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 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 will receive a $50 contribution 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.
Eligible families will receive a $50 boost from Entergy just by opening the account. There is no signup fee and no monthly minimum required for opening the account. For every $50 that a family puts in, Entergy will match another $50. To receive the boost, families:
- Must be an Entergy customer.
- Must meet income thresholds of either single parent or guardians with up to $60,000 and $80,000 for dual earners.
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.