It’s Never Too Early to Plan for College!

September is National College Savings Month, and now is the perfect time to enroll a child in the Texas Tuition Promise Fund® (TTPF) — the state’s tax-advantaged prepaid college tuition plan. Open enrollment for TTPF began Sept. 1.

This flexible savings plan lets you lock in today’s prices for tomorrow’s undergraduate resident tuition and schoolwide required fees at Texas public colleges and universities.* Transfer value can also be paid toward tuition and schoolwide required fees at medical and dental institutions, private and out-of-state colleges and universities, career schools and registered apprenticeship programs, where tuition is not locked in.

The TTPF program offers webinar presentations that provide an overview of the plan and information on the different types of tuition units, tuition redemption values and payment options. In addition, the webinars present information about Texas Match the Promise Foundation℠ scholarship opportunities.**

Register for our upcoming webinar presentation on Sept. 15 at noon CT. If you have any questions about the webinar, please contact us at TuitionPromise@cpa.texas.gov.

You may also go to TuitionPromise.org to learn about the plan and how to give the gift of prepaid college tuition units to someone you love. Our customer service team is available Monday through Friday, 8 a.m.- 6 p.m. CT, excluding holidays, at 800-445-GRAD (4723), Option 5.

This year’s enrollment period is open through Feb. 28, 2022. Accounts for newborns (children younger than 1 year of age at the time of enrollment) can be established through July 31, 2022.

* Residency restrictions apply.

** Residency restrictions, age requirements, eligibility criteria, household income restrictions and contribution requirements apply.

Participation in the Texas Tuition Promise Fund does not guarantee admission to or graduation from any college or university. Only the named purchaser may direct redemptions, withdrawals, changes in the designated beneficiary or other contract changes.

Non-residents of Texas should consider whether their home state, or the beneficiary’s home state, offers its residents any state tax or other state benefits, such as financial aid, scholarship funds, and protection from creditors that are only available for participants in that state’s 529 plan.

A contract, including the amount contributed, and any amount applied as a benefit or paid as a refund, is not guaranteed, insured or treated as a deposit or other obligation by the state of Texas, the FDIC, the Texas Prepaid Higher Education Tuition Board, any other state or federal governmental agency or Orion Advisor Solutions, Inc. or its affiliates. The contracts have not been registered with or approved by the U.S. Securities and Exchange Commission or with any state.

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. Transfer Value applies to Tuition Unit redemption at medical and dental institutions, private and out-of-state colleges and universities, career schools and registered apprenticeship programs. Match the Promise Foundation scholarships can only be used at Texas public colleges and universities, and Transfer Value cannot be utilized. Transfer Value is limited to the lesser of (1) the costs the Tuition Unit would cover at a public college or university or (2) the original purchase price of the Tuition Unit plus or minus the Plan’s net investment earnings or losses on that amount. Orion Advisor Solutions, Inc., serves as plan manager of the Plan. The Plan Description and Master Agreement contains this and other information about the Plan and may be obtained on the website or by calling the number provided above. Purchasers should read these documents carefully before purchasing a contract.