Texas Guaranteed Tuition Plan —
constitutionally guaranteed to pay for your beneficiary's tuition and required fees.
The state will honor all Texas Tomorrow Fund or Texas Guaranteed Tuition Plan contracts to pay for a beneficiary's college tuition and required fees.
Online account access for TGTP students:
Students now have the ability to view their Distribution History and Benefit Balance as well as print Enrollment Verification Forms. Access your account.
Important Information Regarding the Value of Your TGTP Contract for Financial Aid Purposes
The Plan cannot determine and makes no representation as to what effect, if any, a Contract may have on future state, federal, institutional, or private financial aid eligibility of any Beneficiary. The receipt of, or potential for receipt of, distributions or refunds under a Contract may affect a Beneficiary's qualification for or receipt of such financial aid. The Purchaser should contact the financial aid office at the Beneficiary's eligible educational institution for information on financial aid award procedures.
2009-2010 Academic Year average tuition and required fee rates (Effective Fall 2009)
- $76.43 for junior college plan hours
- $230.06 for senior college plan hours
- $596.51 for private college plan hours
2008-2009 Academic Year average tuition and required fee rates
- $76.43 for junior college plan hours
- $216.97 for senior college plan hours
- $565.07 for private college plan hours
529 Plan Tax Exemption Becomes Permanent
The exemption from federal income tax for withdrawals from Internal Revenue Code Section 529 plans that are used for qualified tuition expenses was scheduled to expire on December 31, 2010. The Pension Protection Act (H. R. 4), which was recently passed by Congress and signed by President Bush on August 17, 2006, made the exemption permanent. This exemption applies to all Qualified Tuition Plans, such as the Texas Guaranteed Tuition Plan (TGTP).
This is not a financial investment vehicle. The public purpose of the Plan as defined in statute is to assist young Texans in obtaining a higher education.
TGTP cannot provide investment or tax advice, and the foregoing information should not be construed as legal, financial, or tax advice with respect to the consequences for any particular individual as a result of the purchase of or distribution from a TGTP prepaid tuition contract. This information is not a substitute for discussing your particular situation with a tax professional or the IRS.
View Information about Texas Guaranteed Tuition Plan Distributions and IRS FORM 1099-Q
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