Texas families have through July 31 to enroll their newborns at 2022-23 prices in the Texas Tuition Promise Fund®, the state’s prepaid college tuition plan. Newborns are children younger than 1 year of age at the time of enrollment.* “I know what it’s like to be the parent of newborns, and paying for college was not always at the top of my mind,” Texas Comptroller Glenn Hegar said. “That’s why we’re reminding new parents to take […]
Texas Prepaid Higher Education Tuition Board
Texas Comptroller’s Office Announces Reduction in Some Fees, Changes to the Advisor-Sold LoneStar 529 Plan
Comptroller Glenn Hegar announced today that the state’s tax-advantaged, advisor-sold college savings plan, the LoneStar 529 Plan®, implemented the following enhancements – including a reduction in some fees – that were effective March 7: Reduction in the front-end sales charge for Class A shares from 5.75% to 2.75%; Reduction in total plan level fees, including the program management fee, the state administrative fee, and the estimated underlying investment expenses; A change from Age-Based Portfolios to […]
Texas Comptroller’s Office Announces Changes to the Texas College Savings Plan
Comptroller Glenn Hegar announced today the Texas College Savings Plan (Plan)®, the state’s direct-sold college savings plan, is lowering fees and enhancing its investment lineup. These changes were effective Dec. 13: The current Blended and Index Age-based Portfolios will be streamlined into a single set of Age-based Portfolios; The Age-based Option will be expanded from six to 10 Age-based Portfolios to provide a smoother investment glide path; The Static and Individual Fund Portfolios will be reorganized as […]