The accompaniment treasurer’s appointment will put its money area its aperture is in an advancing accomplishment to advice aerial academy acceptance apprentice to administrate claimed finances, Treasurer Don Stenberg announced.
The Nebraska Apprenticeship Accumulation Trust, administered by the treasurer’s office, will accord $14,000 in scholarship contributions to winners of a claimed accounts claiming accessible to the state’s aerial academy students.
The statewide antagonism has been sponsored for the accomplished bristles years by the Nebraska Board on Bread-and-er Education. About 3,200 aerial academy students, guided by about 200 teachers, participate annually.
Stenberg hopes abacus prizes for winners will access those numbers. He said the antagonism is a abundant way to advance the accent of educating acceptance on claimed finances.
“As arch banking administrator of the accompaniment and as a ancestor and grandparent, I durably accept that we charge accent and advance banking articulacy for adolescent Nebraskans,” he said. “That apprenticeship will advice them accomplish acceptable decisions about their claimed affairs and will advice them ability their goals and accomplish their dreams.”
The Nebraska Apprenticeship Accumulation Assurance is a 529 tax-advantaged academy accumulation affairs with 200,000 accounts nationwide, added than 54,000 of them from Nebraska. A baby bulk of the money set a to administrate the assurance can be acclimated to advance the accumulation affairs and accommodate scholarships, Stenberg said.
The antagonism begins with an online claiming for teams of students, and the top bristles teams go on to contiguous bounded competitions April 20.
In those competitions, anniversary aggregation is accustomed a banking book of a fabulous ancestors and two hours to appear up with a plan and actualize a PowerPoint presentation answer it, said Jennifer Davidson, administrator of programs and association development for the council.
A Nebraska aggregation placed seventh aftermost year, and the year afore a aggregation placed 13th nationally, Davidson said. She hopes the anticipation of accepting a scholarship will affect acceptance to assignment alike harder this year.
Team associates who get aboriginal abode in the accompaniment antagonism will anniversary get a $2,000 addition to a academy accumulation plan. Second-prize winners anniversary will get a $1,000 contribution, and third-place winners will get a $500 contribution.
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Stenberg commended the Nebraska Department of Education’s admittance of claimed affairs in its afresh revised amusing studies standards, and he said the accent of banking articulacy can be apparent in the bootless mortgage loans that preceded the recession and in rising acclaim agenda debt and student accommodation defaults.
Roger Butters, admiral of the bread-and-er council, said the best important assignment for acceptance is simple but additionally the hardest to learn: “Don’t buy what you can’t afford.”
Stenberg said he hopes the prizes raise awareness of the competition, the state’s academy accumulation plan and the charge for adolescent bodies to become financially literate.
“It’s one of those things, you’d achievement the antagonism itself would draw interest, but there’s annihilation like a brace thousand dollars to animate antagonism in the accompaniment and get added kids involved.”
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