Scholars Program Sample Clauses

Scholars Program. The Scholars Program has expanded to embrace minority and “situational-at-risk” students at elementary, middle, and high school

Scholars Program. The State of Connecticut established the XXXX Baby Scholars fund to promote college education savings by providing incentive contributions to certain Accounts through the XXXX Baby Scholars Program. If your Designated Beneficiary is a Connecticut resident and was born on or after January 1, 2014 (or if your Designated Beneficiary was legally adopted on or after January 1, 2014) you are eligible to participate in the XXXX Baby Scholars Program if you open your account within one year of the Designated Beneficiary’s birth (or adoption date) and your Designated Beneficiary has not already received an incentive contribution in another Account in the XXXX Advisor Plan or in an account in the XXXX Direct Plan. There is no family income restriction to participate in the Program. If you believe your Account is eligible to participate in the XXXX Baby Scholars Program, please complete, sign and return the XXXX Advisor Baby Scholars Enrollment form in addition to the Account application. Your completed XXXX Advisor Baby Scholars Enrollment form will be reviewed, and if approved, the Account Owner will be notified within approximately one month of receipt of the completed good order form. Acceptance of the XXXX Baby Scholars grant is the Account Owner’s authorization for the Office of the State Treasurer to undertake, at its discretion, an investigation to verify the Account Owner meets the program requirements, which may include use of your personal information from your enrollment form and/or application. For more information, please read the XXXX Advisor Baby Scholars Enrollment form and rules. If your Account is eligible to participate in the XXXX Baby Scholars Program and was opened prior to your Designated Beneficiary’s first birthday (or within one year of your Designated Beneficiary’s adoption), an incentive contribution of $100 will be deposited by the XXXX Baby Scholars fund into your Account within approximately 90 days of your completion of the Enrollment form and the opening of your Account. An Account Owner must deposit at least $50 into a XXXX Advisor account to open it. If contributions are made to your Account in excess of $150 (not including the $100 incentive contribution) before your Designated Beneficiary’s fourth birthday (or within four years of your Designated Beneficiary’s adoption) and your Designated Beneficiary is a Connecticut resident at the time such additional contributions are made, an additional incentive contribution of $150 will be...