Artykuly z roznych dziedzin
Plan continues to enroll new contract holders at current prices through April 30
CHICAGO— The Illinois Student Assistance Commission (ISAC) announces it is entering its final month of the current enrollment period for the College Illinois! 529 prepaid tuition plan with the program in solid financial shape.
“Our message to the residents of Illinois and current College Illinois! contract holders is that the program is on firm footing,” explained ISAC Executive Director Andrew Davis. “College Illinois’ assets are both safe and liquid.”
As of February 28, 2009, the value of College Illinois’ assets stood at $726,646,868. The program has 55,527 active contracts as of December 31, 2008, including 44,148 paid in full.
The primary reason people invest in College Illinois! is the security the program affords their investment in their child’s future. Unlike a savings plan, College Illinois! is a contract. Each contract holder is entitled to receive the tuition and fee benefits as stated in the contract, regardless of fluctuations in the market.