Parents Have Until April 30 to Enroll in College Illinois!®

Lawndale News Chicago's Bilingual Newspaper - EducationIllinois parents have only two weeks to sign up for the College Illinois! 529 Prepaid Tuition Program before the current enrollment period ends April 30. The College Illinois! program allows families to prepay for college years in advance at significantly lower cost.

“With ever rising costs of higher education, College Illinois! offers parents a great opportunity to plan ahead and make college more affordable for their kids,” said Eric Zarnikow, executive director of the Illinois Student Assistance Commission, which administers the program.

“For as little as $44 per month, parents, grandparents or guardians can start on the path to a prepaid college education for their children.” Zarnikow noted that a child born today is projected to incur college costs of as much as $180,000 to attend an Illinois four-year public university. College Illinois! allows families to lock in a lower price today to cover the expense of future tuition and fees.

Since inception in 1997, College Illinois! has paid more than $400 million in tuition and fees and helped tens of thousands of Illinois families make postsecondary education more affordable. A College Illinois! prepaid tuition contract also offers tax advantages including state income tax deductions, tax-free growth and exclusions from federal Gift Taxes. College Illinois! offers various plans which let purchasers choose a pricing option that best fits their financial needs. For additional information about ISAC’s College Illinois! Prepaid Tuition Program, please visit www.prepayandsave.org, www.529prepaidtuition.org or call 877-877-3724.

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