners will be selected across the state and receive $529 towards opening a new or existing AZ529 Education Savings Plan. One winner will be selected from each of Arizona’s 15 counties and at least one winner each representing a district, charter, private, tribal school and homeschool will be selected. Up to five additional winners will be awarded in Maricopa and Pima counties, based on higher population.
In all, more than $10,500 will be distributed to 20 students to assist in saving for their educational plans beyond high school. Parents or guardians of the winners will be responsiable for setting up an AZ529 account if an account does not already exist.
All entries must be submitted online to az529.gov/essaycontest or through direct mail. Entries must be received by Oct. 2, 2022, at 11:59 p.m. (MST).
“Our young students are the future of Arizona,” says Treasurer Kimberly Yee. “This essay contest gives students an opportunity to highlight their aspirations for the future and think about how they will achieve their dream job with a plan for education. Families are setting up their child’s future when they begin saving for education with an AZ529 Plan. We are excited to bring this essay contest to students across our great state.”
The AZ529 Plan has provided a successful education savings plan for Arizonans since 1999, helping families accumulate $1.9 billion in tax-deferred savings. The goal of the essay contest is to increase awareness of the AZ529 Plan and pave a path for another generation of students to achieve their post-secondary dreams through proper savings. Winners will be honored by Treasurer Yee during a special ceremony at the state capitol in October.