The Texas Tuition Promise Fund, the state’s prepaid college tuition plan, turns 15 this month. Texas Comptroller Glenn Hegar reminds families that enrollment in the plan began today and runs through Feb. 29, 2024.
The Texas Tuition Promise Fund offers parents and loved ones the chance to prepay for a child’s future tuition and required, schoolwide fees at Texas public colleges and universities at today’s prices, excluding medical and dental schools. To celebrate the plan’s birthday, the $25 application fee to enroll in the plan will be waived for September and October 2023. (Enrollment must be postmarked by Oct. 31, 2023.)
“Congratulations to the Texas Tuition Promise Fund on 15 years of helping families save for college,” Hegar said. “I am proud to have helped so many Texas families plan for a child’s future education. A college education can be one of the most important investments a family makes, but it can also be one of the most expensive. For 15 years, this program has given families an additional tool to manage that expense and save in a way that works for them.”
