- (1) Applications are time-limited in release and review.
- (2) Application window will be for 60 days, starting January 1 of each calendar year.
- (3) After 60 days, the application window closes, with no new applications being taken until the next calendar year.
(4) Submitted applications will be reviewed, following the application closure.
- (a) Applications shall be reviewed within 45 days of the window closure.
- (b) Applicants may be contacted to review submitted information to ensure information is correct.
- (5) A reviewed and approved application will receive a cash-match deposit to the identified 529 savings account, up to $300 per family per calendar year.
KEY: education savings incentive, intergenerational poverty
Date of Last Change: January 2, 2024
Authorizing, and Implemented or Interpreted Law: 35A-9-603(4)