South Carolina Tuition Prepayment Program is no longer available
Click here to see other South Carolina 529 plans.
The South Carolina Tuition Prepayment Program has been closed to new enrollments until further action by the South Carolina General Assembly. The program offered two-year or four-year tuition packages to South Carolina families. South Carolina residents have alternatives with the Future Scholar 529 direct-sold and advisor-sold plans.
- Program typePrepaid contract
- Enrollment periodThe most recent enrollment period ran from March 1 through May 31, 2006. It has been closed to new enrollment and will not reopen until the S.C. General Assembly authorizes the program to accept new participants.
- Inception1998
- State agencyOffice of the State Treasurer
- Tax deduction
Investment Options
Investors in South Carolina Tuition Prepayment Program can select from the following investment options. Click on a portfolio name for more information.
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.