Helping you jumpstart your higher education savings!

Saving for higher education is a challenge for many families. That's why the State of Nevada Treasurer’s Office and the SSGA Upromise 529 want to help Nevada children save as much as possible. Introducing the Silver State Matching Grant Program1– if qualified, we will match your contributions dollar-for-dollar up to $300 per year for five years for a maximum of $1,500 per beneficiary.

Don't miss out on this exciting program!

How do I qualify?

  • Both you and the beneficiary must be Nevada residents.
  • You must be the account owner of a SSGA Upromise 529 account.
  • The beneficiary must be 13 or younger as of December 31 of the year the account owner first applies for Silver State Matching Grant.
  • Your household adjusted gross income must not exceed $74,999.

How do I apply for the Silver State Matching Grant Program?

1. Application Process (this step must be completed each year)

  • Log into your SSGA Upromise account at www.Nevadas529.com
  • Pick the beneficiary’s account that you would like to review and apply the matching grant application to
  • Once in the beneficiary’s account - click the link “Apply / Re-Apply for the Silver State Matching Grant” and follow the prompts
  • You will need to do this for each child you are requesting matched funds for

2. Required documentation (this step must be completed each year)

  • Print out IRS form 4506T-EZ for income verification. Fill in your information and remember to sign the form. The IRS form must be post marked no later than July 31st to be considered for the grant.
    Mail your REQUIRED IRS form 4506T-EZ to:  


    Nevada State Treasurer’s Office
    555 E. Washington Avenue Suite 4600
    Las Vegas, Nevada 89101
    Attn: Silver State Matching Grant

    (For faster service, you may choose to go online and request the IRS mail the Treasurer’s office your 2018 tax transcript, but this is not a requirement.)
     

Please note that your application is not considered complete until you have finalized the online step(s) above and the State Treasurer’s office has received the IRS form 4506T-EZ from you or your income verification from the IRS.
 

The Silver State Matching Grant is subject to availability of funds and grant money is awarded on a first come basis.
 

How does Silver State the matching grant work?

All documentation must be postmarked no later than July 31 to be considered for the Silver State Matching Grant. If you qualify and are approved for the Grant, contributions to your SSGA Upromise 529 account will be matched dollar-for-dollar up to $300 per year, per beneficiary. There is a lifetime maximum of $1,500 over five (5) years per beneficiary. Funds are awarded on a first come first serve basis, so don’t wait!

Have more questions about the Silver State Matching Grant Program?

Download the frequently asked questions. (PDF)

Review the full Silver State Matching Grant Instructions.
 

Important Dates:

April 1 Link is open in your SSGA Upromise account to apply / reapply for the Silver State Matching Grant (Remember this step must be completed each year) for each beneficiary. 
July 31 Final deadline for all online applications to be submitted and IRS form 4506T-EZ must be postmarked by this date as well (Remember the IRS form 4506T-EZ must be completed each year you apply).


January 1- December 31 of application year. Save at least $300 for each child you have applied for Silver State Matching Grant funds for. If you save less, the ‘match’ with equate to the amount you saved. For example, if you save $100, the Silver State Match will be $100. If you save $500, the Silver State Match will qualify for the maximum amount of $300.
Following January Silver State Matching funds will be applied to the SSGA Upromise account(s).

1Matching grants are subject to availability of funds, and there is no guarantee of the continued operation of the Silver State Matching Grant Program.

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IMPORTANT RISK INFORMATION
The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon.

The statements and opinions expressed are subject to change at any time, based on market and other conditions. State Street cannot guarantee the accuracy of completeness of third party statements or data.

Investing involves risk including the risk of loss of principal. Investment returns will vary depending upon the performance of the Portfolios you choose. Except to the extent of FDIC insurance available for the Savings Portfolio, you could lose all or a portion of your money by investing in the Plan, depending on market conditions. Account Owners assume all investment risks as well as responsibility for any federal and state tax consequences.

ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETFs’ net asset value. Brokerage commissions and ETF expenses will reduce returns.

The SSGA Upromise 529 Plan (the “Plan”) is administered by the Board of Trustees of the College Savings Plans of Nevada (the “Board”). Ascensus Broker Dealer Services, LLC. (ABD) serves as the Program Manager. ABD has overall responsibility for the day-to-day operations, including distribution of the Plan and provision of certain marketing services. State Street Global Advisors (SSGA) serves as Investment Manager for the Plan except for the Savings Portfolio, which is managed by Sallie Mae Bank, and also provides or arranges for certain marketing services for the Plan. The Plan’s Portfolios invest in either (i) Exchange Traded Funds and mutual funds offered or managed by SSGA or its affiliates; or (ii) a Federal Deposit Insurance Corporation (FDIC)- insured omnibus savings account held in trust by the Board at Sallie Mae Bank. Except for the Savings Portfolio, investments in the Plan are not insured by the FDIC. Units of the Portfolios are municipal securities and the value of units will vary with market conditions.

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For more information about the SSGA Upromise 529 Plan (“the Plan”) download the Plan Description and Participation Agreement or request one by calling 1-800-587-7305. Investment objectives, risks, charges, expenses, and other important information are included in the Plan Description; read and consider it carefully before investing. Ascensus Broker Dealer Services, LLC. (“ABD”) is distributor of the Plan.

 

Please Note: Before you invest, consider whether your or the 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 that state’s qualified tuition program. You should also consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state’s 529 college savings plan(s), or any other 529 plan, to learn more about those plans’ features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

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