5/29 baby awarded scholarship at Doctors Hospital
AUGUSTA, Ga. (WRDW/WAGT) - A local newborn baby boy was awarded a scholarship as a part of Georgia’s Path2College 529 Plan on Wednesday.
At Doctors Hospital of Augusta, LaToya Royal and Tarri Lloyd celebrated the birth of their son Dallas.
Because he was the first baby born on May 29, the family was awarded $1,529 for his college savings.
“Education is important to us,” said Royal. “Receiving this scholarship will help us ensure a bright future for Dallas.”
The hospital says across the nation, May 29 is celebrated as “529 Day” to raise awareness of each state’s 529 college savings plan and the importance of financial planning.
“Thank you to Path2College for providing this special scholarship for 10 consecutive years,” said Brad Griffin, COO of Doctors Hospital. “It’s exciting that the first baby born on 529 Day at Doctors Hospital now has a savings contribution from Georgia’s Path2College 529 Plan, which will help him achieve future education goals.”
“The simple act of opening a 529 plan early can pay dividends for any family with young children. College may seem far away when a baby is first born, but it’s smart to prepare for whatever educational future awaits,” said Georgia Student Finance Commission President Lynne Riley. “Even a small amount invested early on can grow significantly over the years, helping to reduce the amount you or your children will have to borrow.”
For more information about the Path2College 529 Plan, click HERE or call 877-424-4377.
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