Kids to College
when a family plans for their child’s future by setting aside funds for college, the child is four times more likely to complete a degree
In partnership with the Children’s Foundation of Mississippi, Entergy has launched a My529 college savings account program that will donate $60,000 to help low-and moderate-income Mississippi families establish 1,200 child savings accounts. Eligible families can sign up for a Kids to College my529 account with the help of CFM and a $50 match from Entergy. A child savings account is a savings account designed specifically for postsecondary education. These accounts allow families to put money away to start saving for their children to attend a two- or four-year college, trade school or technical school.
Families may sign up for a Kids to College my529 account for each child under age 16. Eligibility requirements to qualify for Entergy’s $50 match include:
- Must be an Entergy customer.
- Families must meet income thresholds of either single parent or guardians with up to $52,000 annual income or dual earner households with $60,000 annual income.
- The child savings account must reach a $50 balance to receive the matching funds.
The program is made possible thanks to an endowment fund created in honor of Entergy’s late Chairman and CEO J. Wayne Leonard.
Eligible individuals can sign up for an account through the Kids to College and Children’s Foundation of Mississippi program portal here.