On May 29, 2024, LaToya Royal and Tarri Lloyd welcomed their son Dallas, who was the first baby born on that day. In celebration of 529 Day, which raises awareness of the 529 college savings plan and the importance of financial planning, Royal and Lloyd received $1,529 to put into Dallas’s college savings.
“Education is important to us,” said Royal. “Receiving this scholarship will help us ensure a bright future for Dallas.”
Path2College 529 Plan has partnered with Doctors Hospital of Augusta for 10 years to award a college savings account contribution to a “529 Day Baby,” the first baby born on May 29.
“Thank you to Path2College for providing this special scholarship for 10 consecutive years,” said Brad Griffin, COO of Doctors Hospital. “It’s exciting that the first baby born on 529 Day at Doctors Hospital now has a saving contribution from Georgia’s Path2College 529 Plan, which will help him achieve future educational goals.”
A Path2College 529 Plan can help college graduates finish their degree with less debt or debt-free.
“The simple act of opening a 529 plan early can pay dividends for any family with young children. College may seem far away when a baby is first born, but it’s smart to prepare for whatever educational future awaits,” said Lynne Riley, Georgia student finance commission president. “Even a small amount invested early on can grow significantly over the years, helping to reduce the amount you or your children will have to borrow.”
