Seventy million in total revenue makes this a top-notch program and shows a commitment to education by the people of this state. The Prepaid College Plan allows people to lock in today s tuition costs for attendance at some time in the future.
Contracts are available in increments of from one to five years of tuition.
Payments on contracts can be made in lump sum, by monthly installments over five years or for an extended period. The Prepaid Plan pays full in state tuition and mandatory fees at any West Virginia public college or university. However, the Plan benefits can be transferred to any accredited college or university in the country. Also, purchasers of the contracts can receive a special deduction on their West Virginia personal income taxes. No other tuition savings program offers that benefit.