The Michigan Education Trust (MET) prepaid
tuition program is calling on all adults in the state to enter to win a
tuition-free semester at any Michigan public college or university. Michigan
residents 18 years of age and older can enter to win a one-semester, Full
Benefits MET contract. MET contracts are also portable to Michigan private and
out-of-state institutions.
Entries are being accepted now through
Aug. 31, 2010, at MET's Web site
SETwithMET.com.
MET will announce the winner of the random drawing during College Savings Month
next September.
"This contest is a great way to remind
families about the importance of planning now for future college expenses," said
State Treasurer Robert J. Kleine. "We encourage people entering to win to take a
moment to learn more about MET and the many benefits of pre-paying for college
tuition. With MET, you get tomorrow's tuition at today's prices and take the
guesswork out of saving for your child's future education."
No purchase is necessary to win the MET
semester giveaway. The winner will have 60 days from notification to name a
beneficiary. The beneficiary does not need to be related to the winner, but must
be a Michigan resident and must not have four years of MET already purchased.
Since its debut in 1988 as the nation's
first prepaid tuition program, MET has sold more than 91,000 contracts. Not only
are MET contracts portable to Michigan private and out-of-state colleges and
universities, they may be transferred to other eligible family members. Since
1988, more than 90 percent of high school graduates with MET contracts have gone
on to attend a college or university.
Registrants can visit
SETwithMET.com or call 1-800-MET-4-KID
(800-638-4543) for all contest rules and more information about MET contracts.
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