Giving Your Child The Gift Of An Education: An MESP Stocking Stuffer
LANSING-(WWJ) Instead of giving that sweater or a pair of socks that will probably be exchanged for something else this holiday season, you can now give the gift of education. The Michigan Education Savings Program is now offering E-Gifting, allowing grandparents, aunts, uncles, or family friends to contribute toward a child's college education savings account, just by clicking on a link.
Jennifer Howey of the MESP said you can send an email or a snail mail to let everyone know about the program.
"In that email there will be a link," said Howey. "So friends and family just click on it and it's similar to paying your bills online. Or if you send out a letter, there will be a payment coupon, similar to the days when people would get a payment coupon book with their cars and write their checks and send it in the mail. It makes it much easier to give the gift of education."
Howey said that the E-Gifting plan allows those close to you to help share some of the burden of the cost of higher education.
"It does take a village," said Howey. "And if you think of yourself as a lone person, it can be very daunting. But when you think that you're not alone, and your friends and family are always giving, whether it's birthdays, or holidays, or just because, this is the way to make the gift last."
Those giving to the program will be directed to a secure web page where they can use their credit cards or an e-check to make a contribution of 25 dollars or more to an existing MESP program.
