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Texas College Savings Plan

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An Announcement from the Texas Sunset Commission

BIG DREAMS TAKE SMART PLANNING. BEGIN SAVING NOW WITH THE TEXAS COLLEGE SAVINGS PLAN®.

You won’t find college tuition in the bargain bin at the end of the season. Saving early for higher education gives you the greatest chance to successfully fund your loved one’s educational goals. Each year that passes without saving for college means there may be less money when you need it.

There may never be a better time than now to enroll in the Texas College Savings Plan. Because, in just a few years, you’ll look back and say, “Where has the time gone?”

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What Will College Cost?

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Please note that this is only an estimate and does not include all possible expenses.1

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1The College Board, “Trends in College Pricing,” 2017. Based on the most recent 10-year trends in the report, estimated costs assume a 3.2% average annual increase for in-state public four-year institutions and a 2.4% average annual increase for private nonprofit four-year institutions. The estimated costs for both public and private institutions assume college matriculation at the age of 18. Please note that this is only an estimate and includes only tuition and fees, room and board, and books and supplies. It does not include transportation or other expenses.

Texas College Savings Plan

The Texas College Savings Plan is a tax-advantaged 529 college savings plan designed to help families and individuals nationwide save for qualified higher education expenses. All U.S. citizens and permanent resident aliens 18 years of age or older can open and contribute to a Texas College Savings Plan account.

Accounts can also be established by a corporation, partnership or trust; a state or local government, or tax-exempt organization described in Section 501(c)(3) of the Internal Revenue Code; or a custodian under a UGMA/ UTMA account.

The Texas Prepaid Higher Education Tuition Board administers the Plan, and NorthStar Financial Services Group, LLC is the Plan manager. For more information on the Plan, call us at 1.800.445.GRAD (4723), option #3.

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