SC babies born on May 29 could receive $529 to put towards college

COLUMBIA, SC (WOLO)– Babies born in South Carolina on May 29 will get a birthday gift from the state. Monday, State Treasurer Curtis Loftis announced that babies born in South Carolina on May 29 will be eligible for $529 as part of the PalmettoBaby Grant Program to be used toward a future scholarship account.

“We enjoy reminding parents about the need to save for college all year-round,” Treasurer Loftis explained. “But on May 29th, we kick it up a notch with our popular PalmettoBaby grant program. It’s a fun way to celebrate National 529 Day, and we know these new parents are thrilled for the chance to jumpstart their newborn’s savings with a $529 grant for their child’s future education.”

The grants are privately funded. Parents of babies born on May 29 must complete an application and open a Future Scholar account by August 31.

For more information about this program, visit futurescholar.com/news-events/palmettobaby/.

Categories: News, State