Changeflow GovPing Government Operations CollegeCounts 529 Awards $1.2M to 323 Alabama S...
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CollegeCounts 529 Awards $1.2M to 323 Alabama Students

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Summary

State Treasurer Young Boozer announced that the CollegeCounts 529 Scholarship Program awarded $1.2 million in college scholarships to 323 Alabama students across 63 counties. The program offers $4,000 awards for four-year college enrollees and $2,000 for two-year enrollees attending Alabama institutions. No taxpayer funds are used—the program has awarded $11.5 million to over 3,000 students since 2013.

Published by AL Treasurer on treasury.alabama.gov . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

What changed

The CollegeCounts 529 Scholarship Program announced $1.2 million in scholarship awards to 323 Alabama students for the 2023-2024 academic year. Recipients from 63 counties will receive $4,000 for four-year college enrollment or $2,000 for two-year enrollment at Alabama institutions.

This is a routine announcement of a state-administered scholarship program. It does not create compliance obligations or regulatory requirements. Educational institutions and students should note the scholarship terms for future award cycles.

Archived snapshot

Apr 18, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

MONTGOMERY, Ala. (May 20, 2024) ­ — State Treasurer and Alabama Savings Board Chair, Young Boozer, is pleased to announce that the CollegeCounts Scholarship Program recently awarded $1.2 million in college scholarships to 323 Alabama students representing 63 counties.

CollegeCounts — Alabama’s 529 college savings fund — offers scholarship awards of $4,000 for four-year college enrollees and $2,000 for two-year college enrollees to eligible recipients pursuing higher education at institutions in Alabama.  No taxpayer funds are used for this scholarship program.

These scholarships must be applied to tuition, fees, books, supplies and equipment required for course load, including computers. Funds can also be applied to on-campus room and board expenses or off-campus housing if enrolled at least half-time and billed through the school.

“Since 2013, we have awarded $11.5 million to more than 3,000 Alabama students going to Alabama colleges.  CollegeCounts is investing in Alabama’s students so that they may one day invest in our State’s future,” said Boozer.

For more information about CollegeCounts, Alabama’s 529 Fund and how to open an account, please visit CollegeCounts529.com.

Media Contact:

Glenda Allred

334-242-7501

glenda.allred@treasury.alabama.gov

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Last updated

Classification

Agency
AL Treasurer
Published
May 20th, 2024
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Educational institutions Consumers
Industry sector
9211 Government & Public Administration
Activity scope
Scholarship awards Education savings programs Higher education financing
Geographic scope
US-AL US-AL

Taxonomy

Primary area
Education
Operational domain
Finance
Topics
Financial Services Consumer Finance

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