The Texas Tuition Promise Fund

The Texas Tuition Promise Fund is a Section 529 prepaid tuition plan. It allows you to lock in the cost of undergraduate college tuition and required fees, protecting you against future tuition inflation. Over the past decade public college costs have risen at an average rate of 6.9% per year and four-year private college costs have risen at an average rate of 5.8% per year, according to the College Board's "Trends in College Pricing 2008". Protect yourself from rising tuition costs with this prepaid tuition plan.

With the Texas Tuition Promise Fund, you buy tuition units, that represent a fixed amount of resident tuition and required fees. When your child is ready for college, the type of tuition units you choose cover all or a portion of the tuition and required fees at all four- or two- year public colleges and universities in Texas. You can also use the tuition units to help pay for tuition at all private colleges in Texas and out-of-state institutions.1

At the time of enrollment, the child (also referred to as the beneficiary) must be a Texas resident or his/her parent must be both the purchaser and a Texas resident.

Getting Started
Starting a college tuition plan takes three steps:

Pick a tuition unit type—Three options to fit your needs
Choose how to pay—Pay-As-You-Go, Lump Sum Plan, Installment Plan
Decide how many tuition units you want to buy.
You can open a Texas Tuition Promise Fund account (by signing an application and entering into a Contract) any time between September 1 and February 28, and it only takes approximately 15 minutes when you enroll online.

To Find Out More, visit https://www.texastuitionpromisefund.com