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Prepaid tuition plan
Are you a parent worried about the cost of a private college education for your son or daughter? Then we have good news. Northwestern is one of 270+ colleges participating in the Independent 529 Plan, a national prepaid tuition plan that lets you lock in tomorrow’s tuition at less than today’s price.
The Independent 529 Plan offers:
- The security of a guarantee against tuition inflation;
- Freedom from market risk;
- Freedom from entry, annual and exit fees;
- The flexibility of a national program; and
- Real savings, whether you start big, small, early or late.*
With an annual discount rate of 0.50 percent provided by the Independent 529 Plan—and assuming private college tuition increases 6 percent per year—it’s like earning a 6.5 percent increase in value each year, tax free.
Visit www.independent529plan.org or call 888-718-7878 to learn more.
* A certificate must be held a minimum of 36 months before it can be redeemed for tuition.
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