Texas Tuition Promise Fund, the state's prepaid college tuition plan
Note: The following article was provided to News About Your Benefits by the office of the Texas Comptroller of Public Accounts.
The Texas Tuition Promise Fund® (TTPF) is a tax-advantaged 529 plan that allows families to lock in today’s prices for tomorrow’s undergraduate resident tuition and school-wide required fees at Texas public colleges and universities, excluding medical and dental schools.
Enrollment deadline: Feb. 28
General enrollment in the TTPF began Sept. 1, 2021 and runs through Feb. 28, 2022. Newborn enrollment for children younger than 1 year of age extends through July 31. There is a one-time nonrefundable $25 application fee.
Visit the online Tuition Planning Calculator to explore the plan’s flexibility.
TTPF’s upcoming webinars will provide an overview of the plan and information on different tuition unit types, redemption values and flexible payment options.
The Texas Tuition Promise Fund (TTPF) is administered by the Texas Prepaid Higher Education Tuition Board, with assistance from the Texas Comptroller of Public Accounts. The TTPF plan and the board do not provide legal, financial, or tax advice. TTPF participants should read all plan documents carefully and consult the appropriate advisor prior to purchasing a contract.
Participation in the TTPF does not guarantee admission to or graduation from any college or university. Non-residents of Texas should consider whether their home state, or the beneficiary’s home state, offers residents any tax or other state benefits, such as financial aid, scholarship funds and protection from creditors, that are only available for participants in that state’s plan. Purchasers should carefully consider the risks, fees, charges and expenses associated with contracts, including plan termination and reduced transfer or refund value.