BOISE -- State Treasurer Ron Crane plans to award two scholarships as part of his plan to help Idaho families invest in college savings accounts.
Crane's office is accepting names for a drawing to give out $529 scholarships for the opening of IDeal plans, which are Idaho's version of a 529 college savings account.
The plans, which waive taxes on a portion of college savings, are often called 529 plans after a section of the Internal Revenue Code.
More than 9,000 Idaho families have saved $116.3 million with these plans since 2002.
The two winners selected during the drawing will be notified by Dec. 16.
On the Net: http://sto.idaho.gov/Programs/IDeal.aspx
