Lawmakers Want More Low Income Families in NEST - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

Lawmakers Want More Low Income Families in NEST

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Lawmakers want to increase college savings for lower income students.

In 2011 nearly half of the participants in the Nebraska Educational Savings Trust (NEST) made more than $100,000 dollars. Families making below $50,000 accounted for less than seven percent.

Senator Rick Kolowski has made plans to introduce a bill next year to help low income families.

It would exclude scholarships, savings plans and work-study income as assets for people applying for public benefits.

More information about NEST can be found on the State Treasurer website here http://www.treasurer.org/cs/.

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