Kentucky Education Savings Plan Trust

The Buzz

News & Press Releases

Eight Kentucky students win $1,000 for college by sharing ideas to change the world

May 04, 2018

FRANKFORT, Ky. — The families of eight Kentucky students have won $1,000 college savings accounts with the Kentucky Education Savings Plan Trust (KESPT) after participating in the 2018 KESPT Dream Out Loud Challenge. Each winner’s school also will receive $500. KESPT is Kentucky’s official 529 college savings plan.

The Dream Out Loud Challenge invited students from pre-kindergarten through sixth grade to submit an original poem, drawing, video or essay answering the question, “How will I change the world after college?” Nearly 500 children from across the state participated.

“Saving for college is important to consider while children are young and families have plenty of time to save,” said David Lawhorn, KESPT program manager. “Not only does Dream Out Loud foster those important conversations, but it encourages Kentucky students to consider the ways a college education can help them pursue successful careers.”

Children who entered the contest shared their ideas about how to change the world as meteorologists, astronauts, firefighter paramedics, teachers and more. The 2018 Dream Out Loud Challenge winners are:

  • Brady Bishop, Pre-K, Child Development Center of the Bluegrass, Lexington, KY
  • Micah Dorsey, Kindergarten, Fern Creek Elementary, Louisville, KY
  • Cole Bishop, Grade 1, Veterans Park Elementary, Lexington, KY
  • Kenadie Hughes, Grade 2, Community Christian Academy, Paducah, KY
  • Luke Nobers, Grade 3, Bowen Elementary, Louisville, KY
  • Gauge Clark, Grade 3, Hanson Elementary, Madisonville, KY
  • Abbi Borders, Grade 6, Boyd County Middle School, Catlettsburg, KY
  • Luke Penrose, Grade 6, Oakland Elementary, Bowling Green, KY

A panel of Kentucky business executives and education professionals served as judges. Winning submissions will be displayed at

KESPT was established in 1988 and is administered by the Kentucky Higher Education Assistance Authority (KHEAA). The Plan helps parents, other relatives and friends save for college expenses with tax benefits. A KESPT account can be started with as little as $25 and can be used at any qualified institution in the nation. TIAA-CREF Tuition Financing, Inc., is the plan manager. For more information on KESPT and the Plan Disclosure Booklet, visit or call toll-free 1-877-598-7878.

No public funding is used for KESPT marketing, promotions or contest awards. Funding is provided by TIAA-CREF program manager for KESPT.

Consider the investment objectives, risks, charges and expenses before investing in the Kentucky Education Savings Plan Trust. Please visit for a Plan Disclosure Booklet containing this and other information. Read it carefully. Investments in the plan are neither insured nor guaranteed and there is the risk of investment loss. 

Non-qualified withdrawals may be subject to federal and state taxes and the additional 10% federal tax. Taxpayers should seek advice from an independent tax advisor based on their own particular circumstances.

TIAA-CREF Tuition Financing, Inc., Plan Manager. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC, distributor and underwriter for the Kentucky Education Savings Plan Trust.


The Latest