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529 News

College Illinois! 529 Prepaid Tuition Program is closed to new investors

(December 6, 2017) - Enrollment in College Illinois!, the state's prepaid 529 plan, is currently closed as a result of low participation and unfunded liability. The Illinois Student Assistance Commission is hoping to determine a course of action next year to improve the program. Current plan owners will see no change in benefits, plan administration or customer service. This has no effect on the Bright Start and Bright Directions 529 college savings plans.

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