This month, your College and Career Savings team attended the MHSAA Volleyball State Championship Games in Clinton. While we had a lot of fun cheering on the teams, we had a bigger purpose: We had some cash to give away!
I’ll admit: It wasn’t exactly cash. Instead, it was $5,000 worth of scholarships, delivered in the form of a Mississippi Affordable College Savings (MACS) account.
For those who aren’t familiar, MACS is a program offered through your State Treasury that allows families to save for education-related expenses in a tax-advantaged account. One of the things I love about these accounts is how accessible they are to Mississippians, as an account can be opened with a contribution as small as $25. Then, families can continue to contribute over time and watch those funds gather interest as their child ages. Once it’s time to use the account, families have a variety of options. They can spend the funds on K-12 private school tuition, college tuition and fees, apprenticeship programs, certifications, school laptops, room and board, and much, much more…