The 2010 enrollment period for the Nevada Prepaid Tuition Program closes on Feb. 28. The program enables Nevada parents, grandparents and family friends to lock in future college tuition rates at today's prices.
"The State Treasurer's Office has made a concerted effort over the past two years to get the word out about this tremendous program to communities all across Nevada," said Treasurer Kate Marshall. "With the cost of attending college continuing to go up, the Nevada Prepaid Tuition Program provides families with the opportunity to meet tuition costs for their child's higher education needs at reduced rates."
From newborns to ninth-graders, parents have a variety of options to participate in this program. Parents can pay a lump sum, spread the payment out over five years with 60 equal payments, or pay each month from the time of enrollment until the child is ready to start college.
The program is fully transferable to private or public out-of-state colleges and universities, and can be transferred to another family member, including a first cousin.
New components of the program added this year include a one-year university plan and a gift program that can be used by other family members and friends to give the gift of a college education.
For more information on the Nevada Prepaid Tuition Program, go to nevadatreasurer.gov/PrepaidTuition, or call 1-888-477-2667.
