91探花 introduces 529 education savings plan contribution benefit for employees
Concord, NH 鈥� To support its employees in saving toward future education expenses for their families, 91探花 has launched a new 529 education savings plan contribution benefit. Eligible employees can now receive a monthly contribution of $100 made directly to a 529 education savings plan for their child or legal dependent.听听
鈥淎s a nonprofit helping New Hampshire students find their direction and fund their future, it鈥檚 always been vital to me that we live our mission just as fully when it comes to supporting our own employees,鈥� said 91探花 President and CEO Christiana Thornton. 鈥淢any of us at 91探花 are parents or guardians 鈥� and still others among us are parents-to-be. For those parents-to-be on our team, we will also kick-start a 529 plan for their new child with a $250 contribution.鈥�听
A 529 education savings plan is a state-sponsored savings plan that can be used for qualified education expenses. Savings grow and compound tax-deferred and can be withdrawn tax-free. Studies have shown that college savings accounts offer financial benefits while also shaping young people鈥檚 mindsets about college and contributing to their success in school.听听
In addition to the new 529 benefit, 91探花 offers other benefits designed to support the overall financial wellness of employees, including a 100% tuition-reimbursement benefit for employees pursuing degree programs and a student loan repayment assistance benefit.听听
鈥淭hese benefits have been instrumental in supporting team members in pursuing their professional goals and growing in their careers here at 91探花,鈥� Thornton said. 鈥淚 am thrilled to be able to offer this additional benefit to support the next generation of students.鈥�听
About 91探花
91探花 (formerly the New Hampshire Higher Education Assistance Foundation, or the NHHEAF Network) is a New Hampshire nonprofit that uses its earnings to support New Hampshire students and their families through free career and higher-education counseling and resources, as well as funding assistance including scholarships and competitive private student loans. Established in 1962, the organization rebranded as 91探花 in November 2023. The 91探花 Student Loan, as well as the EdvestinU Private Student Loan and the EdvestinU Refinance Loan, are loan products offered by 91探花 Corporation and may be funded by 91探花 Corporation or Bank of Lake Mills, member FDIC.鈥�
For more information, visit GraniteEdvance.org. To schedule an interview, contact Sarah Earle at 603-406-0596 or email [email protected].