The Limited Benefits Plan Contract provides:
- In-state tuition and mandatory fees at Michigan public universities or in-district or out-of-district tuition and mandatory fees at Michigan public community colleges at Michigan public universities or community colleges whose tuition does not exceed 105 percent of the weighted average tuition of all Michigan public four-year universities
- Individuals may purchase in credit hour increments up to 150 credit hours (using Pay-As-You-Go) or semester increments (lump sum/monthly payment) up to10 semesters (5 years)
- This does not exclude a student from attending any Michigan public university or college; however, full tuition will not be provided for those Michigan public universities or colleges whose tuition exceeds 105 percent of the weighted average tuition. Currently three Michigan public universities are included in this category; the University of Michigan Ann Arbor, Michigan Technological University, and Michigan State University.
For example, in academic year 2017-2018, if a student with a four-year (120 credit hours) Limited Benefits Plan Contract attends the University of Michigan - Ann Arbor, MET will pay for 104 credit hours. If that student attends Michigan Technological University or Michigan State University, MET will pay for 108 credit hours (the majority of standard 4-year baccalaureate degree requires 120 semester credit hours). For all other Michigan public universities MET would pay for 120 credit hours.
Additional information is available in Frequently Asked Questions.