Local students awarded $8,000 college scholarships

Local students awarded $8,000 college scholarships Several students in the area were recently awarded scholarships from the Program Manager for South Dakota's 529 college savings plan, in the amount of $8,000.

Sixty-nine $8,000 ($2,000/ year for up to four years) scholarships were awarded to high school seniors with high academic achievements and plans to attend college in South Dakota. Scholarship recipients were chosen by the South Dakota Investment Council on the basis of their ACT score, with their GPA used as a tie-breaker, and date received as the final tie-breaker if necessary.

The students in this area, their hometown and the school they plan to attend are:

* Lindsey Davies, Vermillion, University of South Dakota in Vermillion.

* Chris Jensen, Burbank, South Dakota School of Mines and Technology in Rapid City.

"The Allianz South Dakota Scholarship Program greatly enhances South Dakota's future by offering substantial, renewable scholarships to South Dakota's best and brightest scholars who choose to continue their higher education in their home state," said State Sen. Ed Olson, chair of the LRC Executive Board. "Being able to retain our most talented students will be a great asset to South Dakota's future growth."

Allianz Global Investors Distributors, LLC funds the Allianz South Dakota Scholarship Program in connection with its management of South Dakota's Higher Education Savings Plan.

The plan, CollegeAccess 529 ��which was launched in 2002 � is available to residents both through financial advisors and directly. Students who qualify for the scholarship, however, need not be invested in the plan.

For more information about South Dakota's CollegeAccess 529 Plan, speak to a financial advisor.

You can also visit www.SouthDakota529.com or call , 1-866-529-7462, 7 a.m. to 7 p.m. Monday-Friday, to speak to a CollegeAccess 529 Plan Investor Services rep.

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