Entergy – Child Savings Account Program
Entergy Texas is pleased to announce the launch of a new child savings account programme to assist low- and moderate-income Texas families in setting up child savings accounts for post-secondary education. Entergy will match the first 1,300 eligible families who open Kids to College accounts with a $50 savings match.
“Kids to College is an investment in our young people’s and Texas’s future,” said Eliecer Viamontes, president and CEO of Entergy Texas. “With these funds, we are not only ensuring that the next generation is prepared for success, but we are also contributing to a brighter future for the communities in which we all live and serve.”
A child savings account is a type of savings account that is specifically designed for post-secondary education. Families can use these accounts to save money for their kids to go to a two- or four-year college, trade school, or technical school.
Entergy, as a corporate leader and service provider, appears to believe in the aspirations of the families we serve. Everyone deserves the chance to further their education, and we want to work with families to make those dreams a reality. When a family saves money for college for their child’s future, that child is four times more likely to graduate.
Families can open a Kids to College account for any child under the age of 16. To be eligible for Entergy’s $50 match, you must meet the following criteria:
Customer must be an Entergy customer.
Families must earn at least $52,000 per year for single parent or guardian households, or $60,000 for dual-earner households.
To receive the matching funds, the child savings account must have a balance of $50.[Entergy is empowering kids to go to college by providing matching funds for child savings accounts in our four-state service area. The programme is funded by an endowment fund established in memory of Entergy’s late Chairman and CEO, J. Wayne Leonard.
Individuals who meet the eligibility requirements can open a child savings account at entergy.com/kids. Contact the Community Assistance Center at 936-494-4399 or email@example.com for registration assistance.