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Empower a Bright Future

Every student in New Mexico deserves a bright future. Launched in 2022, the Saving for Success Award Program is administered by New Mexico Community Trust with a mission to make higher education more affordable and accessible through financial literacy education and encouragement, especially to students in New Mexico who have financial need.

Apply by April 1st!

Up to 50 eligible students in New Mexico will receive a Saving for Success Award of $1,000 invested in a 529 education savings account with The Education Plan®.

Consideration for the award is based on academic achievement, community involvement, and higher education goals.

To apply students must:

• Be a citizen or resident alien of the United States of America with a valid Social Security number or Tax ID Number (TIN)
• Be enrolled in a school, or homeschooled, in New Mexico
• Be in grades K-8 at the time of application
• Prepare a short personal statement
• Provide official documentation from current school or source of education
• Demonstrate financial need
• Agree with Terms & Conditions of the award

Applications are due on April 1, 2025 at 11:59pm PST.APPLY NOW Financial Literacy Resources

The Saving for Success Award program, in partnership with Tutor Doctor Albuquerque, has created financial literacy basics materials that include topics like:

• What is a Bank
• Fun with Budgeting Your Money
• Checking vs. Savings Accounts
• Understanding Paychecks
• Saving for College

Each module includes a quiz that students can take to test their knowledge of the topics. Learn more and access materials on the Saving for Success Award website.  FINANCIAL LITERACY RESOURCES About New Mexico Community Trust 

New Mexico Community Trust is a tax-exempt public charity. The Trust provides financial, investment, donor, and grant management services for communities across New Mexico.
They enable those with philanthropic interests to easily and effectively provide support to the issues that are important to them — immediately or through a planned gift.LEARN MORE About The Education Plan 

Offered by The Education Trust Board of New Mexico, The Education Plan is New Mexico’s official direct-sold 529 college savings plan.
A 529 college savings plan is designed to help families pay for college and future education expenses. Money in a 529 college savings plan has tax advantages, is professionally managed, and may benefit from the power of compounded growth.LEARN MORE