[Print letter on letterhead]
[Date]
[Name]
[Address]
[City, State, Zip]
Dear [Name of School] Parent and Teacher Association:
As you begin planning for the current school year, have you considered helping parents prepare for the future cost of college? With decades of experience, we at College Savings Bank specialize in FDIC-insured1 529 college savings products for a variety of savers. Additionally, we serve as program manager for the [Name of Plan/Program]. We understand the challenges that many parents face, and I’d appreciate the opportunity to share our knowledge.
My presentation is designed to help parents become more confident about planning and saving for college, by educating on the variety of choices available. It addresses:
· Rising college costs
· The importance of college and the opportunities available
· Ways to save, including 529 college savings plans
· Benefits of creating a college investing strategy sooner than later
With the cost of a college education on the rise, even a modest start now may help parents be better prepared when the time comes. Please call me today at [phone number] to talk about how we can work together to assist the parents of [Name of School].
Sincerely,
[Your name, Title]
1. The Federal Deposit Insurance Corporation (FDIC) generally insures, with respect to each FDIC-insured institution, deposit accounts that are held in the same right and capacity up to the maximum amount set by federal law, currently $250,000. An account owner’s interest in the insurable balance of a College Savings Bank CD account is insured by the FDIC on a pass-through basis, together with any other deposit accounts the account owner holds at College Savings Bank, in the same right and capacity, up to the maximum amount.
[Note: include the corresponding footer (listed below) depending on the plan represented]
© 2013 Arizona Family College Savings Program (AFCSP). All rights reserved. The AFCSP is sponsored by the State of Arizona and administered by the Arizona Commission for Postsecondary Education (ACPE). College Savings Bank serves as a Program Manager for the AFCSP. Neither the principal invested nor the investment return is guaranteed by the State of Arizona.
College Savings Bank® | Member FDIC
© 2013 Montana Family Education Savings Program (MFESP). All rights reserved. The Bank Plan and Investment Plan are sponsored by the State of Montana and administered by the Montana Board of Regents of Higher Education, as sole trustee of the Montana Family Education Savings Trust (Trust). College Savings Bank serves as a Program Manager for the MFESP. Neither the principal invested nor the investment return is guaranteed by the State of Montana.
College Savings Bank® | Member FDIC
© 2013 CollegeChoice CD. All rights reserved. CollegeChoice CD is sponsored by the State of Indiana and administered by the Indiana Education Savings Authority. College Savings Bank serves as a Program Manager for the CollegeChoice CD. The CollegeChoice CD 529 Savings Plan is not insured by the State of Indiana. Neither the principal invested nor the investment return is guaranteed by the State of Indiana.
College Savings Bank® | Member FDIC
PTA-LTR-0813