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Started By
Message
Louisiana tuition savings program shuts down unexpectedly
Posted on 10/7/25 at 8:00 pm
Posted on 10/7/25 at 8:00 pm
“There were some disruptions and irregularities with the website, and all of a sudden it shut down completely,” said Commissioner of Higher Education Kim Hunter Reed.
LINK
LINK
This post was edited on 10/7/25 at 8:32 pm
14
Posted on 10/7/25 at 8:10 pm to MardiGrasMike
quote:
La’s 529 START Savings Program shut down
This is a very misleading title.
Posted on 10/7/25 at 8:13 pm to MardiGrasMike
Damn bro, you need adjust your title.
Posted on 10/7/25 at 8:13 pm to MardiGrasMike
Somebody in Kazakhstan just got a whole lot of bitcoin added to their account.
Posted on 10/7/25 at 8:24 pm to MardiGrasMike
Another failed Louisiana experiment. In order to get the state tax benefit, you need to use their junk program that now most likely got hacked. Very little information coming out on this. Would be great to have the tax benefits with reputable firms such as Vanguard. Don’t worry, “accounts are insured”
Posted on 10/7/25 at 8:24 pm to dnm3305
quote:
Damn bro, you need adjust your title.
And be enrolled in Chicken's remedial thread starting class.
Posted on 10/7/25 at 8:26 pm to MardiGrasMike
It’s been down for 2 weeks. Time to start asking questions. WTF is going on?
It’s taking my automatic deposits but I can’t get online to stop it.
It’s taking my automatic deposits but I can’t get online to stop it.
Posted on 10/7/25 at 8:27 pm to MardiGrasMike
There is a week old money board thread on it.
LOSFA was hacked, likely ransomware. Word is that they caught the attack quickly so personal info was not compromised.
Also scholarship/TOPs payments are also on hold and unaccessible.
LOSFA was hacked, likely ransomware. Word is that they caught the attack quickly so personal info was not compromised.
Also scholarship/TOPs payments are also on hold and unaccessible.
Posted on 10/7/25 at 8:33 pm to MardiGrasMike
frick your thread title
Posted on 10/7/25 at 8:34 pm to MardiGrasMike
To be clear, the program didn’t shut down. START and TOPS still exist, but students and parents have no way to access their accounts. Website are offline, and no one is answering the phones.
There is something very shady happening behind the scenes. TOPS was impacted last week. The state agency LOFSA reportedly had been experiencing problems for several days prior to taking action by shutting down public access to the program and accounts.
Very little information has been shared. There’s a lot of state officials and agencies also in the dark. LOFSA isn’t being forthcoming, and might not even know the full extent.
Is it a technical issue, cyber attack, data leak???
Now it’s also START. The big difference is that START 529 accounts are full of money, as well as personal and financial data of thousands of Louisiana familes, including their personal banking accounts.
There is something very shady happening behind the scenes. TOPS was impacted last week. The state agency LOFSA reportedly had been experiencing problems for several days prior to taking action by shutting down public access to the program and accounts.
Very little information has been shared. There’s a lot of state officials and agencies also in the dark. LOFSA isn’t being forthcoming, and might not even know the full extent.
Is it a technical issue, cyber attack, data leak???
Now it’s also START. The big difference is that START 529 accounts are full of money, as well as personal and financial data of thousands of Louisiana familes, including their personal banking accounts.
Posted on 10/7/25 at 8:39 pm to KamaCausey_LSU
quote:
There is a week old money board thread on it.
Nope. Same agency (Board of Regents), different issue.
Posted on 10/7/25 at 8:42 pm to MardiGrasMike
Chinese did this. Chinese is asshoe
Posted on 10/7/25 at 8:42 pm to MardiGrasMike
The most disturbing thing to me about this is I don’t even know my balance since I’m a few years out from using it.
Does anyone even get a monthly statement ?
Does anyone even get a monthly statement ?
Posted on 10/7/25 at 8:49 pm to meeple
Same here - been doing $200/mo for both of my kids and I haven't checked their balances in at least 18 months. Don't need it for 12+ years anyway so I had no reason to be checking balances
This post was edited on 10/7/25 at 8:50 pm
Posted on 10/7/25 at 8:57 pm to MardiGrasMike
quote:
Nope. Same agency (Board of Regents), different issue
It's all through LOSFA.
quote:
The Louisiana Office of Student Financial Assistance (LOSFA) is a Program of the Louisiana Board of Regents, administering the state’s scholarship and grant programs, and the state’s Internal Revenue Code Section 529 college savings program.
This post was edited on 10/7/25 at 9:02 pm
Posted on 10/7/25 at 9:03 pm to MardiGrasMike
Lots of kids bout to have to go to Louisiana public schools
Posted on 10/7/25 at 9:06 pm to MardiGrasMike
quote:This instills confidence.
State lawmakers are set to meet Tuesday in New Orleans to determine what caused the outage and how to get the program running again.
Posted on 10/7/25 at 9:12 pm to MardiGrasMike
So what is your point? I don't get it.
Posted on 10/7/25 at 9:13 pm to Jake88
quote:
all accounts are insured
Please let this be real. Education shouldn't be trifled with.
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