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CASH FOR CLASS SCHOLARSHIP RACE

 

On Track School and GPF (Georgia Practice Facility) are proud to announce the 2nd annual Cash for Class Scholarship Race, set for November 13-15 in Cairo, Georgia. The mission: Community Support for Education Through Racing. “GPF raised more than $12,750 in donations to support education for racers at last year’s inaugural event,” says Andrea Lieb, head coach and director of On Track. “We are looking for help from industry leaders interested in making donations supporting this scholarship.”

Last year over $9,300 in scholarships in 14 classes were awarded to racers in the form of tax-free contributions for the first ever scholarship race for motocross athletes. Cash awards are provided based on overall race results at the event in qualified classes as tax free deposits into 529 Educational Savings Plans set up by parents. The funds can be used toward college, trade school, technical institutes as well as private K-12 schools.

For a full explanation of how to use a 529 Education Plan and Scholarship information click here:

https://www.ontrackschool.com/scholarships/