Skip to Content
ON AIR NOW4:00 AM - 9:00 AMSONRISE
listen live
Home

Gearing Up For Keystone Scholars

/ WDAC

BERWICK РPA Treasurer Joe Torsella celebrated the passage into law of the state Treasury’s new scholarship grant program called Keystone Scholars. Designed to help encourage higher education and to help families start saving early, Torsella created the program to provide a $100 scholarship grant account at birth for every child born or adopted in Pennsylvania to be invested in a PA 529 account for higher education expenses. The program, starting January 1, 2019, does not use any taxpayer funds, and operates through a combination of surplus funds and philanthropic donations. The Keystone Scholars legislation was passed as part of the 2018-19 budget. The scholarship grant will grow through investment. Families have until their child turns 29 years old to use the funds, which can be used for any qualified higher education expense at an approved institution of higher education, including most trade schools, vocational programs, community colleges, and universities in or outside Pennsylvania. For more information, visit pa529.com/keystone.

Comments are closed.