January 31st is the deadline for locking into today's prices for tomorrow's college tuition with a Michigan Education Trust prepaid tuition contract before a scheduled rate increase. MET open enrollment continues through August 31, 2008.
Anyone, including parents, grandparents or others, can purchase a MET contract for a child. Purchasers receive a state income tax deduction for the total contract price, including enrollment fees. MET contracts can be purchased by semester, up to eight semesters (four years) of education. Several convenient payment options are available for MET contracts, including monthly payroll deduction. MET online enrollment information is available at www.SETwithMET.com.
Since its debut in 1988 as the nation's first guaranteed tuition program, MET has sold more than 84,000 contracts and now has assets of more than $1 billion. Not only are MET contracts portable to Michigan private and out-of-state colleges and universities, they may be transferred to other eligible family members. Since 1988, well over 90 percent of high school graduates with MET contracts have gone on to attend a college or university. For more information visit or call 1-800-MET-4-KID (800-638-4543). Get SET With MET!
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