Do you have a plan to save for a college education for your child? Many parents do. Others, however, are not sure how to even begin the process and would probably be grateful for a little help.
The Texas Tuition Promise Fund may be a solution for some.
TTPF is the state’s prepaid college tuition plan. It allows parents, grandparents, aunts, uncles and even friends to open an account for a child and begin paying for college tuition and school-wide required fees now based on today’s prices. The plan lets you purchase “tuition units” that your child can trade for semester credit hours at Texas public colleges and universities. Then, once an account is established, any family member or friend may contribute.
For this year, those who are interested must enroll in the plan by February 28th (enrollment will then be re-opened in September).
The easiest way to open an account is to enroll online at www.TuitionPromise.org. You may also call (800) 445-GRAD (4723).
The Texas Match the Promise Foundation awards scholarships to fifth-through ninth-graders who are enrolled in the Texas Tuition Promise Fund. The foundation encourages families to save for college by supplementing their contributions to the plan. More details may be found at www.MatchthePromise.org.
More information will be available Wednesday, January 24th between 12:30 and 2:00 PM at the Coastal Compass Education & Career Resource Center at La Palmera Mall (5488 SPID, Suite 1082).
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