As 2022-23 tuition rates continue to be finalized for Virginia colleges, Virginia529 has extended the deadline to add Tuition Track Portfolio Units to applicable Invest529 accounts at the 2021-22 pricing rate. The Unit cost typically shifts annually on or about July 1 and is based on tuition for the upcoming academic year. This year, some Virginia colleges have yet to finalize those numbers.
The Tuition Track Portfolio is an exclusive option within Invest529 for Virginia residents designed to track the weighted average tuition growth at Virginia Public 4-year Universities (Average Tuition) and protect families’ savings by avoiding market risk.
Officially launched in early 2021, the Tuition Track Portfolio has resonated with families looking for a flexible investment option that allows them to take the guesswork out of college savings.
While many Virginia colleges froze their tuition rates and fees during the height of the coronavirus pandemic, historically college tuition has increased at least 5 percent each year.
Visit the Tuition Track Portfolio page to learn more about this savings option. Families can use the Tuition Track Calculator to estimate how many Units to buy based on their budget and savings goals and open a Tuition Track Portfolio account. The price for Tuition Track Portfolio Units will increase soon, so add Units to your account today before the price changes!