Member Spotlight
Avatar

itsjustpk Member since 2003

From: WI

Saving for: granddaughter, age 19


Featured Comment:

The extra 10% for dining and participating grocery items is usually posted a few weeks after...more

Current Poll

Preparing for college

Reply
marcards
New Member
marcards
Posts: 1
Registered: 10-30-2008
0

Keep a lookout for Pre-paid plans

10-18-2007 09:01 PM

I had the good luck in 1995, when my daughter was born, to enroll in the Texas Tomorrow Fund which was a pre-paid 128 hour plan for $9,000. They raised the price the next year to $11,500 and then suspended the program in 2001.

The college savings plans are quite effective but keep an eye out for the state funded pre-paids since the burden of making it profitable falls to them. I believe that as the costs climb, the states will be compelled to offer a pre-paid alternative so jump on it if at all possible.

I've also been a Upromise member since 2001 and have a college savings plan with a little over $6,000 for miscellaneous expenses.

Message 1 of 2 (986 Views)
 
Reply
angelataylor24
New Member
angelataylor24
Posts: 1
Registered: 12-10-2008
0

Re: Keep a lookout for Pre-paid plans

12-10-2008 10:57 AM

You are lucky for getting that opportunity.  I was finishing up high school in 1995. I want to know what you think about the Texas Guaranteed Tuition Plan.  The website is www.TexasTuitionPromiseFund.com.  This locks into the 2008-2009 tuition rates.  Is this program comprarable to the TX Tomorrow Fund that you locked into?  We hav a 529 for our 3 yr old but it is of little value in today's time, so I was looking into this TX Guaranteed Tuition Plan as well.  The enrollment period ends in Feb 2009.  I would appreciate any thoughts.
Message 2 of 2 (918 Views)
 
Reply

Upromise is not responsible for the accuracy, completeness or usefulness of any postings. Participation in the Upromise Community is subject to the terms and conditions of the Upromise Community Rules.

If you use unauthorized promotion codes or link directly to partner web sites from the Community to make purchases, you will forfeit Upromise contributions. Always start your online shopping at upromise.com/shop.

Important Note: Any links to partner websites used in the Upromise Community blogs are provided for your convenience only. Remember to always start your online shopping at www.upromise.com in order to earn your Upromise rewards.

Upromise Community blogs do not represent official Upromise communications. The views and opinions of authors expressed herein do not necessarily state or reflect those of Upromise and any references herein to any specific products or services, or otherwise, do not necessarily constitute or imply its endorsement or recommendations by Upromise and should be used in accordance with the Upromise Community Rules.

Any links to external websites are provided for informational purposes only; they do not constitute an endorsement or an approval by Upromise of any of the products, services or opinions of the corporation or organization or individual. Upromise bears no responsibility for the accuracy, legality or content of the blogs, external sites or subsequent links.

*The $100 more a year savings figure is based on Upromise internal reporting data for 2007 and 2008 comparing the average Upromise savings for members who joined Upromise prior to such year and used the Upromise credit card at least once during the year with the averagae Upromise savings for members who joined Upromise prior to such year and have not opened a Upromise credit card account.