comptroller seal Texas Comptroller of Public Accounts

FOR IMMEDIATE RELEASE

February 12, 2016

Texas Prepaid Tuition Program Enrollment Deadline Approaches

(AUSTIN) — Texas families seeking to lock in the cost of undergraduate tuition and required fees at Texas public colleges and universities are urged to enroll their children in the Texas Tuition Promise Fund® prior to the close of the current enrollment period, which ends on Feb. 29.

The Texas Tuition Promise Fund, the state's prepaid college tuition program, allows participants to purchase tuition units based on current prices and avoid future increases in the cost of undergraduate tuition and school-wide required fees at Texas public colleges and universities.

"Families concerned about the rising costs of higher education can lock in today's rates at Texas public colleges and universities by prepaying tuition and school-wide required fees through the Promise Fund," Hegar said. "The plan has a range of payment options that gives Texas parents and grandparents the flexibility they need to plan ahead and provide future opportunities for their children and grandchildren."

Under the plan, families can prepay tuition and school-wide required fees for a four-year degree, two years of community college or just a few semesters at Texas public colleges and universities by purchasing tuition units.

Enrollment in the program at 2015-16 prices will close Feb. 29. This deadline extends to July 31 for children younger than 1. The next annual enrollment period begins Sept. 1, with new contract prices based on Texas public college costs for the 2016-17 academic year.

Complete plan information, current prices, enrollment forms and more are available online at TuitionPromise.org, or call 1-800-445-GRAD (4723), Option 5.

—30—