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Nebraska Treasurer Launches College Savings Outreach

Don Stenberg
Don Stenberg

(AP) — The Nebraska treasurer’s office has launched a new online program to help parents and grandparents learn the benefits of its state-sponsored college-savings program.

Treasurer Don Stenberg announced the program on Tuesday. The free, interactive program on the state treasurer’s website seeks to answer common questions about the Nebraska Educational Savings Trust.

Nebraska is the second state to launch such a program. The first was Tennessee, earlier this year.

Stenberg says the program is part of a broader effort by his office to promote financial literacy and share information about tax-advantaged 529 college-savings plans.

As treasurer, Stenberg serves as trustee for the Nebraska Educational Savings Trust. The program has more than $3 billion in assets, with 206,000 accounts nationwide. More than 58,000 of the accounts have Nebraska owners.

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