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Michigan Education Trust

Teacher with happy face and MET logo

Michigan Education Trust

Minerva knows the value of saving for college when a child is young. Watch her explain it to her students' parents.

It's easier than ever to open a MET--

Start Small, Save Now--Open a MET with as little as $25!

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!   

Start Saving Today

Make a Contribution to an Existing MET

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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

5,400+

MET Students Currently Attending
Michigan Public Colleges and Universities

 

 

 

 

118,000+

MET Contracts Have Been Purchased

1,400+

MET Students Currently Attending
Private or Out-of-State Colleges
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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

Upcoming Events 

Jul 27

Grand Rapids Children's Museum Day of Play

MET will be hosting a booth at the Grand Rapids Children's Museum Day of Play! Drop-in to learn more about Michigan's 529 prepaid tuition savings program and visit MET's mascot,...

Aug 07

Brighton District Library Presentation

MET will be giving a presentation on the basics of Michigan's 529 savings plans, MET and MESP at the Brighton District Library. Stop by to learn more about the advantages of sav...

Aug 07

Kids Day at John Ball Zoo

MET will be hosting a table at John Ball Zoo for their WGVU Kidsday! Enjoy a day at the zoo filled with entertainment for the kids, vendors and activities. Admission into the zo...

Aug 12

MET and MESP Webinar

Learn more about Michigan's 529 prepaid tuition savings program, the Michigan Education Trust (MET) and Michigan Education Savings Program (MESP). During this interactive online...

View All Events
Screenshot of the new online customer website home page

Update-- Customer Access Portal

Our online Customer Access Portal has gotten a facelift. Effective September 2023, you will notice a fresh new look and new features when you log in to your account. 

If you have bookmarked our Customer Access Portal, you will need to update your bookmark with the new site address.


Learn more about the transition
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 link 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