Lock in tuition for senior year of college, save tax-free
Is your child enrolling at a member college? Prepay and lock in today’s tuition rates — guaranteed to keep pace with annual tuition increases. Start now and your savings will feel like a scholarship in their final year.
How Private College 529 Plan works
- Guaranteed prepaid tuition
- Today's tuition rates
- Roll over your 529 tax-free
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Real Families, Real Results
"Once my daughter was accepted to Ithaca, I was able to use the plan as a hedge and pay for her tuition in the final year."
In Focus: The Funding Gap
Let’s say your child enrolls at a member college where tuition and mandatory fees currently total $50,000. After receiving the college’s financial aid award letter, you identify a $10,000 gap in the tuition bill. You open a Private College 529 account during your child’s senior year of high school and contribute $10,000.
Over the next three years, that initial contribution keeps pace with the college’s annual tuition increases, assumed to be 4% per year. By the time your child enters their final year of college, the value of your prepaid tuition has grown by $1,249.
THE WALL STREET JOURNAL
The Little-Known Way Parents Are Beating College Tuition Hikes
"If you have a kid going to a private member college this fall, it is a screaming deal,” said Ann Garcia, a certified financial planner in Portland, Ore., and author of “How to Pay for College.”
Prepay and lock in today's tuition rates at hundreds of colleges nationwide. Redeem at any participating school.