The Livonia Public Schools Foundation has completed it’s fourth year of implementing the Competitive Edge College Savings Program. Through this program, the LPS Foundation provided an opportunity for all 2011-12 kindergarten and first grade families to receive a gift from the community to assist with their children’s college education.
For those families that chose to participate, the LPS Foundation deposited seed money on the student’s behalf into a 529 college savings account that is held by the LPS Foundation. These funds grow over the years and will be dispersed to students following their graduation from Livonia Public Schools.
This one-of-a-kind program is unique to Livonia Public Schools and is intended to give the children of the district a “competitive edge” in the future by helping families pay for college. The LPS Foundation also provided families with information about the value of college savings.
The LPS Foundation is excited to offer this college savings program once again for our 2011-12 kindergarten students. Kindergarten families will receive information this fall about participating in the Competitive Edge College Savings Program.
For more information, contact the LPS Foundation at 734-744-2510.