The Michigan Education Trust (MET) is Michigan's 529 prepaid tuition savings program. It allows parents, grandparents, businesses and others to pay for future education at today's price. MET is easy to set up, easy to use and, most important, an easy way to save. MET is one of the smartest investments you can make in a child, and with MET's age-based pricing, the earlier families invest, the more they can save!
MET is a 529 prepaid tuition savings program which allows you to pay for future higher education at today's price. MET is flexible, transferable and even refundable. MET is specific to tuition, it does not pay for room and board or books. Depending on the beneficiary's choices, MET provides:
Students have 15 academic years from their expected high school graduation year to use their MET.
MET goes where you go. Students may direct MET funds to Michigan private colleges, out-of-state schools or even trade schools.
Payments made are deductible on a purchaser's Michigan income tax form in the year they are made.
Your MET can be transferred to immediate family members, including siblings and cousins.
MET staff are available for presentations or to setup a display at your event. If you are interested in scheduling a MET presentation or display, please call the MET office at 800-638-4543, or in the greater Lansing area at 517-241-4884.
