Pennsylvania grant & resource directory - pa house
Pennsylvania grant & resource directory - pa house
Pennsylvania grant & resource directory - pa house
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PENNSYLVANIA TREASURY DEPARTMENT<br />
www.<strong>pa</strong>treasury.org<br />
GRANT/LOAN<br />
Keystone HELP – The Keystone Home Energy Loan<br />
Program (Keystone HELP) offers affordable financing options<br />
through AFC First Financial that help Commonwealth<br />
homeowners conserve energy and save money on their utility<br />
bills. Eligible homeowners can obtain loans to purchase and<br />
install energy-efficient equipment or to implement whole<strong>house</strong><br />
improvements.<br />
DEADLINE / REGULATIONS<br />
Information about applying for a Keystone<br />
HELP loan is available at:<br />
www.KeystoneHELP.com or by calling<br />
1 (888) 232-3477.<br />
***Note*** Keystone HELP differs from<br />
the Low Income Home Energy Assistance<br />
Program (LIHEAP), which provides <strong>grant</strong>s<br />
to help low-income families <strong>pa</strong>y their<br />
heating bills. More information about<br />
LIHEAP and about determining eligibility<br />
is available from the toll-free Stay Warm<br />
PA hotline, 1 (866) 550-4355 or the toll-free<br />
LIHEAP hotline at: 1 (866) 857-7095.<br />
PENNSYLVANIA DEPARTMENTS<br />
PA 529 College Savings Program – The <strong>Pennsylvania</strong> 529<br />
College Savings Program is a tax-smart way to save for future<br />
education needs. <strong>Pennsylvania</strong> offers two plans, the PA 529<br />
Guaranteed Savings Plan (GSP) and the PA 529 Investment<br />
Plan (IP). Under the PA 529 GSP, princi<strong>pa</strong>l is protected and,<br />
when used for college, growth is based on college tuition<br />
inflation – not the financial markets. The PA 529 GSP allows<br />
families to contribute enough to cover any portion of college<br />
(e.g. a credit, semester, a year or four years) today and have<br />
that portion covered tomorrow – no matter when or how<br />
much tuition rises in the meantime. The PA 529 IP is a mutualfund<br />
based investment product, investing the deposited funds<br />
in a wide variety of investment vehicles from The Vanguard<br />
Group. Fees apply.<br />
Families saving through either PA 529 plan receive taxdeferred<br />
growth on earnings and tax-free withdrawals<br />
when funds are used for qualified educational expenses.<br />
<strong>Pennsylvania</strong> tax<strong>pa</strong>yers can deduct contributions to a PA 529<br />
account from their <strong>Pennsylvania</strong> taxable income up to $13,000<br />
per beneficiary per year. For married couples, contributions<br />
up to $26,000 per beneficiary are deductible, provided each<br />
spouse has taxable income of $13,000.<br />
More information about the <strong>Pennsylvania</strong><br />
529 College Savings Program is available at:<br />
www.PA529.com or by calling<br />
1 (800) 440-4000.<br />
Please read the Disclosure Statements (available<br />
online or by calling) to learn more about each plan’s<br />
investment objectives, risks, charges, expenses,<br />
tax implications and, for the PA 529 GSP, the<br />
limitations on its guarantee, which is an obligation<br />
of the GSP Fund only and not the Commonwealth<br />
of <strong>Pennsylvania</strong>. For the PA 529 Investment<br />
Plan, please note that investment returns are not<br />
guaranteed and princi<strong>pa</strong>l may be lost.<br />
PA Grant & Resource Directory<br />
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