PROVIDENCE – R.I. General Treasurer Seth Magaziner in a press conference on March 3 announced a new college scholarship fund for children of front-line workers who have died from COVID-19.
The Frontline Heroes Fund will award eligible children $2,500 each in scholarship funds for college, set aside through the treasurer’s office’s CollegeBound Saver program, which offers tax-advantaged savings that can be used for college, trade and vocational school.
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Recipients must be under 25 years and designated beneficiaries, while deceased parents or legal guardians must have served as front-line workers at the time of their deaths. Both must be Rhode Island residents.
More information and the application are available online at treasury.ri.gov/programs/collegebound-saver-529-plan.
Nancy Lavin is a PBN staff writer. You may reach her at Lavin@PBN.com.
