Compare Texas Prepaid Plans
The Texas Guaranteed Tuition Plan, also known as the Texas Tomorrow Fund, was offered as the original Texas prepaid tuition plan. The plan was open from 1995-2003, and is currently closed to new enrollment. The new Plan opened in 2008, and is known as the Texas Tuition Promise Fund. The primary difference between the Plans:
- Texas Tomorrow Fund (Old Plan): The Texas constitution guarantees payment of tuition and required fees for the Plan’s beneficiaries who attend college when their Purchaser redeems their contract for that purpose.
- Texas Tuition Promise Fund (New Plan): The Plan is not constitutionally guaranteed, however, Texas law requires all Texas two-year and four-year public colleges and universities to accept tuition units as payment for the applicable portion of tuition and required fees. This law does not apply to private or out-of-state colleges and universities or career schools.