Trust Donates Book Bags

The Connecticut Higher Education Trust, Connecticut’s 529 college savings plan, has donated 1,529 school supply-filled book bags to students in need across the state. CHET and TIAA-CREF Tuition Financing Inc., which manages the plan, partnered with My Sisters’ Place in Hartford, an organization dedicated to making a difference in the lives of homeless women and their children, as well as ASPIRA, an organization that fosters the education and positive leadership development of Puerto Rican/Latino and other youth. CHET also partnered with the Connecticut Department of Children and Families and the Salvation Army of Southern New England to distribute bags to children statewide. Pictured are delivery volunteer Jimmy Doer, left, and Jennifer Faubert, donation coordinator at My Sisters’ Place. The CHET program was established in 1997, and has now grown to over $1.3 billion in assets with over 94,000 individual accounts as of July 31.