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Plan

Current value of one unit

Determined by the "Tuition Inflation Rate" for the "Tuition Level" selected by the participant; may be reduced with a non-qualified withdrawal to the "net earnings rate" of the program fund's investments but not below the participant's contributions less fees.

Same as current unit price if used for in-state public institution; the lesser of in-state value or contributions-plus-earnings if used for private or out-of-state institution.

The GET Program has historically provided that each unit acquired in the program is valued at 1% of the resident undergraduate tuition at the highest-priced Washington state public university. The payout value is adjusted annually. GET units may be redeemed at eligible educational institutions worldwide. The payout value is $120.16 as of August 1, 2023.