prePAID Calculator

Find a Virginia529 prePAID combination that fits your budget and savings goals

Explore prePAID’s pricing and payment choices

Pricing and coverage listed are for the 2015–2016 enrollment period: December 1, 2015 - March 31, 2016.

1. Select the age or grade of the beneficiary

as of 10/1/15

This determines prePAID contract prices and indicates the first year you anticipate the beneficiary will use his or her prePAID benefit.

2. Explore semester prices and payment options

Complete one or multiple options then select Calculate to customize your results.

Semester and Tier Options

Number of Tier I semesters: and/or Number of Tier II semesters:

What does each Tier cover?

Tier I pricing is based on four–year Virginia Public Institutions (8 semesters = 4 years of four–year Tuition) and Tier II pricing is based on two–year Virginia Public Institutions (4 semesters = 2 years of two-year Tuition).

Tier I and Tier II semesters may be used at any Eligible Educational Institution, public or private, in Virginia or out of state, but payouts will vary. The Conversion Ratio will determine Tier I and Tier II semester coverage between two–year and four–year Virginia Public Institutions.

Please refer to the prePAID Master Agreement (pdf) for more information on use of Benefits and definitions of capitalized terms.

Payment Options

Down Payment Monthly Payments Lump Sum Payment

Down Payment: Monthly Payment: No. Months: Lump Sum Payment:

The Virginia529 prePAID Calculator is for educational and illustrative purposes to assist in making decisions about participating in Virginia529 prePAID. This provides examples and may not be relied on to establish final pricing or benefits. During the enrollment process, you will make final selections which Virginia529 will review, approve and confirm in your Participation and Payment Plan. The calculator is not intended, and should not be construed, as a specific recommendation, tax or investment advice, or a legal opinion. Virginia529 encourages you to carefully review all enrollment materials including the prePAID Program Description and Master Agreement and, when you are ready to start the enrollment process.

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