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(AUSTIN) — The deadline is July 31 for Texas families to enroll their newborns in the Texas Tuition Promise Fund® and prepay for all or some future tuition and school-wide required fees at Texas public colleges and universities. Newborns are children younger than one year at the time of enrollment.
Under the Texas Tuition Promise Fund, the state’s prepaid college tuition program, participants can purchase tuition units and lock in costs based on today’s prices.
“For Texas families concerned about rising tuition costs, now is a good time to start planning early and consider enrolling your newborn in this program,” Texas Comptroller Glenn Hegar said.
Enrollment at 2015-16 prices closed Feb. 29 for children older than one. The next annual enrollment period begins on Sept. 1 and is based on Texas public college and university tuition and school-wide required fees for the 2016-17 school year.
Complete plan information, including plan description and agreement, current prices, enrollment forms and more is available online at TuitionPromise.org, or by calling 1-800-445-GRAD (4723), Option 5.
Purchasers should carefully consider the risks, administrative fees, service and other charges and expenses associated with the contracts, including plan termination and decreased transfer or refund value. Purchasers should read these documents carefully before purchasing a contract. Participation in the plan does not guarantee admission to any college or university.