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Texas Tuition Promise Fund

This unit-based prepaid plan provides Texas families with an opportunity to prepay future tuition and mandatory fees at Texas public institutions. By shifting the tuition risk to the state's public universities and colleges (under Texas law), the program is able to offer units at current tuition levels.

Fee Score

2 / 5

Performance

N/A
  • Program type
    Prepaid unit
  • Enrollment period
    September 1 thru February 28 (July 31 for newborns.) First payment is due on the following May 1.
  • Inception
    2008
  • State agency
    Texas Prepaid Higher Education Tuition Board; program manager is Orion Advisor Solutions, Inc.
  • Tax deduction

Investment Options

Investors in Texas Tuition Promise Fund 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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