Nevada State Treasurer Kate Marshall visited Eureka Elementary School on Sept. 26 to speak with parents of kindergarten students about the Nevada College Kick Start Program.
Parents were told a savings account with an initial deposit of $50 was being established in their child’s name. The money would remain in the account, accruing interest, until their child was ready to enter college. The funding for this is being generated through grants, private sponsorships, and program management fees. No taxpayer dollars are being utilized, It is Marshall’s hope that parents will open their own college savings account and contribute additional dollars to it over the next thirteen years.
Marshall told parents that establishing a college savings account for their child will dramatically increase their child’s likelihood of attending college because saving for college sends a strong message to children that they are college bound.