The Michigan Education Trust, the nation's first guaranteed tuition program, is reminding Michigan adults that they can enter to win one semester of free tuition for a student in their life. Michigan residents, 18 years of age and older, can enter to win a one semester MET Full Benefits contract through August 31, 2008. It's as easy as logging onto MET's web site at www.SETwithMET.com. MET will announce the winner of the random drawing during College Savings Month in September.

"This is a fun way for MET to remind families about the importance of saving for college," said State Treasurer Robert J. Kleine. "Higher education is key in helping children get prepared for the best-paying jobs of the future."

While signing up for the drawing on line, MET encourages parents, grandparents, and others to explore the SET with MET Web site to learn about the many benefits of MET's prepaid tuition contracts. MET is a safe, easy, and proven way for families to help students continue their education by ensuring that future tuition costs are covered at today's prices.

No purchase is necessary to win the MET contract and the winner will have 60 days from notification to name a student beneficiary. The student does not need to be related to the winner, but must:

• Be a Michigan resident;
• Be in 12th grade (during the 2007-08 academic year) or younger; and
• Not have four years of a MET contract already purchased.

Since its debut in 1988 as the nation's first prepaid tuition program, MET has sold more than 86,000 contracts and now has more than $1 billion in assets. Not only are MET contracts portable to Michigan private and out-of-state colleges and universities, they may be transferred to 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.

Registrants can visit www.SETwithMET.com or call 1-800-MET-4-KID (800-638-4543) for contest rules and more information about MET contracts.