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1.Source of data: College Board — "Trends in College Pricing," 2009. Assumes a 6% annual increase in costs and college matriculation age of 18. Please note that this is only an estimate and does not include personal expenses, transportation, and other expenses beyond tuition, mandatory fees and room and board. Find specific college costs now. NOTE: Clicking this link will take you to the website for collegeboard.com. NorthStar Financial Services Group, LLC (“NorthStar”) is not responsible for the content on that site.
As stated in the current Plan Description, total fees for the portfolios range from .60% -1.00%. Fees are subject to change.
This material is provided for general and educational purposes only, and is not intended to provide legal, tax nor investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws. Contact your attorney or other advisor regarding your specific legal, investment or tax situation.
The Texas College Savings Plan® is established and maintained by the Texas Prepaid Higher Education Tuition Board. NorthStar Financial Services Group, LLC (“NorthStar”) is the plan manager and the Plan is distributed by NorthStar affiliate Northern Lights Distributors, LLC and administered by NorthStar affiliate Gemini Fund Services, LLC. Non-residents of Texas should consider whether their home state, or the beneficiary’s home state, offers its residents any state tax or other state benefits, such as financial aid, scholarship funds, and protection from creditors that are only available for participants in that state’s 529 plan. Interests in the Plan are not deposits or other obligations of any depository institution.
No part of an account, the principal invested, nor any investment return is insured or guaranteed by the FDIC, the state of Texas, the Texas Prepaid Higher Education Tuition Board, any other state or federal governmental agency or NorthStar or its subsidiaries or affiliates. An account might not make money and could lose money (including the principal invested) if money is invested in the Plan. Interests in the Plan have not been registered with the U.S. Securities and Exchange Commission or with any state.
Before investing in the Plan, investors should carefully consider the investment objectives, risks, administrative fees, service and other charges and expenses associated with municipal fund securities. The Plan Description and Savings Trust Agreement contain this and other information about the Plan, and may be obtained by visiting www.texascollegesavings.com or calling 1.800.445.GRAD (4723), option #3. Investors should read these documents carefully before investing.
"Texas College Savings Plan" is a registered mark of the Texas Prepaid Higher Education Tuition Board. All rights reserved.
Comments or complaints may be forwarded to the following address or by calling the following number: Prepaid Higher Education Tuition Program, Office of the Comptroller of Public Accounts, P.O. Box 13407, Austin, Texas 78711-3407, 512.936.2064.