Treasurer David McRae today announced two Mississippi newborns were each awarded $529 Mississippi Affordable College Savings (MACS) scholarships. The scholarships were part of the State Treasury’s 529 Day promotion. Scholarships were awarded to the two babies born closest to 5:29AM and 5:29PM on May 29 (5/29). The scholarship comes in the form of a tax-advantaged 529 savings account. The 2020 … Read More
State Treasury Returns More Than $1 Million to Mississippians during COVID-19 Pandemic
“Finding the owners of unclaimed property is our way of helping stimulate the state’s economy,” says Treasurer McRae Treasurer David McRae today announced the Mississippi State Treasury has returned $1.3 million in unclaimed property during the COVID-19 pandemic. It is sometimes very difficult for banks, credit unions, and even retail stores to find the owner of big chunks of money. … Read More
Laurel Student Feeds 1,000+ Frontline Workers, Wins Tell Me Something Good Scholarship
State Treasurer David McRae today surprised a student in Laurel with a $529 Tell Me Something Good Scholarship to recognize his service to the community during COVID-19. Fletcher Horne, a 15-year-old student in Laurel, launched Feed the Frontline during the COVID-19 crisis as an Eagle Scout project. Helping to both thank healthcare heroes and stimulate the area’s economy, the effort … Read More
Magee Student Wins First Tell Me Something Good Scholarship
State Treasurer David McRae today surprised a student in Magee with a $529 Tell Me Something Good Scholarship to recognize his service to the community during COVID-19. Jered Smith, a 16-year-old student at Simpson Academy, is the Founder of Season of Service. During the COVID-19 pandemic, Smith has organized and given away household baskets to the elderly and new moms. … Read More
State Treasurer Extends MPACT Open Enrollment Period to July 15
State Treasurer David McRae today extended the open enrollment period for the Mississippi Prepaid Affordable College Tuition Plan (MPACT) to July 15. This College Savings Plan allows families to lock-in tuition rates and pre-pay their child’s tuition. “We are thrilled to extend the open enrollment period to July 15, giving folks another two months to start a plan before prices … Read More
State Treasurer Announces Judging Panel for “Tell Me Something Good” Scholarship
State Treasurer David McRae today announced the nine judges who will be evaluating submissions for the “Tell Me Something Good” Scholarship Program. Each week in May, a Mississippi PreK-12 student will be awarded a $529 College Savings Mississippi scholarship for doing good in their communities during the COVID-19 pandemic. The “Tell Me Something Good” Judging Panel includes: First Lady of … Read More
State Treasurer Asks Students to “Tell Me Something Good” for $529 Scholarship
State Treasurer David McRae today launched the “Tell Me Something Good” Scholarship Program. Each week in May, a Mississippi PreK-12 student will be awarded a $529 College Savings Mississippi scholarship for doing good in their communities during the COVID-19 pandemic. “Young people across Mississippi are doing amazing things to help their communities amid the COVID-19 pandemic,” said McRae. “Not only … Read More
State Treasurer Urges Hospitals and Clinics to Claim Unclaimed Property to Boost Healthcare Infrastructure, Support Frontline Workers
State Treasurer David McRae today urged hospitals and clinics to search for and claim any unclaimed property held by the state to help boost Mississippi’s healthcare infrastructure and support frontline workers. Their search can begin at treasury.ms.gov. The American Hospital Association reported in March: “Due to expenses to treat COVID-19 patients, hospitals are currently losing up to $1 million per … Read More
State Treasurer Urges Local Governments to Claim Unclaimed Property to Help Fill COVID-Fueled Funding Gaps
State Treasurer David McRae today urged local governments to search for unclaimed properties held by the state to help fill COVID-fueled funding gaps. In the last month, the state has returned a quarter-million dollars to local governments in Unclaimed Property, but more than $1 million remains unclaimed. To streamline the process, the State Treasury has posted a special State and … Read More
State Treasurer Returns Half-Million Dollars in Unclaimed Property to Economy during COVID-19 Outbreak
David McRae today announced the State Treasury has returned a half-million dollars in unclaimed property to Mississippi’s economy since the COVID-19 outbreak began escalating in mid-March. “Our number one priority is to find the rightful owners of unclaimed property and return the money as quickly as possible,” said McRae. “We are thrilled to have infused a half-million dollars into the … Read More