The Woodward News

Local News

August 7, 2012

Kids For College sweepstakes program taking entries until Sept. 15

Woodward, Okla. — OKLAHOMA CITY - The state treasurer's office and a clothing retailer are joining forces to celebrate National College Savings Month in September.

Tim Allen, an assistant to State Treasurer Ken Miller, said the treasurer's office and Oklahoma GAP stores are sponsoring the 2nd Kids on College Survey Sweepstakes for which randomly-chosen winners will get $529. The money will go toward establishment of an Oklahoma 529 College Savings Plan (OCSP) account.

To participate in the sweepstakes, students in kindergarten through 5th grades and their parents need to log on to ok4saving.org/kidsoncollege to complete a brief survey, which includes 2 questions for the children to answer. The first asks kids to see how much money they think it costs for one year of college, with multiple choice answers provided of $7, $7,000, $15,000, or $1 million.   The second question asks children to explain how they think college will help them later on in life.

The treasurer's office picked the first question because college expenses are always going up, and officials wanted to see if the kids have an awareness of those costs.

The second question was asked because the survey staff thought they may get some unique answers. After completion of the sweepstakes, some of the particularly interesting responses will be publicized.

"Last year, we had somebody say they wanted to use their college education to become a ninja and a pro football player,"  Allen said.

In addition to answering these questions, the survey acts as the entry form for the drawing for the college savings plan worth $529.

Parents and youngsters have until Sept. 15 to enter the sweepstakes.  After all the entries are collected, 6 names will be drawn and the winners will be announced later in September.

But while there will only be a few winners, everyone who enters can download a complimentary coupon from GAP Stores good for 25 percent off a purchase of at least $100.

Last year, Allen said 442 elementary students participated in the sweepstakes.

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