Kentucky students in grades K-6 have a chance to win $1,500 toward college and $500 for their school in the “Dream Out Loud Challenge.” Students are invited to submit an original drawing, poem, essay or video answering the question: “How will I change the world after I go to college?”

The challenge, sponsored by the Kentucky Education Savings Plan Trust (KESPT), is intended to remind families that it is never too early to start saving and planning for higher education. Six winning entries will be selected by a panel of judges. One winner will be chosen from each of two submission categories — drawing or video, and essay or poem — in grades K-2, grades 3-4 and grades 5-6. The winning students will receive a $1,500 KESPT college savings account, and their schools will win $500. The contest runs from Jan. 21 through March 22, 2013.

KESPT is Kentucky’s official college savings plan and is administered by the Kentucky Higher Education Assistance Authority and managed by TIAA-CREF Tuition Financing. The plan helps parents, grandparents and others invest in a child’s future college education.

Visit www.kysaves.com to learn more about the challenge, including official rules and a complete description of entry requirements.