Tennesseans can take advantage of an extra $1,500 to jumpstart their children’s college savings through the Tennessee Investments Preparing Scholars (TIPS) program.
Offered by the Tennessee Department of Treasury, TIPS is a 4-to-1 matching grant program designed to help income-eligible families save for future college costs through a TNStars College Savings 529 account .
Here’s how it works:
1. Check your eligibility: If you’re a Tennessee resident with a child age 14 or younger, visit Treasury.TN.gov/TIPS to see if you meet the household income requirements.
2. Apply: If you meet the eligibility criteria, complete the TIPS Program Application.
3. Open an account and start saving: Once approved, open a TNStars account for each child. You can open an account online in