How do I authorize my tuition Promise Fund in Texas?
Complete the online form found in the Benefits Information section of your online Account Access, or. Print, complete and submit the Texas Tuition Promise Fund Benefits Payment Authorization form that can be found under the Forms & Materials section.
Can Texas Tomorrow Fund be used out of state?
The Texas Guaranteed Tuition Plan can pay directly to all accredited in-state and out-of-state public and private junior/community and senior colleges and universities that participate in the U.S. Department of Education federal financial aid programs.
What is Texas Tomorrow Fund now called?
the Texas Guaranteed Tuition Plan
Is the Texas tuition Promise Fund a 529 plan?
Drawbacks of the Texas Tuition Promise Fund:
Not as much flexibility as a 529 Savings Plan (e.g. cannot be used for room & board or student loans) If your student doesn't go to a Texas public college, you're not getting as good of a value.
How much is the Texas Guaranteed Tuition Plan?
The 2020-2021 Academic Year tuition and schoolwide required fee hourly reimbursement rates effective Fall 2020 - Summer 2021 are: $117.10 for junior college contract hours. $348.58 for senior college contract hours. $951.61 for private college contract hours.
What replaced the Texas Tomorrow Fund?
Texas Tuition Promise Fund™
How do I use my Texas tuition Promise Fund?
The Purchaser can transfer the Transfer Value (Transfer Outside of Plan) of your Tuition Units to a qualified 529 college savings plan, such as the Texas College Savings Plan®, and the proceeds can be used to pay for tuition in connection with enrollment or attendance at an elementary or secondary public, private or ...
Does Texas Tomorrow Fund expire?
The contracts made through the program, now called the Texas Guaranteed Tuition Plan, won't be fulfilled until near 2040.