Treasurer Garrity, Sen. Yaw visit to promote PA 529 savings program

Published 06.02.2022

Faculty & Staff
Business, Arts & Sciences
Engineering Technologies

Pennsylvania Treasurer Stacy Garrity joined state Sen. Gene Yaw (R-23) on a Thursday tour of Pennsylvania College of Technology, hosted by President Davie Jane Gilmour, to promote the PA 529 College and Career Savings Program.

“Penn College offers a wide range of programs that are crucial to making sure Pennsylvania has the highly skilled workers we need for the future,” Garrity said. “Treasury’s PA 529 plans are the perfect tool to help families save and pay for education – including the popular nursing, welding and information technology programs here at Penn College. I want to thank Sen. Yaw and Dr. Gilmour for inviting me to tour this impressive campus.”

In the final stop before lunch, Brett A. Reasner, assistant dean of transportation technologies, shows off CAL's well-equipped instructional space for collision repair and automotive restoration.Peter Kruppenbacher (right), assistant professor of building construction technology, touts the advantages to employers of a college-educated workforce during a carpentry lab tour. Listening (from left) are Michael J. Reed, vice president for academic affairs/provost (and incoming college president); Yaw; Garrity; and Ellyn A. Lester, assistant dean of construction and architectural technologies.“I’m very pleased that Treasurer Garrity accepted my invitation to visit Penn College as part of her commitment to tour technical institutions in Pennsylvania,” said Yaw, who also chairs the college's Board of Directors. “We were excited to welcome her to the campus and show off why it appeals to so many students. In addition, we encourage all prospective students and their families to consider using a PA 529 account to invest in their future success by enrolling in one of the campus’s premier technical programs.”

Offering a peek at the electron beam welder to the day's governmental guests are (at left) Kathy D. Chesmel, assistant dean of materials science and engineering technology, and welding instructor Michael R. Allen.“We were delighted to have Treasurer Garrity with us today to tour campus and see firsthand the types of hands-on academic programs that we offer. Penn College degrees continue to address a variety of crucial workforce needs throughout the commonwealth,” Gilmour said. “Many of our students need scholarship and financial aid assistance to complete their education, and PA 529 plans are another tool to help students and families meet the costs of college.”

The tour included visits to the Student & Administrative Services Center, Veterans & Military Resource Center, Carl Building Technologies Center, Electrical Technologies Center, Lycoming Engines Metal Trades Center, and College Avenue Labs, and concluded with a lunch at Le Jeune Chef, an on-campus restaurant within Penn College's School of Business, Arts & Sciences.

Garrity – a retired Army Reserve colonel who was thrice deployed and twice awarded the Bronze Star – properly delivers a palmed challenge coin to another veteran: Chet Beaver, coordinator of veteran and military services.Garrity hears about the popularity of the college's electrical majors from Reed and Stacey C. Hampton, assistant dean of industrial and computer technologies.The college has been in operation for more than 100 years, and offers approximately 100 areas of study from certificates to associate, bachelor’s and master’s degrees.

PA 529 accounts have been helping Pennsylvania families steadily and strategically save for future educational expenses for more than 30 years. Treasury offers two plans: the PA 529 Guaranteed Savings Plan, which allows families to save at today’s tuition rates to meet tomorrow’s tuition costs, and the Morningstar Silver Rated PA 529 Investment Plan that offers a number of investment options.

Pausing during a visit to the automated manufacturing lab, of particular interest to the treasurer, Garrity and Yaw look over items produced by students.PA 529 plans have significant state and federal tax advantages and can be used for a wide variety of qualified technical, collegiate, apprenticeship and K-12 educational expenses.

To learn more about PA 529 accounts and to start saving, visit, email the Pennsylvania Treasury or call 800-440-4000.