Texas Prepaid College Tuition Plan: Enrollment Deadline Approaches
(AUSTIN) — Texas families can lock in today’s cost of undergraduate resident tuition and schoolwide required fees at Texas public colleges and universities by enrolling their children in the tax-advantaged Texas Tuition Promise Fund® before the close of the general enrollment period on Feb. 28.*
“I encourage Texas families to start planning now with the Texas Tuition Promise Fund,” Texas Comptroller Glenn Hegar said. “It offers flexible plan and payment options that give Texas families the tools they need to plan and provide opportunities for their loved one’s future education. Every little bit counts, and starting now can make a difference.”
The Texas Tuition Promise Fund, the state’s prepaid college tuition plan, allows participants to prepay undergraduate resident tuition and schoolwide required fees at Texas public colleges and universities by purchasing tuition units toward a four-year degree, two-year degree or just a few classes. For additional flexibility and portability, the Transfer Value** of tuition units can be used at Texas medical and dental schools, Texas private colleges and universities, out-of-state colleges and universities, career schools and registered apprenticeship programs.
While the general enrollment period ends Feb. 28, the enrollment period at 2024-25 prices is extended through July 31 for children younger than 1 year of age. The next general enrollment period begins on Sept. 1, with new contract prices based on undergraduate Texas public college tuition and schoolwide required fee costs for the 2025-26 academic year.
Complete plan information — including residency and other requirements, current prices, enrollment forms and more — is available online at TuitionPromise.org, or by calling 800-445-GRAD (4723), option 5.
The program’s outreach team also offers free webinars that provide an overview of the plan and discuss the different tuition unit types and payment options, as well as information about matching scholarship opportunities through the Texas Match the Promise Foundation℠.***
* Residency restrictions apply.
** Transfer Value is limited to the lesser of (1) the costs the tuition unit would cover at a Texas 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.
*** Residency restrictions, age requirements, eligibility criteria, household income restrictions and contribution requirements apply. Match the Promise Foundation scholarships can only be used at Texas public colleges and universities, and Transfer Value cannot be utilized.
The Texas Tuition Promise Fund® (“Plan”) is administered by the Texas Prepaid Higher Education Tuition Board (“Board”). Orion Advisor Solutions, Inc. is the manager of the Plan, which is maintained by Catalis Regulatory and Compliance, LLC, who is not affiliated with Orion. The Plan and the Board do not provide legal, financial, or tax advice and you should consult a legal, financial, or tax advisor before participating.
Non-residents of Texas should consider whether their home state, or the beneficiary’s home state, offers its residents any 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 plan.
Participation in the Plan does not guarantee admission to or graduation from any college or university. Only the purchaser may direct redemptions, withdrawals, changes in beneficiary, or other contract changes.
You may lose money by participating in the Plan. No part of a contract is a deposit or obligation of, or is guaranteed or insured by, the Board, the state of Texas, or any agency or agent thereof. The contracts have not been registered with or approved by the SEC or any state. Purchasers should carefully consider the risks, fees, charges, and expenses associated with contracts, including Plan termination and reduced Transfer or Refund Value. Transfer Value applies to redemptions at Texas private colleges and universities, out-of-state colleges and universities, medical and dental schools, career schools, and registered apprenticeship programs and is the lesser of: (1) the costs the units would cover at a Texas public college or university; or (2) the original purchase price of the units plus or minus the Plan’s net investment earnings or losses on that amount. Texas Match the Promise Foundation℠ scholarships can only be used at Texas public colleges and universities, and any Transfer Value of a Match the Promise Foundation scholarship account cannot be utilized. The Plan Description and Master Agreement contain this and other information about the Plan and may be obtained by visiting TexasTuitionPromiseFund.com or calling 800-445-GRAD (4723), option 5. Purchasers should read the Plan Description and Master Agreement, and all other Plan documents carefully before purchasing a contract.
© 2025 Texas Prepaid Higher Education Tuition Board. “Texas Tuition Promise Fund” is a registered mark of the Texas Prepaid Higher Education Tuition Board. All rights reserved.
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