IU employees may use payroll deduction for Indiana Family College Savings Plan

Information sessions schedule

Indiana Family College Savings Plan

IU Bloomington

March 9
IMU Georgian Room -- 9 a.m., 12:15 p.m., 3 p.m. and 5:30 p.m.
March 10
IMU Georgian Room -- 9 a.m., 12:15 p.m., and 3 p.m.

IUPUI

March 31
9 a.m. -- Nursing, Room 103
12 noon -- Nursing, Room 108
3 p.m. -- Nursing, Room 110
April 8
2:30 p.m. -- University Place Conference Center

IU South Bend

April 3
Alumni Room -- 9 a.m., 12 noon and 3 p.m.

IU East

March 30
Whitewater Hall, Room 200 9:30 a.m. and 1 p.m.

IPFW

March 18
-- Class Room, Medical Room 160 9 a.m. and 1:30 p.m.

IU Kokomo

March 19
Cole Community Room 10:30 a.m. and 3 p.m.

IU Northwest

March 25
Conference Center, Room E 9 a.m., 10:30 a.m. and 1 p.m.

IU Southeast

April 6
Hoosier West 10 a.m. and 1:30 p.m.

Information sessions planned on all campuses

By Susan Williams

In 1996, the Indiana General Assembly passed legislation that created the Indiana Family College Savings Plan. Information regarding the plan was recently sent to all IU faculty staff by NBD Bank, the state-approved administrator.

The Indiana Family College Savings Plan is tax deferred and should be viewed as one option for saving and paying higher education expenses. IU faculty and staff, as well as hourly staff, may contribute to the plan through IU payroll deduction for one account. Those who wish to open multiple accounts may contribute through automatic deduction from a checking or savings account and through coupon contributions.

NBD will be offering information sessions on all IU campuses from now through April. Consider attending a session (30-45 minutes) to ask questions and to learn how the plan works. Dates, times and locations for those sessions already scheduled are listed below.

Any questions about the plan may be directed to NBD at 1-888-814-6800.

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