Low-Income Matching Scholarship Program

The College Savings Plan Low-Income Matching Scholarship Program (the “Program”) provides matching scholarship contributions to eligible beneficiaries in the Nebraska Educational Savings Plan Trust. This includes the NEST Direct College Savings Plan, the NEST Advisor College Savings Plan, the State Farm 529 Savings Plan and the Bloomwell 529 Education Savings Plan.

Scholarship funds may be used to pay for a beneficiary’s qualified higher education expenses associated with attending any accredited college or university, including trade and technical schools, in the State of Nebraska. To learn more about the Program and to apply, please review the below documents.

Forms are due by Tuesday, December 31, 2024. Applications postmarked after this date will not be accepted.

Application Form Non-Taxable Income Form Program Rules

Looking for something specific?

Ready to open your account?
Enroll Today

Learn

529 Basics

NEST 529 Features

Tax Benefits

Cost of College

Ask Penny

Nester

Invest

Investment Options

Age-Based Options

Static Options

Individual Funds

Prices & Performance

Risk Tolerance Questionnaire

Manage

Your Contributions

Use of Funds

Out-of-State Fund Rollover

Friends & Family Gifting

Scholarships & Contests

Resources

Savings Calculator

FAQs

Forms

Plan News & Updates

Blog

Webinars

Incentive Programs

Meadowlark

Low-Income Matching Scholarship

Employer Matching Contribution Program

Like us on Facebook

Follow us on Instagram

Contact Us

Log In

An investor should consider the investment objectives, risks, and charges and expenses associated with municipal fund securities before investing. This and other important information is contained in the fund prospectuses and the NEST Direct College Savings Plan Program Disclosure Statement (issuer’s official statement), which should be read carefully before investing. You can lose money by investing in an Investment Option. Each of the Investment Options involves investment risks, which are described in the Program Disclosure Statement. An investor should consider, before investing, whether the investor’s or beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s 529 plan. Investors should consult their tax advisor, attorney, and/or other advisor regarding their specific legal, investment, or tax situation.

The NEST Direct College Savings Plan (the “Plan”) is sponsored by the State of Nebraska, administered by the Nebraska State Treasurer, and the Nebraska Investment Council provides investment oversight. Union Bank and Trust serves as Program Manager for the Plan. The Plan offers a series of Investment Options within the Nebraska Educational Savings Plan Trust (the “Trust”), which offers other Investment Options not affiliated with the Plan. The Plan is intended to operate as a qualified tuition program.

Except for any investments made by a Plan participant in the Bank Savings Underlying Investment up to the limit provided by Federal Deposit Insurance Corporation (“FDIC”) insurance, neither the principal contributed to an account, nor earnings thereon, are guaranteed or insured by the State of Nebraska, the Nebraska State Treasurer, the Nebraska Investment Council, the Trust, the Plan, any other state, any agency or instrumentality thereof, Union Bank and Trust Company, the FDIC, or any other entity. Investment returns are not guaranteed. Account owners assume all investment risk, including the potential loss of principal.

NOT FDIC INSURED* NO BANK GUARANTEE MAY LOSE VALUE

(*Except the Bank Savings Underlying Investment)

©2024 NEST 529 College Savings Plan

Privacy Policy

Legal

Program Disclosure Statement