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Posted: 1:06 PM Nov 26, 2009
Ill. Prepaid Tuition Offers Savings Through Monday
SPRINGFIELD, Ill. (AP) -- The Illinois Student Assistance Commission is offering savings on prepaid tuition contracts now through Monday.
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Purchasers can save more than $500 on eight semesters of prepaid tuition in the program's University Plus option versus the same plan purchased Dec. 1.
The state's prepaid tuition program allows parents of college-bound students to lock in a tuition rate ahead of time and pay toward that tuition into a low-risk investment fund.
Commission Executive Director Andrew Davis says families gathering for the holidays should consider purchasing the gift of college education for a child.
Under the program, students can choose to attend college almost anywhere. Benefits can be used at Illinois public universities and community colleges or applied at public and private institutions nationwide.
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