Michigan Education Trust to Award $6,000 Worth of Tuition During College Savings Month
Two
On
"In celebration of our 30th anniversary as the nation's first prepaid tuition program, we've been awarding
The sweepstakes is open to
Gov.
"With college tuition rates going higher every fall, families are urged to begin saving for their child's higher education as soon as possible," Lott said. "I always tell parents to put aside however much they can afford because even small contributions add up over time."
Although an overwhelming majority of
With MET, families can buy future tuition at today's prices. MET's Pay-As-You-Go option allows purchasers to buy prepaid tuition in credit hour increments rather than on a semester basis, which requires a greater upfront investment. Pay-As-You-Go contract holders can purchase additional prepaid tuition with contributions of as little as
MET also sells tuition in semester increments through lump sum and monthly purchase plans.
MET is one of three 529 college savings plans administered by the
All three 529 plans also offer
Lott is reminding potential contract purchasers that the current MET enrollment period ends on
More information about MET is available at SETwithMET.com or 800-MET-4-KID.
About MET
Administered by the
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