Prepaid Tuition Plans

This table lists all prepaid tuition plans. 11 of the prepaid tuition plans are closed, while 13 prepaid tuition plans, including the Private College 529 Plan, remain open to new investment. Read on for more information regarding the right option for you.

State	Prepaid Tuition Plan	Status	Guarantee
Private Colleges	Private College 529 Plan (Previously Independent 529 Plan)	Open	Guaranteed by participating private colleges
Alabama	Alabama Prepaid Affordable College Tuition (PACT)	Closed 12/31/2008	No
Alaska	Alaska Advance College Tuition (ACT) replaced with the ACT Portfolio in the University of Alaska College Savings Plan	Open	No
Colorado	Colorado CollegeInvest Prepaid Tuition Fund	Closed 11/15/2013	No
Florida	Florida Prepaid College Plan	Open	Full faith and credit of the state
Illinois	College Illinois! Prepaid Tuition Program	Open	Legislative guarantee
Kentucky	Kentucky’s Affordable Prepaid Tuition (KAPT)	Closed 2004	Funded by state unclaimed property
Maryland	Maryland Prepaid College Trust	Open	Legislative guarantee
Massachusetts	Massachusetts: The U.Plan Prepaid Tuition Program	Open	Full faith and credit of the state
Michigan	Michigan Education Trust (MET)	Open	No
Mississippi	Mississippi Prepaid Affordable College Tuition Program (MPACT)	Open	Full faith and credit of the state
Nevada	Nevada Prepaid Tuition Program	Open	No
New Mexico	The Education Plan Prepaid Tuition Program	Closed 12/31/2002	No
Ohio	Ohio CollegeAdvantage Guaranteed Plan (Previously Prepaid Tuition Plan)	Closed 12/31/2003	Full faith and credit of the state
Pennsylvania	Pennsylvania 529 Guaranteed Savings Plan	Open	No
South Carolina	South Carolina Tuition Prepayment Program (SCTPP)	Closed 6/1/2006	Legislative guarantee
Tennessee	Tennessee Baccalaureate Education System Trust (BEST) Prepaid Plan	Closed 11/22/2010 Terminated 11/30/2015	No
Texas	Texas Tuition Promise Fund	Open	Guaranteed by state’s public colleges
Texas	Texas Guaranteed Tuition Plan (Previously Texas Tomorrow Fund)	Closed Fall 2003	Full faith and credit of the state
Virginia	Virginia529 Prepaid Education Program (VPEP)	Open	State budget guarantee
Washington	Washington Guaranteed Education Tuition (GET)	Open	Full faith and credit of the state
West Virginia	West Virginia SMART529 College Prepaid Tuition Program	Closed 3/8/2003 Terminated 6/30/2022	Escrow account funded by state unclaimed property
Wisconsin		Closed 12/20/2002	No
Wyoming		Closed 1995	No

A legislative guarantee requires the state legislature to consider passing legislation to address actuarial shortfalls, but does not require the state legislature to actually pass the legislation.