Promise Fund allows tuition lock-in

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Texas families can lock in today’s cost of undergraduate resident tuition and required fees at Texas public colleges and universities by enrolling their children in the tax-advantaged Texas Tuition Promise Fund before Feb. 29.
“I’m encouraging Texas families and individuals to remember the upcoming deadline to prepay and lock in today’s rates for all or some future tuition at two-year and four-year Texas public colleges and universities,” Texas Comptroller Glenn Hegar said in a press release. 
The Texas Tuition Promise Fund, the state’s prepaid college tuition program, allows participants to prepay undergraduate resident tuition and required fees by purchasing tuition units for a four-year degree, two years of community college or just a few semesters at Texas public colleges and universities. For additional flexibility and portability, the plan also is accepted at Texas medical and dental institutions that offer undergraduate degrees. 
To enroll children younger than 1 in the program at 2019-20 prices, the deadline extends to July 31. 
The next general enrollment period begins on Sept. 1, with new contract prices based on Texas public college costs for the 2020-21 academic year.
“Purchasers have an extra day to enroll this year because it’s a leap year,” Hegar said. 
Residency and other requirements, current prices and enrollment forms are available online at TuitionPromise.org, or by calling (800)445-4723.