Kansas Wants to Help Pay the Bill to Send your Kids to College!
Kansas Investments Developing Scholars
by Sally Bruce
April 25, 2008
What is K.I.D.S.?
Kansas Investments Developing Scholars (K.I.D.S.) is a matching grant program administered by the Kansas State Treasure's Office. The state of Kansas will match the first $600 of your contributions to a Learning Quest account, Kansas' 529 Education Savings Program.
2008 is the last year of this three-year pilot project and enrollment is limited to the first 1,200 applicants.
Are you Eligible?
• Participants must be Kansas residents.
• 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 =
$20,800
2 =
$28,000
3 =
$35,200
4 =
$42,400
5 =
$49,600
6 =
$56,800
For
each additional person in the family add $7,200
How does K.l.D.S. work?
- Participants must establish a Learning Quest account with an initial contribution of at least $250 or an account may be opened with a $25 monthly automatic contribution from a bank account or through payroll deduction.
- Participants must contribute at least $100 each year to receive the matching grant funds.
- The state Treasure's office will deposit the matching grant funds in the respective match accounts each year in January.
Applying is Easy!
Visit www.KansasStateTreasurer.com/KIDS for more information and to download an application or call 1-866-504-5898 including an application.
Learning Quest 529 Education Savings Program
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.
Office of the Kansas
State Treasurer
Lynn
Jenkins, CPA
900 SW
Jackson, Suite 201
Topeka, KS
66612
785-296-3171
Paid for with taxes or public funds.
Specific questions regarding any of the information on this page may be answered by contacting:
Sublette
High School Counseling Department
Sally
Bruce, High School Counselor
PO Box 460
Sublette, KS 67877
Office: 620.675.8259
Fax: 620.675.8347
Cell: 785.821.2511
E-mail: sbruce@usd374.org
