Home
Refund Rule Information:
General FAQs
Forms
Student Handbook (PDF)
Manual Estudiantil (PDF)
2008 Annual Report (PDF)
My Account

Login to Your Account

Plan Details
Contact Us

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.

New Refund Rule, Effective Nov. 1, 2009

Account holders will receive a follow-up letter (PDF) mailing out Sept. 24-29 with account login information and options.

  1. Learn more about the new refund rule:
  2. Read about the options available to you and factors to consider before the new refund rule takes effect.
  3. Get answers to Refund Rule Frequently Asked Questions, updated daily.
  4. See the current estimated value of your contract in your online account.
  5. Contact us for additional assistance and to submit questions.

(See more helpful links in the Refund Rule Information box in the left column and the Easy Account Login box in the right column.)

NOTE — Deadline Extension: The deadline for purchasers to cancel their contracts under the existing refund policy has been extended to 5 pm CT on Monday, Nov. 30, 2009.

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




Easy Account Login

Learn about:
Account Login button

Popular FAQs

Need Help?
 

Contact Us  |  Privacy and Security Policy  |  Accessibility Policy  |  Window on State Government

Texas College Savings Plan

Susan Combs - Texas Comptroller of Public Accounts
Post Office Box 135289, Capitol Station, Austin, Texas 78711-3528