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For Immediate Release

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February 24, 2012

Texas Prepaid Tuition Program Enrollment Deadline Approaches

(AUSTIN) — Texas families still have time to lock in costs at Texas public colleges and universities at today’s prices and avoid future increases in tuition and required fees. Comptroller Susan Combs reminds families they can do so by enrolling their children in the Texas Tuition Promise Fund®, the state’s prepaid college tuition program. The current annual enrollment period ends Feb. 29.

The Texas Tuition Promise Fund allows participants to lock in the cost of undergraduate tuition and required fees at Texas public colleges and universities based on current prices.

“Families can invest in the Promise Fund and ease their concern about rising college costs,” Combs said. “The program also gives parents the flexibility of choosing how much prepaid tuition they want to buy and different payment options as they plan ahead for their children’s education.”

Under the plan, families can prepay tuition and 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 2011-12 prices will close Feb. 29 except for parents of newborns and children under one year old, who have until July 31 to enroll at this year’s prices. The next annual enrollment period will begin September 1, with new contract prices based on Texas public college costs for the 2012-13 academic year.

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

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