WKYT - Richmond - Headlines

September named College Savings Month

As students get settled in at Eastern Kentucky University, the Governors office chose it to announce September as College Savings month Monday.

They want to remind parents that it's never too early to begin saving for their children's education.

The announcement was part of the push to inform more parents about the state's Education Savings Plan. This program allows parents to begin saving at an early age. That money can then be withdrawn tax-free, to pay for college tuition.

In attendance was a mother who used the program and whose son is now attending EKU.

"If you are a family who believes in college, you can afford it no matter what your income level may be," said State Secretary Johnathan Miller.

Secretary Miller said that one of the reasons they chose EKU as the location for this announcement is because so many counties in Eastern Kentucky have low participation in the Education Savings Plan and that's something the Governor's office hopes to change.

You can get more information on the program at www.gotocollege.ky.gov.

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