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This College Is Matching Families’ 529 Savings with Tuition Discounts

Washington College, in Maryland, will match up to $2,500 in tuition payments made from a qualified 529 account. Sheila Bair, president of Washington College, said it’s not clear yet how many students will benefit from the match, which is being deemed the Saver Scholarship. The first scholarships will be awarded during the next academic year, based on tuition payments made this year. Students qualify once they’re in their sophomore years.