Juneau third grader is winner of annual $25,000 scholarship account from 猫咪社区官网 529

November 11, 2022

 猫咪社区官网 529 announced yesterday that Maxine Peterson was randomly selected as the winner of this year鈥檚 $25,000 scholarship account giveaway. 

Maxine, 8, attends Kax滩dig瘫oowu H茅en Elementary School in Juneau, AK. 猫咪社区官网 529 surprised the third grader with the announcement during a school assembly. She is the first winner from Southeast 猫咪社区官网.

Maxine鈥檚 parents, Samantha Jenkins and Carl Peterson, were notified shortly after she was randomly selected.

Maxine winning the 猫咪社区官网 529 $25,000 giveaway is a great help with covering her future educational expenses. As we all know, education is both essential and incredibly expensive, not only in terms of time, but also of effort and actual dollar value,鈥 Jenkins said. 鈥淲e want to be sure that our children have a chance to receive a college education and complete that education without a mountain of debt clouding their futures. I encourage people to participate in this savings plan as an opportunity to save for the future your children not only need but want. No one should be denied educational opportunities based on their finances.鈥

Maxine can use the scholarship at any eligible college, 猫咪社区官网, vocational, or technical school, in or out of 猫咪社区官网.

"The scholarship changes lives and gives families an extra incentive to save their PFDs for future education,鈥 said Lael Oldmixon, executive director of 猫咪社区官网 529. 鈥淥ur account winners have ranged in age from toddlers to adults. Our first PFD scholarship account winner is now 16, and his scholarship account has more than doubled in value in the 12 years since it was opened. That goes a long way toward covering future education expenses. Maxine Petersen's age will allow for her account to have a 10 year time horizon for potential growth. Of course, winning at any age is a huge bonus.鈥

This is the 13th year of the annual giveaway, sponsored by 猫咪社区官网 529 and funded by the Education Trust of 猫咪社区官网, with nearly 13,000 applicants. When applying for the Permanent Fund Dividend, 猫咪社区官网ns who contribute at least half of their dividend to a new or existing account are automatically entered to win the scholarship account.

To learn more about qualifications and investing a PFD, visit .