The second-annual AZ529 Future Career Art Contest, which launches Monday, Jan. 30, asks students from across Arizona to draw, paint or find a creative way to make an art piece representing their dream job.

AZ529, Arizona’s Education Savings Plan, is joining with the Arizona State Treasurer’s Office to encourage kindergarten through 6th-grade students to participate in the contest in which more than $7,000 will be distributed to 14 students to kickstart or contribute to saving for their educational plans beyond high school.

The winners from across the state will receive $529 towards opening a new or existing AZ529 Education Savings Plan account. Winners will be selected from various Arizona counties, and at least one winner representing a district, charter, private, tribal school and homeschool will be selected.

Winners will be honored during a special ceremony at the State Capitol at the end of March.

Parents or guardians of the winners will be responsible for setting up an AZ529 account if an account does not already exist. All entries must be submitted starting Jan. 30 either online to az529.gov/artcontest or through direct mail.

Entries must be received by 11:59 p.m. Sunday, March 5.

The AZ529 Education Savings Plan offers a tax-free approach to setting money aside for college, community college, vocational training, trade school and other educational avenues for high school graduates. Arizona residents can receive a dollar-for-dollar state tax deduction for contributions made to an AZ529 account each year, of up to $2,000 per beneficiary or $4,000 per beneficiary depending on filing status.

Funds earned over time will remain tax-free when used for a wide variety of covered educational expenses. Additionally, friends and family members may add to a child’s AZ529 Plan at any time and earn the same tax benefits for themselves.

Click here for contest details and rules.