MONTGOMERY – CollegeCounts, Alabama’s 529 college savings fund, is offering scholarship awards of $4,000 for four-year college enrollees and $2,000 for two-year college enrollees to eligible students pursuing higher education at institutions in Alabama. The CollegeCounts Scholarship eligibility details and online application is now open through Feb. 27, 2020, at Treasury.Alabama.gov/CollegeCountsScholarship.
The scholarship is designed to provide funding assistance to Alabama students who demonstrate a financial need and a genuine desire to make a difference in the future of our great state.
“The CollegeCounts Scholarship serves to inspire students to continue their eduction without the worries of the costs of higher education,” said John McMillan, Treasurer for the State of Alabama.
Applicants must meet all of the following criteria to be eligible for the scholarship:
• Be a high school senior or first-time college freshman beginning in fall 2020
• Be a U.S. citizen
• Be an Alabama resident
• Planning to enroll in an Alabama eligible educational institution in fall 2020
• Demonstrate financial need
• Have a minimum GPA of 2.75
• Have an ACT score of 26 or below (applicants attending a two-year school will not be required to submit ACT scores)
These scholarships must be applied to tuition, fees, books, supplies and equipment required for course load, including computers. Funds can also be applied to on-campus room and board expense or off-campus housing if enrolled at least half-time and billed through the school.
“We have awarded over $6 million in scholarships to hundreds of Alabama students since this program started seven years ago, and we’re excited to continue to be a part of investing in our state’s future leaders,” said McMillan.
To learn more about the CollegeCounts Scholarship and eligibility requirements, please visit the website. Applications must be received by 11:59 p.m. CST on Feb. 27, 2020. Award recipients will be notified via email by the end of April.
For more information about CollegeCounts, Alabama’s 529 Fund and how to open an account, please visit CollegeCounts529.com.