Changes on horizon for W.Va. college savings plan - WOWK 13 Charleston, Huntington WV News, Weather, Sports

Changes on horizon for W.Va. college savings plan

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  • Education

  • Monday, June 17 2013 3:15 PM EDT2013-06-17 19:15:41 GMT
    The program is composed of five courses that introduce students to social media and digital tools and teach them how to use those skills to promote a business or organization.
    The program is composed of five courses that introduce students to social media and digital tools and teach them how to use those skills to promote a business or organization.
  • Monday, June 17 2013 12:27 PM EDT2013-06-17 16:27:27 GMT
    Students will take five three-hour courses, including three new online social media courses. They are social media strategy, social media applications and social media campaigns.
    Students will take five three-hour courses, including three new online social media courses. They are social media strategy, social media applications and social media campaigns.
  • Sunday, June 16 2013 6:30 PM EDT2013-06-16 22:30:12 GMT
    Mayor George Karos and Shepherd President Susanne Shipley signed an agreement Friday that allows city workers to get the discounts for classes that benefit the city.
    Mayor George Karos and Shepherd President Susanne Shipley signed an agreement Friday that allows city workers to get the discounts for classes that benefit the city.

Changes are in the works for West Virginia's SMART529 Direct Plan college savings program.

Treasurer John Perdue says the changes will make it easier for parents and grandparents to save for their children's or grandchildren's college education.

Investments primarily will be made in Vanguard funds. Perdue says he expects this change to make the plan one of the lowest-cost in the nation.

Another change is the elimination of a minimum contribution requirement.

Perdue and Hartford officials will announce details Wednesday at a news conference in Charleston.

Copyright 2012 The Associated Press.