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The Independent 529 Plan allows you to prepay tuition today that your child can later use at any college that has signed on as a member of the plan.
The PC529 Plan is the only prepaid 529 plan sponsored by private colleges and universities nationwide. As of May 2011, there are 272 participating schools, and La Salle University is one of them. It provides a guarantee against tuition inflation and the flexibility to choose from some of the nation’s top colleges. There are no fees charged to account owners, as 100 percent of contributions go toward the purchase of tuition that is held in a qualified trust.
There are no fees charged to account owners, as 100 percent of contributions go toward the purchase of tuition:
With an Independent 529 Plan, assets are held in a qualified trust. There is no investment risk to the account owner, as participating institutions bear the financial risk associated with advance payment of tuition.
Visit www.independent529plan.org to learn more, view participating colleges, and compare the Independent 529 Plan to other college savings choices.