Guides, forms, and plain-language answers to help families, students, and teachers make the most of the program.
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4th–8th grade, 9th–12th grade, and birth–12th grade savings matches
A tax-advantaged savings account designed to help families save for education. In Indiana, the state’s direct plan is called Indiana529 (formerly CollegeChoice 529 Direct). Money grows tax-free and can be withdrawn tax-free when used for qualified education expenses.
A fund held by the Community Foundation of Wabash County where a student’s earned scholarships are deposited. It is separate from your family’s 529 account.
The person (usually a parent or guardian) who opens and controls a 529 account.
The student the 529 account is for.
When a family deposits at least $20 into their student’s Indiana529 account in a semester and reports it, the Community Foundation adds a matching deposit to the student’s Imagine Early Scholarship Fund.
Scholarship money students earn years before graduation by completing regular schoolwork and program activities.
A national term for programs that build education savings for children starting young, the model Imagine Early is recognized for.
Costs a scholarship or 529 can pay for, such as tuition, fees, and required books and supplies.
Any education or training after high school, college, trade school, certifications, or apprenticeships.
The Free Application for Federal Student Aid, the form families file to access financial aid for college.
A six-digit code tied to an Indiana529 account that lets friends and family contribute easily.
Indiana offers a 20% state tax credit on Indiana529 contributions, up to $1,500 per year ($750 if married filing separately).
The step a graduate takes to have their earned scholarships paid toward a qualifying school.