Skip Navigation
Treasury LogoMichigan.gov, Official Portal for the State of Michigan
Michigan.gov Home
close print view

Michigan Education Trust Introduces Owl Mascot

Contact:  Terry Stanton, (517) 335-2167 join our list serv

The Michigan Education Trust (MET) prepaid tuition program has introduced a blue and white owl mascot who will help cheer on the smart way of saving for college. MET is also calling on all adults in the state to participate in the "Name the MET Mascot Contest" for a chance to win a tuition-free semester at any Michigan community college.

"We are excited to bring this fun, feathered friend on board to help spread the word that MET is a wise way to take the guesswork out of saving for college," said State Treasurer Robert J. Kleine. "While folks are participating in the name the owl contest, I hope they will take time to consider the importance of saving for a young person's college education. MET remains one of the best ways to save because it locks in tomorrow's tuition at today's rates."

Entries are being accepted through Aug. 31, 2010, at MET's Web site SETwithMET.com. Entrants must be legal Michigan residents age 18 years or older. A panel of judges will score submissions based on creativity/originality and portrayal of the MET college savings message.

MET allows families to lock in current tuition rates by making up-front payments for credits to be used when their child enters college, community college, or university. MET credits can be used at any Michigan public institution, including 28 community colleges. MET contracts are also portable to Michigan private and out-of-state colleges and universities, and may be transferred to other eligible family members.

MET offers three contract options: Full Benefits, Limited Benefits and Community College. Contracts can be purchased in one-semester increments and convenient payment options are available. The total MET contract price, including enrollment fees, qualifies for a Michigan income tax deduction.

Since its debut in 1988 as the nation's first prepaid tuition program, MET has sold more than 91,000 contracts. More than 90 percent of high school graduates with MET contracts have gone on to attend a college or university. Visit SETwithMET.com or call 1-800-MET-4-KID (800-638-4543) for enrollment information.

# # #

Related Content
 •  Income Tax returns due in two weeks
 •  Competitive Grant Assistance Program Grants Awarded
 •  Unclaimed Property Auction Set For this Weekend
 •  Internet Shoppers Reminded to Report Use Tax on MI 1040 Tax Return
 •  Gov. Snyder confirms financial emergency in Royal Oak Township
 •  ELB Approves Sale of Surplus DPS Property
 •  Review team appointed to examine Lincoln Park finances
 •  Gov. Snyder determines financial emergencies in Royal Oak Township, city of Highland Park
 •  Review Teams Finds 'Financial Emergencies' in Royal Oak Township and City of Highland Park
 •  Administration, Fiscal Agencies Reach Revenue Consensus for Remainder of Fiscal Year 2014, FYs '15 and '16
 •  Disabled Veterans Reminded to Contact Local Municipality to Qualify for Property Tax Exemption
 •  Review teams appointed to examine finances of City of Highland Park and Royal Oak Township
 •  Cyber Shoppers Reminded to Keep Receipts and Report Use Tax on MI 1040 Tax Return
 •  ELB Approves Belle Isle Agreement Between Detroit EM Kevyn Orr and State of Michigan
 •  Donald Weatherspoon appointed to consult Pontiac Public Schools through financial emergency
 •  "Fostering Futures" Raises $172,000 to Help Former Foster Care Students Attend College
 •  Competitive Grant Assistance Program Grants Awarded
 •  September is College Savings Month!
 •  Treasury to Review Highland Park and Royal Oak Township Finances
 •  Gov. Snyder determines financial emergency in Pontiac School District
QR code

Michigan.gov Home
Michigan NewsMichigan.gov Survey

Copyright © 2001-2014 State of Michigan