"This contest is a fun way MET reminds families about the importance of saving now for future college expenses," said State Treasurer Robert J. Kleine. "Higher education is an important step to ensure your children get the best-paying jobs of the future. While people are entering to win, we encourage them to learn more about MET and the many benefits of prepaying tuition. MET is a safe, easy, and proven way for families to help students continue their education by ensuring tomorrow's tuition costs are covered at today's rates."

No purchase is necessary to win the MET semester giveaway and the winner will have 60 days from notification to name a student beneficiary. The student does not need to be related to the winner, but must:

• Be a Michigan resident; and
• Not have four years of MET already purchased.

Since its debut in 1988 as the nation's first guaranteed tuition program, MET has sold more than 87,000 contracts and has nearly $1 billion in assets. 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, well over 90 percent of high school graduates with MET contracts have gone on to attend a college or university.