Pre-Paid College Programs
* What is a Pre-Paid College Program?
- Pay tomorrow’s tuition at today’s cost
- Geared towards students ages 0-Middle/High
school
* All States Offer Innovative Ways to Fund College
-
State Plans Promote;
Planning for education expenses
Saving for education instead of relying on debt
Reliance on family resources vs government aid
- State plan designed to meet differing need of each state vs “one-sizefits-all” national approach
* Plan Coverage
- Tuition/Administrative Fees/Dorm Cost
- Purchase what you need/can afford
* Payment Plans
- Monthly or Lump Sum
* Flexibility
- Start College Later
- Decide not to attend college
- Decide on an out of state school
- Refund (interest or possible penalty)
* Websites
http://www.collegesavings.org
http://www.mapping-your-future.org
Florida http://www.florida529plans.com/
Maryland http://www.collegesavingsmd.org/
Saving for College
Http://www.savingforcollege.com/529_plans/state_pages/details.php?plan_id=11
Presenter: William Harvin
email: wjharvin@csi.com
Prepaid College Tuition Programs
Alabama Prepaid Affordable College Tuition (PACT) (Alabama)
http://www.asc.edu/archives/agencies/prepaid.html
Alaska Advance College Tuition (ACT) (Alaska)
http://www.alaska.edu/ua/swact
Arizona Students' Association (Arizona)
http://www.asa.asu.edu/prepa.html
The Golden State Scholarshare Program (California)
http://www.scholarshare.com
Colorado Prepaid Tuition Fund (Colorado)
http://www.prepaidtuition.org
Connecticut Higher Education Trust (CHET) (Connecticut)
http://www.aboutchet.com/
College Investment Plan (Delaware)
http://personal311.fidelity.com:80/planning/college/content/delinvest.html.tvsr
Florida Prepaid College Tuition Program (Florida)
http://fsba.state.fl.us/prepaid
Georgia HOPE Scholarship Program (Georgia)
http://www.hope.gsfc.org
Illinois Prepaid Tuition Program (Illinois)
http://www.collegeillinois.com
Indiana Family College Savings Plan (Indiana)
http://www.incollegesave.com/
College Savings (Iowa)
http://www.treasurer.state.ia.us
Montana Family Education Savings Program (Montana)
http://montana.collegesavings.com
Nevada State Prepaid Tuition Program (Nevada)
For information call 1-702-687-5200.
Unique College Investing Plan (New Hampshire)
http://www.state.nh.us/treasury
New Jersey Better Educational Savings Trust (New Jersey)
http://www.state.nj.us/treasury/osa/njbest
New York College Choice Tuition Savings Program (New York)
http://www.nysaves.org/
North Carolina College Vision Fund (North Carolina)
http://www.collegevisionfund.org/
Ohio Tuition Trust Authority (OTTA) (Ohio)
http://www.prepaid-tuition.state.oh.us
Oklahoma College Savings Plan (Oklahoma)
http://www.ok4saving.org
Pennsylvania Tuition Account Program (TAP) (Pennsylvania)
http://www.patap.org
Rhode Island Higher Education Savings Trust
http://www.rihest.com
South Carolina PACE (Prepaid Affordable College Education) Program
www.state.sc.us/tpp
Tennessee BEST (Tennessee)
http://www.state.tn.us/treasury/best.htm
Kentucky Education Savings Plan Trust (Kentucky)
For information call 1-877-598-7878
http://www.kentuckytrust.org
Texas Tomorrow Fund -- Prepaid College Tuition Program (Texas)
http://www.window.state.tx.us/comptrol/ttf/ttfmain.html
Louisiana START Saving Program (Louisiana)
http://www.osfa.state.la.us/START.htm
Utah Educational Savings Plan Trust (Utah)
For information call 1-800-418-2551.
Maine NextGen College Investing Plan (Maine)
http://www.nextgenplan.com
Vermont Higher Education Savings Plan
For information call 1-800-642-3177.
Maryland Prepaid College Trust (Maryland)
http://www.prepaid.usmd.edu
Virginia Prepaid Education Program (Virginia)
http://www.vpep.state.va.us
Massachusetts College Saving Program, The U. Plan (Massachusetts)
http://www.mefa.org
Washington Guaranteed Education Tuition (GET) (Washington)
http://www.get.wa.gov
Michigan Education Trust (MET) (Michigan)
For information call 1-800-MET-4KID or write to Michigan Education Trust,
PO Box 30198, Lansing, MI 48909.
West Virginia Prepaid College Plan
http://www.wvtreasury.com/prepaid.htm
Mississippi Prepaid Affordable College Tuition Program (MPACT)
(Mississippi)
http://www.treasury.state.ms.us/mpact.htm
Missouri Saving for Tuition (MOST)(Missouri)
http://www.missourimost.org
Wisconsin Education Investment Program (EdVest WI) (Wisconsin)
http://edvest.state.wi.us/static
Wyoming Advance Payment of Higher Education Costs (Wyoming)
For more information call 1-307-766-3214.