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Penn GSE AHEAD

Promise Indiana

Promise Indiana is a college savings account program for the following Indiana counties: Benton, Blackford, Dearborn, Howard, Jay, Kosciusko, LaGrange, Marion, Noble, Steuben, Wabash, Whitley. Students must attend a participating elementary school in a county that has launched the program and parents ope na CollegeChoice 529 account. Accounts are seeded with $25 initial deposit, students can earn community matches and scholarship funding into the 529. The program is funded by Indiana Education Savings Authority (IESA), Lilly Endowment, Parkview Health, and coalitions of funders in each community.

Year the Program was Founded 

2013

Promise Typology Category 

Universal eligibility programs

State 

Indiana

Residency Requirement 

N/A

K-12 School Attendance Requirement 

County Elementary

Type of Award 

College Savings Account

Financial Award is Limited to Students with Financial Need 

No

Financial Award is Limited to Students who Meet Academic Achievement Requirements 

No

Disbursement of Financial Aid 

First Dollar

Year Requirement for Full Aid 

Does not require

Sponsored by Single Agency 

No

Program Offers Support Services 

No