RICHMOND, Virginia–March 21, 2017–Time is running out to enroll in a program to prepay tuition at Virginia public colleges and universities. The current enrollment window for Prepaid529 ends March 31, 2017, consistent with prior years, and then the program is closed to new enrollees until the next scheduled enrollment period.
Prepaid529 allows families to purchase semesters of tuition and mandatory fees for newborn children through ninth graders. Semester prices vary based on the age of the beneficiary. Explore the array of contract and payment options using the Prepaid529 calculator at Virginia529.com.
Each semester purchased will fund a future semester of the full-time undergraduate in-state tuition and mandatory fees assessed to all students at Virginia public two- and four-year colleges and universities. Prepaid529 semesters also can be used at private and out-of-state institutions, but the benefits differ.
Although the deadline to enroll is Friday, March 31, 2017, families have until May 1, 2017 to make the first payment.
This enrollment period, 2016-2017, is the 20th anniversary of the first Prepaid529 enrollment period. The program, originally known as the Virginia Prepaid Education Program or VPEP, has opened 125,000 accounts since that first enrollment and has already helped nearly 50,000 Virginia students attain higher education.
For complete program details, review the Prepaid529 Program Description (PDF).