Grandparents nationwide invited to write letters to grandchildren to
encourage higher education
OMAHA, Neb.–(BUSINESS WIRE)–With Grandparents Day just a few days away, First National Bank of Omaha
and Nebraska State Treasurer Don Stenberg today announced Dear
Grandchild, a program for grandparents, offering a total of $6,000 in
scholarship money into Nebraska Educational Savings Trust (NEST) 529
college savings accounts.
Six winners will receive scholarships of $1,000 each for their
grandchildren. Money for the prizes is being provided by First National
Bank of Omaha, program manager for NEST.
The entry period runs now through Oct. 9. Grandparents across the United
States may enter the drawing. Great aunts and uncles also may enter.
This is the third year the Dear Grandchild scholarship program has been
offered, with more than 375 letters received for the drawing in 2014.
The letters will not be judged for content; winners will be randomly
drawn from all those entered.
“More and more grandparents are contributing to a 529 account for their
grandchildren because they recognize the lifelong impact that gift will
have on a child’s life,” said Deborah Goodkin, Managing Director of NEST
at First National Bank of Omaha. “Our hope is that grandparents will
learn about the possibilities of saving with NEST and that they will
take advantage of this great chance to win a $1,000 scholarship to add
to their savings for a grandchild.”
“As a grandfather myself, I understand the very special relationship
between a grandparent and a grandchild,” Treasurer Stenberg said. “I
have enjoyed reading about those relationships in the heartfelt letters
grandparents have written in past years. I also have enjoyed talking
with grandparents as they look for sound ways to invest in the future.
Grandparents today tell me they are oftentimes in the best financial
position to help save for their grandchildren’s college educations.”
In Dear Grandchild, a grandparent writes a letter to a grandchild,
telling him or her why the grandchild should go to college and sharing
the grandparent’s hopes and dreams for the child’s future.
Stenberg suggested that a grandparent could share the letter with the
grandchild in a private moment or as part of a gift for a special
Each letter must include a cover sheet with the following information:
the entrant’s name, address, phone number, and relationship to the
child. The letter and accompanying information may be emailed to NEST@fnni.com
with the subject line, NEST Dear Grandchild Drawing. Letters also may be
sent to NEST Dear Grandchild Drawing, 1620 Dodge Street, Stop 1105,
Omaha, NE 68197-1105. All letters received by NEST will be entered into
the drawing to win one of six $1,000 prizes.
The scholarship will be awarded to the grandparent and deposited into an
account owned by the Nebraska Educational Savings Trust, held on behalf
of the designated grandchild. Each winner may split the scholarship
among up to four grandchildren.
The Dear Grandchild scholarship program was developed to encourage
families to establish a tradition of making contributions to college
About First National Bank of Omaha
First National Bank of Omaha is a subsidiary of First National of
Nebraska. First National of Nebraska is the largest privately owned
banking company in the United States. First National and its affiliates
have $19 billion in managed assets and 5,000 employee associates.
Primary banking offices are located in Nebraska, Colorado, Illinois,
Iowa, Kansas, South Dakota and Texas.
NEST is a tax-advantaged 529 college savings plan and provides four
plans to help make saving for college simple and affordable: NEST Direct
College Savings Plan, the NEST Advisor College Savings Plan, the TD
Ameritrade 529 College Savings Plan, and the State Farm College Savings
Plan. The Nebraska State Treasurer serves as Program Trustee. First
National Bank of Omaha serves as Program Manager, and all investments
are approved by the Nebraska Investment Council. Families nationwide are
saving for college using Nebraska’s 529 College Savings Plans, which
have more than 232,000 accounts, including 69,000 in Nebraska. Visit NEST529.com
for more information.
Investments Are Not FDIC Insured* · No Bank, State or Federal Guarantee
· May Lose Value
*Except the Bank Savings Individual Investment Option
First National Bank
Christina Kahler, 402-602-6549
Director, NEST 529 College Savings
State Treasurer’s Office
Jana Langemach, 402-471-8884