Prepaid Affordable College Tuition (PACT) Program is not longer available

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General Information

Prepaid Affordable College Tuition (PACT) Program logo

Prepaid Affordable College Tuition (PACT) Program

Alabama's Prepaid Affordable College Tuition (PACT) Program has been closed to new enrollment since 2008. The program has offered a four-year package and one-year package covering tuition and fees at any Alabama public college or university, convertible to private and non-Alabama institutions based on a formula. Alabama also offers the CollegeCounts direct-sold and advisor-sold 529 savings plans.

Our Ratingx

Fee Scorex




  • Program typePrepaid contract
  • Enrollment periodNormal enrollment period is September through December. Closed to new enrollments as of 2009.
  • Inception1990
  • State agency
    Board of Trustees of the Trust Fund, chaired by the State Treasurer
  • Tax deduction

Ratings & Rankings

Our overall rating for AL residents

This program is not open to you either because it has residency requirements or because it has stopped accepting new enrollments.

Our overall rating for non-residents

This program is not open to you either because it has residency requirements or because it has stopped accepting new enrollments.'s 5-Cap Ratings provides an evaluation and comparison of 529 plans, utilizing a formula that examines dozens of factors grouped into the following categories.


State residency requirements:

Who can be a participant/owner in the program?

Significant time or age restrictions imposed by the program:


Minimum contributions:

Contractual Features

Contract prices:

Available tuition packages:

Benefits for beneficiary attending private or out-of-state institution:

Contract payment options:

Are program benefits backed by the full faith and credit of the state?

Are program benefits collateralized or guaranteed in any other way?

Fees & Expenses

Enrollment or application fee:

Taxes and other Benefits

  • Tax deduction for single filers$5,000/yr
  • Tax deduction for joint filers$10,000/yr


Married filing jointly residents contributing $100/month can expect an additional $0 a year in tax savings.

Program match on contributions:

State tax deduction or credit for contributions:

State tax recapture provisions:

State tax treatment of qualified distributions:

State tax treatment of rollovers:

Does the sponsoring state exclude the value of an account for state financial aid purposes?

Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?

Is there a rewards program or outside scholarship program that works with this program?

Statutory protection of an account from creditors:

Distributions & Terminations

To whom are distributions made payable:

Account Changes

Policy regarding participant/owner changes: