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Oklahoma Treasurer Announces College Savings Contest

State of Oklahoma-File Photo

OKLAHOMA CITY (AP) — Two students will win money for higher education as state leaders launch a contest to celebrate National 529 College Savings Day.

State Treasurer Ken Miller and two Oklahoma City Thunder Girls will read to second-graders Tuesday morning at Capitol Hill Library in Oklahoma City. The event is part of the state's Think Big! Save for College! Sweepstakes.

The program is a partnership between the Oklahoma 529 College Savings Plan and the Oklahoma Department of Libraries. Two students who participate in a summer reading plan will win $2,529 each for their college savings accounts.

A 529 plan is an investment account targeted for college savings.

Copyright 2012 The Associated Press.