A College Savings Award Program
The Saving for Success Award Program is a college savings award program administered by New Mexico Community Trust in partnership with The Education Plan®. The goal of the program is to prepare eligible K-8 students in school in New Mexico for future success in higher education through financial literacy education, encouragement and an award of up to $1,000 in initial value invested in a 529 college savings account with The Education Plan®, New Mexico’s 529 college savings plan.
The Award
Up to 50 eligible students in New Mexico will receive a Saving for Success Award of up to $1,000 invested in a 529 college savings account with The Education Plan®.
What's a 529 Plan?
A 529 plan is a tax advantaged college savings plan designed to make post-secondary education more affordable for families. The Education Plan® is the name of New Mexico’s 529 college savings plan. The savings in a 529 plan can be used for qualified educational expenses, including:
Tuition and fees
Books
Supplies and equipment
Room and board for beneficiaries attending on at least a half-time basis
Computer technology, equipment, internet access
Application Closed
The 2025-2026 Saving for Success Program application is now closed.
Meet the 2025 Recipients
This year’s cohort consisted of 14 recipients. Each student received up to $1,000 invested in a 529 education savings plan with The Education Plan.
Meet some of this year’s recipients…
Natalia Concha | Chamisal, NM |7th Grade
Hawk Dean | Ranchos de Taos, NM | 6th Grade
Holden Dean | Ranchos de Taos, NM | 6th Grade
Freya Hansen | Socorro, NM | 7th Grade
Nehemiah Harmon | Albuquerque, NM | 7th Grade
Jasmine Jackson | Albuquerque, NM | 5th Grade
Liberty Kirlin | Sandia Park, NM | 3rd Grade
Jayla Kirlin | Sandia Park, NM | 4th Grade
Ava O’Connor | Rio Rancho, NM | 8th Grade
Reyes Perea-Duran | Cleveland, NM | 8th Grade
Mayan Qais | Albuquerque, NM | 6th Grade
Lillie Grace Rosen | Albuquerque, NM | 8th Grade
Ryan Ward | Mesilla, NM | 2nd Grade
Davis War | Mesilla, NM | 8th Grade
Donate to the Saving for Success Award Fund
Education is the key to a brighter future for all New Mexicans. We welcome donations to the fund from community organizations and individuals. By contributing, you can help students thrive and lessen their debt load as they start their futures.
Initial funding for this scholarship program was provided by the Jack Beaty Educational Scholarship Foundation.
