Texas Comptroller of Public Accounts

Texas Comptroller of Public Accounts, Glenn Hegar

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News Release from Comptroller Susan Combs

For Immediate Release
July 8, 2011

Community Meeting Explains State’s Prepaid College Tuition Program

(AUSTIN) — For parents who are concerned about squeezing college savings into a tight family budget, the Texas Tuition Promise Fund may be the answer. The state’s prepaid college tuition program helps parents avoid future college cost increases by prepaying all or part of their children’s undergraduate tuition and required fees at Texas public colleges or universities, at today’s prices.

“The Texas Tuition Promise Fund helps families achieve their education goal – whether it is a four-year college degree or a community college training program to gain the technical skills that good, well-paying careers require,” said Texas Comptroller Susan Combs.

Representatives of the Texas Tuition Promise Fund will explain the program at the San Marcos Public Library on Wednesday, July 20, from 6 to 7 p.m. The library is located at 625 East Hopkins St.

A new Texas Tuition Promise Fund enrollment period opens Sept. 1, with new prices based on colleges’ tuition and required fees for the 2011-12 school year. Enrollment at 2010-11 prices is currently available through July 31 for newborns less than one year old. Parents of newborns may enroll in the Texas Tuition Promise Fund at the San Marcos meeting.

Families enrolled in the Texas Tuition Promise Fund purchase prepaid “units” that can later be used toward tuition and required fees at schools ranging from Texas public community colleges to four-year in-state universities. The program offers a variety of flexible, affordable payment plans to fit almost any family budget.

Detailed information about the program can be found at www.TuitionPromise.org, or call 1-800-445-GRAD, option 5.


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