NEXT
Compare 529 Plans by Features
Plan
Are program benefits collateralized or guaranteed in any other way?
Yes, Investments in Stable Value Plus are protected with a guarantee to the program by the Travelers Insurance Company.
College Illinois! funds are backed by the moral obligation of the state, which requires the Governor to request state funding from the General Assembly in any year the program lacks sufficient funds to pay its contractual obligations.
Yes, the legislature is required to consider, but not necessarily approve, an appropriation to cover any shortfall, repayable within two years.
Yes, Tuition Certificates are guaranteed by all member institutions for tuition and mandatory fees, as described above.
Under Texas law the public colleges in Texas must accept less than full tuition and fees if the fund's investment return fails to keep pace with tuition and fee increases.
West Virginia
Yes, a prepaid tuition escrow account exists to guarantee payment of prepaid tuition contracts; up to $1,000,000 annually is transferred to the escrow account from the state's unclaimed property fund if an unfunded liability exists in the program's trust fund.