Prepaid tuition plan
Northwestern is one of more than 270 private colleges that participate in the Private College 529 Plan, a prepaid tuition plan that lets you lock in tomorrow’s tuition at less than today’s price. By prepaying tuition now, you get a guarantee against tuition inflation. What’s more, there are no start-up, maintenance or annual fees—and contributions are free from federal taxes.
The Private College 529 Plan is the only 529 specifically tailored for families who wish to send their children to a private college. You can use the plan to help fund the education of a child, grandchild or any loved one.
Private College 529 certificates must be held a minimum of 36 months before they can be redeemed for tuition.