Levi's and JC Penny offer $50,000 scholarship

The Levi's(R) Brand and JCPenney Team up to Offer Two $50,000 College Scholarships During Second Annual Tuition Sweepstakes


Posted on: Fri, 06 Aug 2010 17:05:00 EDT

SAN FRANCISCO, Aug 06, 2010 /PRNewswire via COMTEX/ --

The Levi's(R) Brand and JCPenney are partnering for the second consecutive year to offer two college scholarship packages of $50,000 each during the companies' tuition sweepstakes. The scholarships are fully transferable enabling the winner to choose who receives the scholarship. Winners can choose to use the scholarship for themselves, their friends, their children or even their grandkids.

The Levi's(R) brand and JCPenney created this tuition campaign to specifically support access to higher education and to increase opportunities for lifetime success. College costs continue to rise, with both public and private colleges over the past 20 years regularly posting tuition increases well above inflation rates. At the same time, college degrees are becoming ever more desirable, and both parents and kids see a degree as a clear path to financial independence and success.

The tuition sweepstakes begins on July 21, 2010 and ends on September 6, 2010. Anyone over the age of 13 is encouraged to enter by texting "TUITION" to 45481, visiting www.LevisTuition.com or going to the JCPenney Facebook page at www.facebook.com/JCPenney.

The two grand-prize scholarship winners will each receive a fully transferable deposit of $50,000 to a 529 account, an educational savings plan that helps families set aside funds. Scholarship winners will also receive an additional $20,000 to cover any taxes incurred.

Visit www.LevisTuition.com for more information.