Three New Mexico Students Win 529 College Savings Scholarship

 

Three New Mexico Students Win 529 College Savings Scholarship

 
 

- min read

Layout canvas

Each year, the National Junior Honor Society (NJHS) presents Outstanding Achievement Awards to 500 of the highest achieving middle school students nationwide. More than one million students participate in NJHS from all 50 states, U.S. territories, and around the world.

New Mexico’s three winners this year include Kaleeya Englant and Theresa Robertson, both from Clovis, and Olivia Pacheco, from Rio Rancho. As award winners, each student received a $500 contribution in their names to a 529 savings account administered by The Education Plan, an investment that will help them pay for tuition, room and board, and other higher education expenses. Studies show that youth with as little as $500 in college savings are three times as likely to go to college and four times as likely to graduate. Contributions to 529 accounts grow tax-free and ease the burden of loan debt.

We sat down with Kaleeya, Theresa and Olivia to learn what having a 529 account with The Education Plan means to them, and what they see in their futures.

Placeholder

Kaleeya Englant

Kaleeya had many plans for NJHS this year, but they were put on hold due to COVID-19. Activities she looks forward to next year include making gift bags for janitors and taking stuffed animals to children in the hospital. For Kaleeya, the best part of participating in NJHS is community service and the kind-hearted people she meets. Although it was hard to pick just one, her favorite subject in school is mathematics, followed by choir and art. Her spare time is spent with her family, friends, horses and other animals. She proudly describes herself as a cowgirl who wants to be a rodeo star.

Her goal for higher education is to attend Eastern New Mexico University and become a veterinarian, with her own clinic and rescue ranch. For her, the $500 contribution to a college savings plan is an honor, and she hopes that her hard work will inspire others.

Placeholder

Olivia Pacheco

This year, Olivia served as secretary of her school’s NJHS chapter. Her favorite part of NJHS is helping others and to do so with classmates who share her commitment to service, which includes campus clean-ups, tutoring, food drives, and decorating the school for the return of students when COVID-19 restrictions were lifted.

She enjoys mathematics and plans to attend the University of New Mexico to study nursing, specifically pediatrics. Apart from NJHS, her extracurricular activities include playing softball, volunteering at her church, doing crafts and puzzles, and hanging out with her family, friends, and dogs. Receiving $500 for college savings makes her feel accomplished and that her hard work and dedication paid off.

Placeholder

Theresa Robertson

For Theresa, the best part of being a member of NJHS is knowing that you are making a difference in your community. Even with COVID-19 and the move to online learning, Theresa still attended monthly meetings, created gratitude cards for community members, and participated in food drives. Her favorite subject is mathematics, and she is a member of the Clovis High School dance team and the student council. Her hobbies include reading, spending time with family and friends, and volunteering in her community.

She aspires to a career in teaching. To have the $500 award in a college savings plan is “huge” to her. She is excited to have the opportunity to use the money in a way that will benefit her future.

 

Recent Articles

A College Savings
Award Program

The deadline to apply for the Saving for Success Award is December 21, 2022.

APPLY NOW

Ready to get started?
We can help!

1-877-337-5268

SIGN UP FOR OUR NEWSLETTER

FOLLOW US
ON SOCIAL MEDIA

The Education Plan® and The Education Plan® Logo are registered trademarks of The Education Trust Board of New Mexico used under license.

Privacy & Cookie Policy

Phone: 1-877-337-5268
We're available Monday to Friday 8 a.m. to 7 p.m. MT

OPEN AN ACCOUNT LOGIN
VIEW LEGAL DISCLOSURE

For more information about The Education Plan, call 1.877.337.5268 or view the Plan Description and Participation Agreement, which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before investing.

Please Note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. You also should consult a financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state’s 529 plan(s), or any other 529 plan, to learn more about those plan’s features, benefits and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

The Education Plan is administered by The Education Trust Board of New Mexico. Ascensus College Savings Recordkeeping Services, LLC, the Program Manager, and its affiliates, have overall responsibility for the day-today operations, including investment advisory, recordkeeping and administrative services. The Education Plan’s portfolios invest in: (i) mutual funds; (ii) exchange traded funds; and/or (iii) a funding agreement issued by New York Life. Investments in The Education Plan are not insured by the FDIC. Units of the portfolios are municipal securities and the value of units will vary with market conditions.

Investment returns will vary depending upon the performance of the portfolios you choose. You could lose all or a portion of your money by investing in The Education Plan depending on market conditions. Account owners assume all investment risks as well as responsibility for any federal and state tax consequences.

Ugift is a registered service mark of Ascensus Broker Dealer Services, LLC.

The Education Plan® and The Education Plan® Logo are registered trademarks of The Education Trust Board of New Mexico used under license.

All other marks are the exclusive property of their respective owners.

Not FDIC-Insured. No Bank, State or Federal Guarantee. May Lose Value.