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Treasurer McRae Awards $6,000 in Scholarships

State Treasurer David McRae today announced the winners of the College Savings MS Shootout, which was held at this year’s high school basketball championship games. In total, the State Treasury awarded $6,000 worth of scholarships during the weekend.
“For many Mississippians, sports can be the motivation and the means through which they achieve their college dreams. But sports scholarships can be hard to come by, and most families can’t afford to rely on such good fortune,” said Treasurer McRae. “College Savings Mississippi empowers you to plan ahead by either setting up a tax-advantaged savings account or helping you prepay college altogether. Congratulations to this year’s Savings Shootout winners, and thank you to all who participated.”
The scholarships were given in the form of a Mississippi Affordable College Savings (MACS) account. Almost anyone can open a MACS account for a child or loved one for as little as $25. Families can use the tax-advantaged account for future college expenses, such as tuition, books, supplies, and certain room-and-board expenses. The funds can also be used for elementary and secondary tuition expenses. For more information, visit Treasury.MS.gov/CollegeSavings.
Winners of the 2021 College Savings MS Shootout
Each have been awarded a $500 scholarship, deposited to a MACS account.