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New Matching Grant Program

KS Wants to Help Pay the Bill to Send your Kids to College

by Diane Bacon

May 01, 2007

A new matching grant program called K.I.D.S., the Kansas Investments Developing Scholars is part of the Learning Quest 529 Education Savings program administered by the Kansas State Treasurer"s office.  K.I.D.S. was developed specifically for Kansans with incomes below 200% of the federal poverty level.

Participants in K.I.D.S. can receive up to $600.00 a year from the state to invest in their Kansas 529 Education Savings accounts.  

K.I.D.S. is a three-year pilot program limited to 800 people in 2007 and 1,200 people in 2008.

Participants must be Kansas Residents.  To find out if you are eligible, the total Federal Adjusted Gross Income for all members of the participant's household must be less than the amounts listed below.  

Household of:

1= $20,420.

2= $27,380.

3=$34,340.

4=$41,300.

5=$48,260.

6=$55,220.

7=$62,180.

8=$69,140.

For each additional person in the family, add $6,960.

If you believe you are eligible and would like more details on the program and how to apply, please call 785-286-3171 or go to www.kansasstatetreasurer.com/KIDS for more information, including an application.  

To discover how Learning Quest can help you start saving for your children's future, visit www.learningquest.com or call 1-800-579-2203 to speak with a Learning Quest Specialist.  

For more information, you may contact or write to the following:

     Office of the Kansas State Treasurer

     Lynn Jenkins, CPA

     900 SW Jackson, Suite 201

     Topeka, Kansas 66612

     785-296-3171

The information listed above is from a brochure from the State Treasurer's Office with permission to be shared through all school publications.

 

 
 

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