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Penn GSE AHEAD

Promise Indiana

    Promise Indiana is a college savings account program for the following Indiana counties: Benton, Blackford, Dearborn, Howard, Jay, Kosciusko, LaGrange, Marion, Noble, Steuben, Wabash, Whitley. Students must attend a participating elementary school in a county that has launched the program and parents ope na CollegeChoice 529 account. Accounts are seeded with $25 initial deposit, students can earn community matches and scholarship funding into the 529. The program is funded by Indiana Education Savings Authority (IESA), Lilly Endowment, Parkview Health, and coalitions of funders in each community.

    Year the Program was Founded 

    2013

    Website Links 

    http://www.promiseindiana.org

    Promise Typology Category 

    Universal eligibility programs

    State 

    Indiana

    Residency Requirement 

    N/A

    K-12 School Attendance Requirement 

    County Elementary

    Type of Award 

    College Savings Account

    Financial Award is Limited to Students with Financial Need 

    No

    Financial Award is Limited to Students who Meet Academic Achievement Requirements 

    No

    Disbursement of Financial Aid 

    First Dollar

    Year Requirement for Full Aid 

    Does not require

    Sponsored by Single Agency 

    No

    Program Offers Support Services 

    No