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Feb 18 2013

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Deadline Looms-Texas Prepaid Tuition Enrollment to End February 28

784495_81139933Texas families still have time to lock in costs at Texas public colleges and universities at today’s prices and avoid future increases in tuition and required fees. Comptroller Susan Combs reminds families they can do so by enrolling their children in the Texas Tuition Promise Fund®, the state’s prepaid college tuition program.

The current annual enrollment period ends on Feb. 28.

The Texas Tuition Promise Fund allows participants to lock in the cost of undergraduate tuition and required fees at Texas public colleges and universities based on current prices.

“Families can purchase a Promise Fund account and ease their concern about rising college costs,” Combs said. “The program also gives parents the flexibility of choosing how much prepaid tuition they want to buy and what payment options

to use as they plan ahead for their children’s education.”

Under the plan, families can prepay tuition and required fees for a four-year degree, two years of community college or just

a few semesters at Texas public colleges and universities by purchasing tuition units.

Enrollment in the program at 2012-13 prices will close Feb. 28. This deadline extends to July 31 for children younger than 1. The next annual enrollment period begins Sept. 1, with new contract prices based on Texas public college costs for the 2013-14 academic year. Complete plan information, current prices, enrollment forms and more are available online at www.texastuitionpromisefund.com, or call (800) 445-GRAD (4723), Option 5.

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