Daylong Celebration will also Feature a Webinar and Facebook Live Sessions
LANSING, Mich. – In honor of Michigan College Savings Month, the Michigan Education Trust (MET) will stage a “MET-athon” from 8 a.m. to 8 p.m. Tuesday, Sept. 19, to answer families’ college savings questions and help them purchase MET 529 prepaid tuition contracts before the 2017 enrollment session closes Sept. 30.
The event will also feature a noon webinar, during which parents and other caregivers can pose questions to experts from MET and the Michigan Education Savings Program (MESP), two of the state’s three 529 college savings programs. Webinar registration is available at MET4College.com.
In addition, those who call 800-MET-4-KID (800-638-4543) with questions throughout the day will be entered to win $50 Meijer gift cards. MET officials will announce winners during Facebook Live check-ins that will take place at 8 a.m., 11:55 a.m., 4 p.m. and 7:55 p.m. at www.facebook.com/mieducationtrust.
And for the rest of September, MET is waiving its $25 enrollment processing fee for new contract purchases. After the current enrollment period ends, MET usually reopens for contract purchases in December.
“The MET-athon is a fun way to get last-minute information to families and others who have questions about Michigan’s 529 plans or college savings in general,” said Robin Lott, MET’s executive director.
MET is the state’s Section 529 prepaid tuition plan, which allows for the purchase of future college tuition credits based on today’s rates. Debuting in 1988 as the nation’s first prepaid tuition program, MET is preparing to celebrate its 30th anniversary.
MET, MESP and MI 529 Advisor Plan (MAP), Michigan’s three Section 529 college savings programs, offer Michigan taxpayers a state income tax deduction on contributions and potential tax-free growth on earnings if account proceeds are used to pay for qualified higher education expenses.
More information about MET is available at SETwithMET.com or 800-638-4543.
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