www.illinois.gov

Pat Quinn, Governor

State Links Skip to Content Skip to State Links

 Government
 Business
 Employment
 Education
 Health & Safety
 Family & Home
 Visiting
 About Illinois
 Illinois.gov

Stay Informed

Your Government


Illinois Flag Honors

Inspector General


 IGNN: Main State Page Press Release

ILLINOIS NEWS

FOR IMMEDIATE RELEASE
April 16, 2013

Parents Have Until April 30 to Enroll in College Illinois!®
Last chance to take advantage of current contract pricing.

CHICAGO--Illinois parents have only two weeks to sign up for the College Illinois! 529 Prepaid Tuition Program before the current enrollment period ends April 30. The College Illinois! program allows families to prepay for college years in advance at significantly lower cost.

“With ever rising costs of higher education, College Illinois! offers parents a great opportunity to plan ahead and make college more affordable for their kids,” said Eric Zarnikow, Executive Director of the Illinois Student Assistance Commission, which administers the program. “We’re urging parents to seize the day and sign up for College Illinois!, or talk to one of our advisers now, before the enrollment period closes.”

“For as little as $44 per month, parents, grandparents or guardians can start on the path to a prepaid college education for their children.”

Zarnikow noted that a child born today is projected to incur college costs of as much as $180,000 to attend an Illinois four-year public university. College Illinois! allows families to lock in a lower price today to cover the expense of future tuition and fees.

Hundreds of Illinois parents and grandparents have signed up for College Illinois! since the current enrollment period opened in October 2012.

Since inception in 1997, College Illinois! has paid more than $400 million in tuition and fees and helped tens of thousands of Illinois families make postsecondary education more affordable. A College Illinois! prepaid tuition contract also offers tax advantages including state income tax deductions, tax-free growth and exclusions from federal Gift Taxes. While about 75 percent of College Illinois! beneficiaries have opted to attend college in Illinois, the program’s benefits can be used at nearly all public and private colleges throughout the country.

College Illinois! offers various plans which let purchasers choose a pricing option that best fits their financial needs. For additional information about ISAC’s College Illinois! Prepaid Tuition Program, please visit www.prepayandsave.org, www.529prepaidtuition.org or call 877-877-3724.

To request an interview with a member of the Illinois Student Assistance Commission regarding College Illinois!, please contact Joanna Klonsky at 312-307-0840 or jklonsky@cbdmarketing.com.
 



###

News Categories

 State/All
 Governor's Office
 Lt. Governor's Office
 Agriculture
 Budget/Fiscal
 Business
 Children/Families
 Culture
 Disabilities
 Economic Development
 Education
 Environment
 Flag Honors
 Health/Human Services
 History
 Infrastructure
 Opportunity Returns
 Recovery
 Safety/Security
 Technology
 Tourism/Recreation
 Transportation
 Workforce/Jobs

News Resources

 Search the News
 IIS Radio News
 RSS News Feeds
 e-News Subscriptions
 Communications Office
 Privacy Statement

Features

Sign up for an e-news subscription
Copyright © 2014 State of Illinois Site Map | Illinois Privacy Info | Kids Privacy | Web Accessibility | Contact Us