Time is running out to enroll in Washington's Guaranteed
Education Tuition (GET) program at the current unit price. New
accounts must be opened by March 31st to secure the unit
price of $117. GET is a 529 Prepaid College Tuition plan that helps
families save for college. It works on a unit system where 100
units represent one year of tuition and state-mandated fees. The
units value will be the real cost of tuition and fees of the
highest priced Washington public university; however, you can use
units at nearly any public or private university, community college
or vocational school in the country. Units can also be used to pay
for room and board, books or other higher education costs. They can
even be transferred to another sibling or family member, including
cousins, if your child receives a scholarship or decides not to
attend college.
The GET program is backed by the full faith and credit of the
state of Washington. That means if future tuition increases ever
require the program to pay out more money than it has available,
the Legislature would be required by law to provide funding to
cover the shortfall.
Washington's program is so successful for parents saving for
their kids' college the state is looking to make changes to the
program for future enrollees after March 31, 2011. Don't miss this
deadline and opportunity to start saving today! For more
information, visit the GET web site at: http://www.get.wa.gov/.