Save Now, Save Later

Official Rules

No purchase or payment necessary to enter or to win.

Section II revised effective October 19, 2022.

I. Promotion Period:The 2022 Save Now, Save Later: College Savings Plan Parent Giveaway (the "Giveaway") begins on September 6, 2022, and ends October 31, 2022 (the "Promotion Period"). The Giveaway is sponsored by Iowa Student Loan Liquidity Corporation, 6805 Vista Drive, West Des Moines, IA 50266 (the "Sponsor").

II. Eligibility:The Giveaway is open to all legal United States residents who, as of the end date of the Promotion Period: (a) reside in the State of Iowa; (b) are a parent or legal guardians of one or more Iowa middle or high school students (grades 6 through 12) during the 2022-2023 school year (an "Eligible Student"); and (c) accept and agree to be bound by these Official Rules (an "Eligible Participant"). To participate in the Giveaway, each Eligible Participant must have Internet access. Sponsor, officers, members, directors, representatives and employees of the Sponsor, or any of its parent companies, affiliated companies, subsidiaries, persons engaged in the development or production of materials for this Giveaway, or employees of the Iowa State Treasurer's Office (the "Released Parties"), are not eligible to participate in the Giveaway. Additionally, the immediate family members of Released Parties (defined as spouse, ex-spouse, fiancé, parents, grandparents, children, grandchildren of Released Parties), or persons living in the same household as Released Parties (whether related or not), are not eligible to participate in the Giveaway as either an Eligible Participant or as an Eligible Student; siblings of Released Parties (whether biological, adopted, step, or in-law) may participate as an Eligible Participant, provided they do not live in the same household as a Released Party, but may not participate as an Eligible Student. The Giveaway is subject to all applicable federal, state, and local laws and regulations. Participation constitutes Eligible Participant's full and unconditional agreement to these Official Rules and to Sponsor decisions, which are final and binding in all matters related to the Giveaway. Eligibility to be entered into the Giveaway is contingent upon fulfilling all requirements set forth herein.

III. How to Participate in the Giveaway:An individual will be deemed an Applicant in the Giveaway if: (a) they are an Eligible Participant, as defined in section II., above; and (b) they visit www.iowastudentloan.org/savenow (the "Website"), and by or before 11:59:59 p.m. (Central time), as determined by Sponsor’s computer system, on October 31, 2022, both: (i) views the Parent Handbook; and (ii) completes and successfully submits the registration information (an "Applicant"). Required registration information includes each Eligible Participant's: first and last name, mailing address, email address, phone number, Eligible Student's first and last name, Eligible Student's grade level, name of Eligible Student's school district, and whether or not the Eligible Participant has an existing College Savings Iowa account in place for the Eligible Student (the "Registration Information"). At the end of the Promotion Period, the names of twenty-five (25) potential Winners will be randomly selected from among all eligible Applicants. After completing and submitting the registration by the registration deadline above, each Applicant may receive periodic email messages with helpful college success tips. Applicants can opt out of receiving future emails during or at any point after initial registration. Applicants are not required to have a College Savings Iowa account to enter the Giveaway; however, potential Winners must have a College Savings Iowa account naming an Eligible Student as the beneficiary in order to receive the Award. Potential Winners who do not have a College Savings Iowa account naming an Eligible Student as the beneficiary must open one, and provide the necessary information to the Sponsor, within forty-five (45) days after being notified they are a potential Winner, in order to be declared a Winner and receive the Award, otherwise they will be declared ineligible and forfeit the Award. Any Award that is forfeit will not be awarded to any other Eligible Participant, Applicant, potential Winner, or Eligible Student.

All required information must be completed to enter and to be eligible to win. Incomplete entries will be disqualified. Sponsor reserves the right, in its sole discretion, to void any and all entries of an Eligible Participant and/or Applicant that Sponsor believes has attempted to tamper with, influence or impair the administration, security, fairness, or proper play of this Giveaway. Limit of one entry per Eligible Student. Duplicate entries will be deleted. As defined in section II., above, an Eligible Student is a student attending an Iowa middle or high school (grades 6 through 12) during the 2022–2023 school year and whose parent or legal guardian meets all of the eligibility requirements to be an Applicant. Proof of entering information is not considered proof of delivery to or receipt by Sponsor of an entry. Released Parties are not responsible for entries that are: late, incomplete, illegible, incorrect, damaged, delayed, garbled, undelivered, misdirected, or lost, all of which will be disqualified. All entries become the exclusive property of Sponsor and will not be acknowledged or returned.

IV. Use of Personal Information/Opt In:By participating in the Giveaway, Eligible Participants and Applicants consent for the Sponsor to obtain, use, and transfer their name, address and other information ("Personal Information") for the purpose of administering this Giveaway. The information that Eligible Participants and Applicants provide in connection with the entry process will be used by Sponsor for the purposes of sending Giveaway-related communications to Eligible Participants and Applicants and determining eligibility of Applicants. Additionally, the information that Eligible Participants and Applicants provide in connection with the entry process may be used by Sponsor to provide other communications to Eligible Participants or Applicants, unless Eligible Participants or Applicants affirmatively de-select an option during the registration process to withhold their consent to receiving additional information about products and services offered by Sponsor. Consenting or declining to receive additional information from Sponsor, or a purchase of products or services from Sponsor, will not affect an Eligible Participant's or Applicant's chances of winning.

By participating in the Giveaway, Eligible Participants and Applicants consent for the Sponsor to share their Registration Information with the Iowa State Treasurer's Office (the "529 Administrator"), which is the administrator of College Savings Iowa, the State of Iowa's direct-sold 529 program, if requested by the 529 Administrator. Any communications from the 529 Administrator will include opt out information, and Eligible Participants and Applicants may opt out of communications from the 529 Administrator by following the instructions in that opt out information.

V. Limitations of Liability:If this Giveaway is not capable of running as planned for any reason, including, without limitation, due to infection by computer virus, worms, bugs, tampering, unauthorized intervention, fraud, technical failures, fire, flood, storm, or other natural cataclysm, riot, strike, civil commotion, government regulation, or any other causes beyond the control of the Sponsor which corrupt or affect the administration, security, fairness, integrity or proper conduct of this Giveaway, the Sponsor reserves the right, in its sole discretion, to disqualify any individual who tampers with the entry process, and to terminate, modify or suspend the Giveaway, in whole or in part, at any time, without notice, and select the winners via a random drawing using all non-suspect eligible entries. Any Eligible Participant or Applicant who supplies false information, obtains entries by fraudulent means, or is otherwise determined to be in violation of these Official Rules in an attempt to obtain any benefit, will forfeit any Award won and may be prosecuted to the full extent of the law. Released Parties assume no responsibility for any incomplete, incorrect, or inaccurate information, whether caused by Website users, tampering, hacking, or by any of the equipment or programming associated with or utilized in the Giveaway, or by any technical or human error. Released Parties assume no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction of, unauthorized access to, or alteration of, entries. The Released Parties are not responsible for any problems or technical malfunction of any telephone network or telephone lines, computer online systems, servers, or providers, computer equipment, software, or failure of any email or entry to be received on account of technical problems, human error or traffic congestion on the Internet or at any website, or any combination thereof, including any injury or damage to Eligible Participant's, Applicant's or any other person's computer (or any information/material stored therein) relating to or resulting from participation in this Giveaway or downloading any materials in this Giveaway. Caution: Any attempt to damage any website or undermine the legitimate operation of the Giveaway is a violation of criminal and civil laws and should such an attempt be made, the Sponsor reserves the right to seek damages or other remedies from any such person(s) responsible for the attempt to the fullest extent permitted by law.

VI. Awards:There will be a maximum of twenty-five (25) Giveaway winners. Each Winner (as defined in section VII., below) will receive a $1,000 contribution (the "Award") to the College Savings Iowa account of the Winner that names the Eligible Student whose name was provided during registration as the beneficiary. Each Award will be directly deposited to that College Savings Iowa account. The total pool to be awarded has a maximum value of $25,000, but may be lower than that amount if any potential Winners are disqualified, determined to be ineligible, or forfeit the Award. An Award will not be split up or divided between multiple College Savings Iowa accounts by Sponsor.

VII. Winner Selection:The potential Winners will be randomly selected from among all eligible entries received, following the end of the Promotion Period. Odds of winning will depend on the total number of eligible entries received. Limit one Award per Eligible Student during the Promotion Period. Each potential Winner will be notified by telephone, email and/or U.S. Postal Service. Following the initial notification and verification of each potential Winner, the Award will be delivered as described in these Official Rules.

"Winner" is defined as an Applicant who: (i) meets all of eligibility criteria listed in section II., above; and (ii) completes all of the participation requirements listed in section III., above; and (iii) is randomly selected as a potential Winner from among all eligible Applicants; and (iv) has a College Savings Iowa account naming an Eligible Student as the beneficiary, or opens a College Savings Iowa account naming an Eligible Student as the beneficiary within forty-five (45) days of receipt of notice from Sponsor that they are a potential Winner; and (v) provides all necessary information to Sponsor so that the Award can be deposited to that College Savings Iowa account.

VIII. Terms and Conditions:Each Winner is required to comply with any and all applicable federal, state and local laws, rules and regulations. If an Award notification is returned as unclaimed or undeliverable to a potential Winner, if potential Winner cannot be reached within three (3) calendar days from the first notification attempt, if potential Winner fails to return requisite document(s) within the specified time period, and/or if a potential Winner is not in compliance with these Official Rules, then such person shall be disqualified. To claim an Award, each potential Winner will be required to provide their correct full name, mailing address, telephone number, and email address, and the name of the Eligible Student on the College Savings Iowa account into which the Award funds are to be deposited; the Eligible Student must be the same Eligible Student named in the potential Winner's Registration Information.

The Released Parties have not made any warranty, representation or guarantee, expressed or implied, in fact or in law, with respect to any award, and specifically disclaim all such warranties, including, without limitation, any warranty of merchantability or fitness for a particular purpose. The Awards are given without warranty of any kind either expressed or implied. An Award may not be sold or traded and is not exchangeable, transferable, or redeemable for cash except in Sponsor's sole discretion. Award details and availability are subject to change. There are no substitutions unless specified by the Sponsor. The Sponsor reserves the right at its sole discretion to substitute any Award with another item of equal or greater value. Awards may be fulfilled by a third party. The Released Parties are not in any way responsible or liable for damages resulting from loss, use or misuse of any Award given in this Giveaway.

A 1099 tax form will not be issued to the Winners. The Award may be considered income to the Winners, and any taxes resulting from the receipt of the Award are the responsibility of the Winners. Please consult a tax advisor regarding the tax consequences of accepting an Award.

Each Winner's acceptance of an Award constitutes permission (except where prohibited) for the Sponsor to use the Winner's and the Eligible Student's name, photograph, video, likeness, statements, biographical information, voice and address (city and state only) for any and all public relations, advertising and/or promotional purposes as determined by Sponsor, in all forms of media and by all manners (now and hereafter known), in perpetuity, without notice, consent, review or approval, or further compensation. Acceptance of an Award also constitutes the Winner's permission for the Sponsor to share the Winner's name and mailing address with other entities for recognition purposes.

IX. Modification: In no event will Sponsor be obligated to distribute more Awards than the number stated in these Official Rules. If for any reason Sponsor determines, in its sole discretion, that the Giveaway is no longer capable of running as intended by these Official Rules for any reason whatsoever, including, but not limited to, any occurrences described in section V., above, or any other causes which may corrupt or impair the integrity, security, fairness or proper conduct of the Giveaway, Sponsor reserves the right to terminate, suspend, postpone, delay or modify the Giveaway, in whole or in part. If Sponsor determines that more Award claims are submitted or more Award notices are distributed than the number offered in these Official Rules, Sponsor shall immediately suspend the Giveaway and Awards, and Sponsor reserves the right to distribute any remaining Awards (up to the total set forth in these Official Rules) in a manner deemed fair and equitable by Sponsor.

X. Releases:All Applicants, as a condition of participation or entering in this Giveaway, agree to defend, indemnify, release and hold harmless Sponsor and Released Parties from and against any and all liability, claims, damages, injuries or actions of any kind whatsoever for injuries, damages, or losses to persons or property which may be sustained in connection with: (a) accessing the Sponsor's Website; (b) participating in any aspect of the Giveaway, including, without limitation, while preparing for, participating in and/or traveling to or from any Award- or Giveaway-related activity, including, without limitation, any injury, damage, death, loss or accident to person or property; (c) the receipt, ownership, possession, use or misuse of any money awarded; (d) viruses or any downloading or other problems with the Giveaway application; or (e) any typographical, printing, or other error in these Official Rules, advertisements, or the announcement of offering of any Award. Each Winner bears all liability and risk of loss to their respective Award after it has been delivered.

XI. Governing Law/Disputes:By participating, Eligible Participants and Applicants agree to be bound by the Official Rules, the Sponsor's Website Terms of Use (if any, and if applicable to their method of participating), and the decisions of the Sponsor, which are final and binding in all respects. Except where prohibited, Eligible Participant and/or Applicant agrees that: (a) any and all disputes, claims and causes of action arising out of or connected with this Giveaway or any Award given shall be resolved individually, without resort to any form of class action, and any judicial proceeding shall take place in a federal or state court in Des Moines, Iowa; (b) any and all claims, judgments and awards shall be limited to actual out-of-pocket costs incurred, including costs associated with entering this Giveaway, but in no event legal fees; and (c) under no circumstances may any Eligible Participant or Applicant obtain awards for, and each Eligible Participant and/or Applicant hereby waives all rights to claim, indirect, punitive, incidental and consequential damages and any other damages, other than for actual out-of-pocket expenses, and any and all rights to have damages multiplied or otherwise increased. All issues and questions concerning the construction, validity, interpretation and enforceability of these Official Rules, or the rights and obligations of the Eligible Participants, Applicants, Sponsor, or the Released Parties in connection with the Giveaway, shall be governed by, and construed in accordance with, the laws of the State of Iowa without giving effect to any choice of law or conflict of law rules (whether of the State of Iowa or any other jurisdiction), which would cause the application of the laws of any jurisdiction other than the State of Iowa.

XII. Official Giveaway Rules Request:For a copy of these Official Rules, send a request specifying Official Rules along with a self-addressed, stamped envelope, postmarked by December 30, 2022, and received by January 20, 2023, and mail to: Iowa Student Loan Compliance Dept., "2022 College Savings Plan Parent Giveaway" Official Rules, 6805 Vista Drive, West Des Moines, IA 50266.

XIII. Winners List Request:To request confirmation of the name and city/state of residence for the Award Winner(s), send a request specifying Winners List along with a self-addressed, stamped business size envelope, postmarked by January 30, 2023, and received by February 20, 2023, to: Iowa Student Loan Compliance Dept., "2022 College Savings Plan Parent Giveaway" Winners List, 6805 Vista Drive, West Des Moines, IA 50266.

XIV. Sponsor:Iowa Student Loan Liquidity Corporation, 6805 Vista Drive, West Des Moines, IA 50266. Sponsor also does business under the name ISL Education Lending.

XV. Miscellaneous:The names of individuals, groups, companies, products and services mentioned herein, and any corresponding likenesses, logos and images thereof reproduced herein, have been used for identification purposes only and may be the copyrighted properties and trademarks of their respective owners. The mention of any individual, group or company, or of a product or service, does not imply any association with or endorsement by such individual, group or company or the manufacturer or distributor of such product or service and, except as otherwise indicated no association or endorsement is intended or should be inferred. The invalidity or unenforceability of any provision of these Official Rules will not affect the validity or enforceability of any other provision. In the event that any provision of the Official Rules is determined to be invalid or otherwise unenforceable or illegal, the other provisions will remain in effect and will be construed in accordance with their terms as if the invalid or illegal provision were not contained herein. Sponsor's failure to enforce any term of these Official Rules will not constitute a waiver of that provision. For Eligible Participant and/or Applicant, to the extent there is a conflict between these Official Rules and any official rules appearing in any other location and any terms of use or other agreements posted on the Sponsor's Website, these are the Official Rules to be abided by.

XVI. Void where prohibited or restricted by law.This Giveaway is not valid in any area or jurisdiction where it is prohibited or restricted by law.