IWU offers new way to save on tuition
Tuesday, January 10, 2017 8:23 AM
Indiana Wesleyan University is pleased to announce a new way for students and their families to save for college through its new membership in Private College 529 Plan, a pre-paid tuition plan that allows students and their families to lock-in current tuition rates for future education.
IWU joins a network of more than 280 private colleges and universities that make up Private College 529 Plan. As the only 529 pre-paid plan for private colleges, Private College 529 provides parents the opportunity to save a significant amount of money by avoiding future tuition increases or the risk associated with market volatility.
“We are delighted to participate in Private College 529 Plan,” said Dr. Keith Newman, IWU’s CEO of residential education and executive vice president. “Affordability and accessibility for all students remains a commitment of Indiana Wesleyan University. Since 1920, we have been offering a transformational education preparing students to serve our world. The opportunity afforded to families to invest in the future today is a great way to pay it forward.”
Prepaid tuition is valid for 30 years after purchase and can be redeemed at any of the member institutions and any that join in the future. Individuals do not commit to a specific school when they enroll in the Plan. Accounts can be created with as little as $25 or as much as $250,000.
“We are thrilled that Indiana Wesleyan has become the 13th private college in Indiana to join this Plan,” said Nancy Farmer, president of Private College 529 Plan. “It offers one more opportunity for families who want a faith-based education for their children or grandchildren to save on the cost of college.”
For more information on Private College 529 Plan, visit privatecollege529.com/prepay.
Last updated: 01/10/2017