Imagine the comfort of knowing that your child (or grandchild) will to be able to go to college. Texas college savings plans can help you turn that dream into a reality. Lacy talks to Linda Fernandez about one of these: The Texas Tuition Promise Fund, which allows participants to prepay their future undergraduate tuition and school-wide required fees at Texas public colleges and universities… without the worry of investment risks. Linda is the Director of Educational Opportunities and Investments for the Comptroller and answers questions about the 15-year-old program. Do you have to select a college or university when you enroll? (No) Can any family member enroll a beneficiary in the program? (Yes) Are there different payment options? (Yes) What can you use the funds for? How are they used if a child does not attend a Texas public college or university? Listen in to find out.
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