The Nevada Treasury Encourages Military Families to Access Education Savings Support Through Distinguished Valor Matching Grant Program Nevada military members and their families can receive up to $1,500 through the Victory Capital Distinguished Valor Matching Grant Program.
The Nevada Treasury and the Board of Trustees of the College Savings Plans of Nevada, in partnership with Victory Capital, are promoting the Victory Capital 529 Distinguished Valor Matching Grant Program. This initiative aims to support Nevada military members and their beneficiaries in achieving their higher education goals. The grant offers eligible recipients a potential dollar-for-dollar match of up to $1,500, over a five-year period, toward an existing or newly established Victory Capital 529 plan.
The Victory Capital 529 Education Savings Plan offers a tax-advantaged investment for future education expenses designed to incentivize savings. The Distinguished Valor Matching Grant specifically supports the educational aspirations of Veterans, reservists, and active-duty U.S. military personnel, along with their families and loved ones. Over the past five years, the Victory Capital 529 Distinguished Valor Matching Grant Program has awarded over $126,000 in grant money to eligible Nevada military families.
“Education should be a gateway, not a gatekeeper,” said State Treasurer Zach Conine. “Our mission in the State Treasury is to create pathways that make higher education more accessible. Through the Victory Capital Distinguished Valor Matching Grant, we’re committed to helping ease the rising costs of higher education for Nevada’s brave service members and their families.”
“Those who serve our country deserve our unwavering gratitude and meaningful support,” stated Scott Kefer, Head of Education Savings for Victory Capital. “With rising educational costs, our Distinguished Valor Matching Grant program ensures Nevada’s service members, Veterans, and their families have trusted partners in pursuing their educational goals.”
Applicants can easily apply for the Victory Capital 529 Distinguished Valor Matching Grant Program by completing a simple online form at any time. Once approved, the account owner is eligible to receive matching funds for 529 Plan contributions in the same calendar year and may continue to receive contributions for the next four years, up to a lifetime maximum of $1,500 over five years.
For more information about the Victory Capital 529 Distinguished Valor Matching Grant, including all eligibility requirements and to apply, visit www.vcm.com/matchinggrant.
About the Nevada Treasury
The Nevada Treasury is responsible for several critical State functions, including State banking, and transaction management; investment and debt portfolio management; collecting and returning unclaimed property; and administering a number of college savings and scholarship programs. The State Treasurer is elected by the people to a four-year term. Zach Conine is the current State Treasurer. For questions or more information, please call 702-486-6980 or email collegesavings@nevadatreasurer.gov.
About Victory Capital Victory Capital (NASDAQ: VCTR) is a diversified global asset management firm with $313 billion in total client assets, as of September 30, 2025. We serve institutional, intermediary, and individual clients through our Investment Franchises and Solutions Platform, which manage specialized investment strategies across traditional and alternative asset classes. Our differentiated approach combines the power of investment autonomy with the support of a robust, fully integrated operational and distribution platform. Clients have access to focused, top-tier investment talent equipped with comprehensive resources designed to deliver competitive long-term performance.
Victory Capital is headquartered in San Antonio, Texas. To learn more, visit www.vcm.com or follow us on Facebook, Twitter (X), and LinkedIn.
Paid in five annual installments of $300 each.
All investing involves risk, including the potential loss of principal.
Carefully consider the investment objectives, risks, charges and expenses of the Victory Capital 529 Education Savings Plan (Plan) before investing. Visit vcm.com/prospectus for a Plan Description and Participation Agreement containing this and other information about the Plan from Victory Capital Services, Inc. (VCS), Underwriter and Distributor. Read it carefully before investing.
The Plan is sponsored by the state of Nevada, acting through the Trustees of the College Savings Plans of Nevada. Interests in the Plan are municipal fund securities issued by the Nevada College Savings Trust Fund. Anyone may invest in the Plan and use the proceeds to attend school in any state. Before investing, consider whether any 529 plan offered by your home state or your beneficiary’s home state offers state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that may not be available through the Plan. If you withdraw money from the Plan for something other than qualified education expenses, you will owe federal income tax and may face a 10% federal tax penalty on earnings as well as state and local taxes. Consult a tax advisor.
The Victory Capital 529 Education Savings Plan (Plan) is distributed by Victory Capital Services, Inc, member FINRA and SIPC.
