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Michigan Education Trust

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Michigan Education Trust

Pay for Future Education at Today's Price

 

You've been thinking about it, and now is the time to do it. The Michigan Education Trust (MET) is here to help make saving for college easier. Avoid rising tuition rates and save on college tuition by buying college credits at today's price with a MET 529 prepaid tuition savings program. Give the gift that will last a lifetime--the gift of education. Prices are valid through January 31, 2024.

Governor Whitmer has declared May 22 to May 29, 529 Awareness Week. In honor of her proclamation, MET is waiving the $25 online enrollment fee for new MET contracts opened between May 22, 2023 and June 2, 2023. Use coupon code 529DAY23 during online enrollment to waive the fee.

 

PURCHASE MET

MET logo

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:

  • Prepaid tuition and mandatory fees at any Michigan public university and community college upon admission.
  • Funds from a terminated METs can be directed to a Michigan independent (private), out-of-state college or trade school. 
  • Refunds can be made if a beneficiary decides not to attend college.

Features and Benefits

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Flexibility

Students have 15 academic years from their expected high school graduation year to use their MET.

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Portability

MET goes where you go. Students may direct MET funds to Michigan private colleges, out-of-state schools or even trade schools.

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Tax Incentives

Payments made are deductible on a purchaser's Michigan income tax form in the year they are made.

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Transferability

Your MET can be transferred to immediate family members, including siblings and cousins.

LEARN MORE ABOUT THE BENEFITS OF MET

MET Statistics

Statistics

6,900+

MET Students Attending
Michigan Public Colleges and Universities

 

 

 

 

96%

Of High School Grads with MET Have Gone on to Attend College

1,300+

MET Students Attending
Private or Out-of-State Colleges This Year

Interested in Enrolling?

Here you will find the full MET contract which provides complete details regarding the program, payment options, pricing calculator and more.

VIEW ENROLLMENT KIT (PDF)

PURCHASE ONLINE

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Pay-As-You-Go

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Pay-As-You-Go is MET's most flexible payment option. Buy one credit to start your MET, after that you can add to it any time you like! Invite family and friends to contribute too. Click below to learn more about this option.

MORE ABOUT PAY-AS-YOU-GO

Upcoming Events 

Jun 01

DeWitt Community Showcase

The Michigan Education Trust will be hosting a booth at the 11th Annual DeWitt Community Showcase at the DeWitt High School from 5:00 to 7:30 p.m. on June 1. The Community Showc...

Jun 03

Ottawa County Resource Fair

MET will be hosting a booth at the Ottawa County Resource Fair on Saturday, June 3. This free event will take place from 9:00 a.m. to noon at the Coopersville High School footba...

Jun 06

MET/MESP Savings Webinar

Learn more about Michigan's 529 education savings programs, MET and MESP. Both programs offer flexible features and tax advantages to help save for a loved one's future educatio...

Jun 07

MyMichigan Health Employee Webinar

MET and MESP will be hosting three webinars for MyMichigan Health employees on June 7th. The three webinar start times are 7:30 a.m., noon and 7:30 p.m. This free webinar will g...

View All Events
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.
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Request Information

Want to learn more about MET? Click the button below to fill out the form. We will send you communications including MET news and events.

Want to meet with a MET staff member? Schedule a virtual one-on-one appointment today.

If you have an existing MET contract and have questions email us at TreasMET@Michigan.gov or call 800-638-4543.

Request Information

MI529 

In addition to MET, Michigan offers several other 529 college savings programs to help you in save for future education expenses.
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MI529 Advisor