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Prepaid Affordable College Tuition (PACT) Program

Prepaid Affordable College Tuition (PACT) Program is no longer available

Click here to see other Alabama 529 plans.

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.

Prepaid Planx
  • Program type
    Prepaid contract
  • Enrollment period
    Normal enrollment period is September through December. Closed to new enrollments as of 2009.
  • Inception
    1990
  • State agency
    Board of Trustees of the Trust Fund, chaired by the State Treasurer
  • Tax deduction

Investment Options

Investors in Prepaid Affordable College Tuition (PACT) Program can select from the following investment options. Click on a portfolio name for more information.

Age Based Investment Optionsaccordion open icon

Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.

No investment options found within this category.
Static Investment Optionsaccordion close icon
Individual Investment Optionsaccordion close icon
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