Annual Enrollment Ends May 31 for Washington’s Prepaid College Savings Plan – The Suburban Times
Submitted by the Washington Student Achievement Council.
Washington families still have time to start saving for future education costs with Guaranteed Education Tuition (GET), the state’s 529 prepaid tuition program. The 2021-2022 annual registration period ends on May 31, 2022.
For the first time ever, the purchase price of a GET unit exactly matches the payout value, meaning DC savers have a historic opportunity to buy tomorrow’s tuition at today’s price. today. Once a GET account is opened, the last day to add units to an existing account at the current price of $114.01 is June 25, 2022.
Washington State guarantees that a family’s GET savings will keep pace with state-imposed tuition and fees. While GET account values keep pace with state tuition, recipients have the freedom to follow their ambitions wherever they see fit, as GET can be used at almost any public or private university, community college or technical schools in the country. GET units can even be used to pay for learning-related fees and for student loan repayments.
“Whether your student’s future plans include college, trade school, or some other form of career-readiness training, GET is a great way to make those dreams come true,” said Luke Minor, Principal. of Washington College Savings Plans.
The Guaranteed Education Tuition (GET) program opened in 1998, and since then thousands of Washington families have saved billions of dollars for their students’ future college expenses. To date, GET has distributed over $1.3 billion to more than 60,000 students who have used their GET accounts for higher education in all 50 US states and at least 15 countries around the world.
The GET program is one of two college savings options offered by Washington College Savings Plans (WA529). the DreamAhead College Investment Plan was launched in 2018 to create additional choice and flexibility for families when planning tuition. WA529 website (waste529.wa.gov) offers details, charts, planning tools, and answers to questions families may have about either program. Accounts can be opened online and the GET Contact Center is ready to assist you at (800) 955-2318 or [email protected]