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Mississippi State Treasurer David McRae Mississippi State Treasurer David McRae

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Laurel Student Feeds 1,000+ Frontline Workers, Wins Tell Me Something Good Scholarship

May 19, 2020, JACKSON, Miss.

State Treasurer David McRae today surprised a student in Laurel with a $529 Tell Me Something Good Scholarship to recognize his service to the community during COVID-19. Fletcher Horne, a 15-year-old student in Laurel, launched Feed the Frontline during the COVID-19 crisis as an Eagle Scout project. Helping to both thank healthcare heroes and stimulate the area's economy, the effort has purchased meals from 19 different local restaurants and fed more than 1,000 frontline workers

"Fletcher has been so hands-on and intentional," wrote his sister, Sabine Horne, in nominating Fletcher for the scholarship. "During this difficult time, we know how important the small things can be, whether that's getting your favorite lunch with an encouraging scripture written on the box or just having your neighbors say thank you. Feed the Frontline has already touched thousands of lives. As Fletcher continues to make deliveries, we hope that Laurel's frontline workers feel our community's love and gratitude in every meal."

"I am thrilled to award Fletcher Horne with this week's 'Tell Me Something Good' scholarship," said McRae, himself an Eagle Scout. "Our judges were blown away by the actions this young man has taken amid this crisis, finding a way to thank our healthcare heroes while also supporting local restaurants that are struggling during this time. It's a remarkable project that I am honored to recognize."

Horne will receive a $529 scholarship in the form of a Mississippi Affordable College Savings (MACS) Account, which is administered by the Mississippi State Treasury. Almost anyone can open a MACS account for a child or loved one for as little as $25. Parents, grandparents, relatives, and friends are invited to learn more at treasury.ms.gov.

This is the second "Tell Me Something Good" scholarship the State Treasury has awarded during the COVID-19 crisis. Two additional scholarships are available. To nominate a student, please click here.





Magee Student Wi​ns First Tell Me Something Good Scholarship

May 13, 2020, JACKSON, Miss.

State Treasurer David McRae today surprised a student in Magee with a $529 Tell Me Something Good Scholarship to recognize his service to the community during COVID-19. Jered Smith, a 16-year-old student at Simpson Academy, is the Founder of Season of Service. During the COVID-19 pandemic, Smith has organized and given away household baskets to the elderly and new moms. He has also provided lunches for local healthcare workers.

"I am extremely pleased to present Jered Smith with a scholarship from College Savings Mississippi," said McRae. "Jered has shown leadership, determination, and compassion in the founding of Season of Service, traits that will take him far in life. We're hopeful this $529 boost to his college savings will help Jered pursue a degree and a fulfilling career in the years ahead. Thank you, Jered, for doing something good for your community."

Smith will receive a $529 scholarship in the form of a Mississippi Affordable College Savings (MACS) Account, which is administered by the Mississippi State Treasury. Almost anyone can open a MACS account for a child or loved one for as little as $25. Parents, grandparents, relatives, and friends are invited to learn more at treasury.ms.gov.





State Treasurer Extends MPACT Open Enrollment Period to July 15

May 11, 2020, JACKSON, Miss.

State Treasurer David McRae today extended the open enrollment period for the Mississippi Prepaid Affordable College Tuition Plan (MPACT) to July 15. This College Savings Plan allows families to lock-in tuition rates and pre-pay their child's tuition.

"We are thrilled to extend the open enrollment period to July 15, giving folks another two months to start a plan before prices increase," said McRae. "Today, the average Mississippi college student graduates with $30,000 of debt. By enrolling in the MPACT program, however, families can pay on the front end so their child can leave college with less debt and more freedom to pursue the career of their choosing."

The open enrollment period will now close on July 15. After that, only parents of newborn children will be able to enroll. Prices are expected to rise when the 2020-21 open enrollment period opens in September 2020. For more information, please visit treasury.ms.gov.

About the Mississippi Prepaid Affordable College Tuition Plan (MPACT)

MPACT prepays the cost of tuition and mandatory fees, while protecting against future college tuition increases. MPACT is the only 529 prepaid tuition plan available that is guaranteed by the State of Mississippi



State Treasurer Announces Judging Panel for "Tell Me Something Good" Scholarship

May 5, 2020, JACKSON, Miss.

State Treasurer David McRae today announced the nine judges who will be evaluating submissions for the "Tell Me Something Good" Scholarship Program. Each week in May, a Mississippi PreK-12 student will be awarded a $529 College Savings Mississippi scholarship for doing good in their communities during the COVID-19 pandemic.

The "Tell Me Something Good" Judging Panel includes:

  • ​​First Lady of Mississippi Elee Reeves
  • Katie Blount, Director of Mississippi Department of Archives and History
  • Kimberly Remak, Executive Director of Trinity Health Center, Inc.
  • Tray Hairston, Partner at Butler Snow LLP
  • Holly Lange, Executive Director of Mississippi Book Festival
  • Ron Matis, Mississippi United Pentecostal Church
  • Jennifer Nicaud, Attorney at Copeland Cook Taylor & Bush
  • Jim Prince III, President and CEO of Prince Media Group
  • Clayton Stanley, President of The Alliance

"I am thrilled to have this distinguished group of people join us in presenting a $529 Tell Me Something Good scholarship to Mississippi young people," said McRae. "We understand these are hard times for many families, and yet, we've seen young people rise from the crisis to do incredible things within their communities. Submissions have already started coming in, so I know these nine judges have their work cut out in selecting a winner each week."

To enter the contest, students must be nominated by a family member, friend, teacher or community member. To nominate a student, please complete the online registration form. Entries are due every Thursday at 5PM and winners will be announced each Monday in May.

Click here to view the full contest rules. 

About the Mississippi Affordable College Savings Program (MACS)

Students will be awarded the scholarship via a MACS account. MACS makes giving the gift of college easy and affordable. Almost anyone can open a MACS account for a child or loved one for as little as $25. Families can use the tax-advantaged account for future college expenses, such as tuition, books, supplies and certain room-and-board expenses. The funds can also be used for elementary and secondary tuition expenses. For more information, please visit treasury.ms.gov.



State Treasurer Asks Students to "Tell Me Something Good" for $529 Scholarship

May 1, 2020, JACKSON, Miss.

State Treasurer David McRae today launched the "Tell Me Something Good" Scholarship Program. Each week in May, a Mississippi PreK-12 student will be awarded a $529 College Savings Mississippi scholarship for doing good in their communities during the COVID-19 pandemic.

"Young people across Mississippi are doing amazing things to help their communities amid the COVID-19 pandemic," said McRae. "Not only do we want to hear about them, but we want to reward them with a $529 College Savings Mississippi scholarship. We understand these are hard times for many families and it's easy to find bad news in all of it, so we're hopeful this will help highlight the incredible resilience and positivity we can find in our communities every day."

​To enter the contest, students must be nominated by a family member, friend, teacher or community member. To nominate a student, please complete the online registration form. Entries are due every Thursday at 5PM and winners will be announced each Monday in May.

Click here to access the registration form.



State Treasurer Urges Hospitals and Clinics to Claim Unclaimed Property to Boost Healthcare Infrastructure, Support Frontline Workers

April 29, 2020, JACKSON, Miss.

State Treasurer David McRae today urged hospitals and clinics to search for and claim any unclaimed property held by the state to help boost Mississippi's healthcare infrastructure and support frontline workers. Their search can begin at treasury.ms.gov. The American Hospital Association reported in March: "Due to expenses to treat COVID-19 patients, hospitals are currently losing up to $1 million per day." In the last month, the state has returned more than $30,000 to hospitals and clinics in the state, but much more remains unclaimed.

"Hospitals and our frontline healthcare workers have made tremendous sacrifices to test and treat Mississippians during the COVID-19 pandemic," said McRae. "To boost our healthcare infrastructure and support frontline workers, I strongly encourage hospitals and clinics to search for and claim any Unclaimed Property held by the state. Especially during this time of uncertainty, we are focused on getting Unclaimed Property out of the state's accounts and into the hands of its rightful owners."

Since the beginning of the COVID-19 outbreak, the State Treasury has returned more than $600,000 in Unclaimed Property to Mississippians. To begin your search, please visit treasury.ms.gov.

What is Unclaimed Property?

It's sometimes very difficult for banks, credit unions, and even retail stores to find the rightful owner of big chunks of money. People move - families lose touch - and the money just sits there. After five years, financial institutions turn that money over to the state to find the rightful owners, which is what our team does in the Unclaimed Property Division.

Where do I search for Unclaimed Property?

Visit treasury.ms.gov. Enter your last name. And begin your search!



State Treasurer Urges Local Governments to Claim Unclaimed Property to Help Fill COVID-Fueled Funding Gaps

April 24, 2020, JACKSON, Miss.

State Treasurer David McRae today urged local governments to search for unclaimed properties held by the state to help fill COVID-fueled funding gaps. In the last month, the state has returned a quarter-million dollars to local governments in Unclaimed Property, but more than $1 million remains unclaimed. To streamline the process, the State Treasury has posted a special State and Local Government Claims form and encouraged entities to take advantage of remote notarization to ensure a faster return.

"Local governments are really struggling to make ends meet right now," said McRae. "I want to encourage them to make sure the state isn't holding any Unclaimed Property that they are entitled to, which could help bridge some of the funding gaps. We recognize this is not the state's money, and especially during this time of uncertainty, we are focused on getting it out of state accounts and into the hands of its rightful owners."

Since the beginning of the COVID-19 outbreak, the State Treasury has returned more than $500,000 in Unclaimed Property to Mississippians. To begin your search, please visit treasury.ms.gov.

Click here to access the State and Local Government Claims Form.

What is Unclaimed Property?
It's sometimes very difficult for banks, credit unions, and even retail stores to find the rightful owner of big chunks of money. People move - families lose touch - and the money just sits there. After five years, financial institutions turn that money over to the state to find the rightful owners, which is what our team does in the Unclaimed Property Division.

Where do I search for Unclaimed Property?
Visit treasury.ms.gov. Enter your last name. And begin your search!



State Treasurer Returns Half-Million Dollars in Unclaimed Property to Economy during COVID-19 Outbreak

April 15, 2020, JACKSON, Miss. - David McRae today announced the State Treasury has returned a half-million dollars in unclaimed property to Mississippi’s economy since the COVID-19 outbreak began escalating in mid-March

"Our number one priority is to find the rightful owners of unclaimed property and return the money as quickly as possible,” said McRae. “We are thrilled to have infused a half-million dollars into the state’s economy during the coronavirus pandemic already, and we’re just getting started. Please visit treasury.ms.gov to begin your search. Even during the COVID-19 outbreak, our team is processing claims and returning the money to Mississippians.”

Earlier this week, McRae announced unclaimed property claims can be notarized remotely, according to a new order from Governor Tate Reeves. Before having your claims form remotely notarized, check with your notary to see if they are authorized to offer remote notarization and can forego the in-person requirements for notarization. For more information on remote notarization, please visit the Secretary of State's website here.

While the State Treasury continues to process claims, the office remains closed to the public and staff are working remotely in line with the recommendations of the CDC, Governor Reeves, and the State Health Officer. The State Treasury hopes to re-open to the public as quickly as is advisable.

What is Unclaimed Property?

It's sometimes very difficult for banks, credit unions, and even retail stores to find the rightful owner of big chunks of money. People move - families lose touch - and the money just sits there. After five years, financial institutions turn that money over to the state to find the rightful owners, which is what our team does in the Unclaimed Property Division.

Where do I search for Unclaimed Property?

Visit treasury.ms.gov. Enter your last name. And begin your search!



McRae Extends Art Contest Deadline, Welcomes Online Submissions

March 17, 2020, JACKSON, Miss. - Treasurer David McRae today announced all PreK-12 students have an additional month to participate in the College Savings Mississippi Art Contest. Submissions are due on April 30. Additionally, the office will now accept submissions via email at collegesavings@treasury.ms.gov.

“Thousands of Mississippi students will be home from school this month,” said McRae. “Art projects can help keep their minds active during this time, and that’s not all. Your child’s masterpiece could be worth $529. So, forget hanging it on the fridge. Submit your student’s next pencil sketch, crayon drawing, or watercolor painting and earn a scholarship today.”

Students in grades PreK-12 are eligible. Winners will receive a scholarship worth up to $529 in the form of a Mississippi Affordable College Savings (MACS) account. The deadline for submission is April 30, 2020.

While submissions continue to be accepted by mail, parents are invited to submit their student’s artwork online. To do so, simply photograph the painting, sketch, collage, etc., and email the image and registration form to collegesavings@treasury.ms.gov. The artwork must answer the question: What do you want to do when you grow up?

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