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News Release from Comptroller Susan Combs

For Immediate Release
July 28, 2009

Newborn Enrollment Ends Friday for Texas Tuition Promise Fund

(AUSTIN) — Parents who want to get an early start on college savings for their newborns (children under the age of one year) have until Friday to enroll in the state’s prepaid college tuition program and avoid higher costs in September, Texas Comptroller Susan Combs said today.

“The first enrollment period for the Texas Tuition Promise Fund ended Feb. 28, but enrollment for newborns is open until July 31,” Combs said.  “Instead of waiting until the next enrollment period opens in September, parents can enroll their newborn immediately, at 2008-09 contract prices.”

New sale prices based on 2009-10 academic year costs for Texas public colleges and universities will be in effect when the next enrollment period begins Sept. 1.

The Texas Tuition Promise Fund allows families to purchase tuition “units,” with three levels of pricing to prepay undergraduate resident tuition and required fees at schools ranging from public community colleges to four-year state universities. Full details are available at www.TexasTuitionPromiseFund.com.

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