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FOR IMMEDIATE RELEASE August 24, 2023 Contact in Treasurer’s Office:     Glenda Allred (334) 242-7501 glenda.allred@treasury.alabama.gov MONTGOMERY – State Treasurer, Young Boozer, announced today that information regarding the Distressed Institutions of Higher Education Revolving Loan Program (the “Program”) is now available on the Treasurer’s website at Distressed Institutions of Higher Education Revolving Loan Program and open … Read the full article …

FOR IMMEDIATE RELEASE August 18, 2023 Contact Treasurer’s Office:          (334) 242-7501 alatreas@treasury.alabama.gov MONTGOMERY – State Treasurer, Young Boozer, announced an update today to the Distressed Institutions of Higher Education Revolving Loan Program (the “Program”) to be administered by the State Treasurer’s Office.  The Program, that was enacted by the Alabama Legislature in the 2023 regular … Read the full article …

FOR IMMEDIATE RELEASE June 1, 2023 Contact in Treasurer’s Office:     Glenda Allred (334) 242-7501 glenda.allred@treasury.alabama.gov MONTGOMERY –CollegeCounts, Alabama’s 529 college savings fund, celebrates 5/29 day (May 29) with the ninth annual giveaway focused on babies born in Alabama between May 29, 2022, and May 29, 2023. CollegeCounts will randomly select 29 winners to receive $529 … Read the full article …

FOR IMMEDIATE RELEASE MAY 23, 2023 Contact in Treasurer’s Office:     Glenda Allred (334) 242-7501 glenda.allred@treasury.alabama.gov MONTGOMERY – State Treasurer and PACT Board Chair, Young Boozer, announced that directors of the Alabama Prepaid Affordable College Tuition (“PACT”) Program approved an increase to the current rate paid by the PACT Program for tuition and fees at its … Read the full article …

MONTGOMERY – State Treasurer, Young Boozer, announced that February 1st is National Unclaimed Property Day.  Nearly 33 million people in the United States – 1 in every 7 – has what the industry calls unclaimed property:  financial accounts or items of value in which the owner has not initiated any activity for a number of … Read the full article …

MONTGOMERY, Ala. (Jan. 11, 2023) ­— CollegeCounts — Alabama’s 529 college savings fund — offers awards of $4,000 for four-year college enrollees and $2,000 for two-year college enrollees in scholarships to eligible recipients pursuing higher education at institutions in Alabama. The CollegeCounts Scholarship online application is available now through Feb. 28, 2023 at treasury.alabama.gov/CollegeCounts-Scholarship. To … Read the full article …

FOR IMMEDIATE RELEASE Contact in Treasurer’s Office:     Glenda Allred (334) 242-7501 glenda.allred@treasury.alabama.gov MONTGOMERY – State Treasurer and PACT Board Chair, Young Boozer, announced that directors of the Alabama Prepaid Affordable College Tuition (“PACT”) Program approved an increase to the current rate paid by the PACT Program for tuition and fees at its board meeting held … Read the full article …

CollegeCounts, Alabama’s 529 Fund, will celebrate 5/29 day (May 29) with the seventh annual statewide giveaway focused on babies born in Alabama between May 29, 2020, and May 29, 2021. CollegeCounts will randomly select 29 winners to receive $529 in contributions to an existing or newly opened CollegeCounts account. Beginning May 29, 2021, parents, grandparents … Read the full article …

Alabama State Treasurer and PACT Board Chairman John McMillan announced that directors of the Alabama PACT (Prepaid Affordable College Tuition) Program approved a 10% increase to the current rate paid by the PACT Program for tuition and fees.  This increase is effective fall semester 2021. “I am thankful to serve alongside the diligent and forward-thinking … Read the full article …

Alabama State Treasurer John McMillan announced today the new and official Alabama Achieving a Better Life Savings Plan (Alabama ABLE). “Alabama ABLE is a tax-advantaged account designed to help make saving simple and achievable for individuals with disabilities,” said Treasurer McMillan. “Account holders and their families will be able to save for future expenses and … Read the full article …

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