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Contract Refund Options

Contract Refund Options

Full Benefits

    • Directs refund to the institution

      Weighted average tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.

    • Directs refund to Refund Designee

      Lowest tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.


    • Directs refund to institution

      Average tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.

    • Directs refund to Refund Designee

      Lowest tuition. Lump sum paid to the Refund Designee.


    • Lowest tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.
    • Average tuition. Lump sum paid to the Refund Designee.

Full Benefits

Attends Michigan independent (private) university/college

  • Directs refund to the institution

    Weighted average tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.

  • Directs refund to Refund Designee

    Lowest tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.

Attends out-of-state institution

  • Directs refund to institution

    Average tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.

  • Directs refund to Refund Designee

    Lowest tuition. Lump sum paid to the Refund Designee.

Received full tuition scholarship

  • Average tuition. Lump sum paid to the Refund Designee.

Attend Michigan public community college, directs refund to college

  • Lowest tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.

Military enlistment

  • Lowest tuition. Lump sum paid to the Refund Designee.

Attends technical/trade school/apprenticeship program (non-degree granting)

  • Lowest tuition. Lump sum paid to the institution or the Refund Designee.

Not attending college

  • Lowest tuition. Lump sum paid to the Refund Designee.

Beneficiary dies or is learning disabled

  • Lowest tuition. Lump sum paid within 60 days.

Limited Benefits

  • Attends Michigan independent (private) university/college, directs refund to the institution- Weighted average tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.
  • Attends Michigan independent (private) university/college, directs refund to Refund Designee-Lowest tuition. Lump sum paid to the Refund Designee.
  • Attends out-of-state institution, directs refund to institution- Lowest tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.
  • Attends out-of-state institution, directs refund to Refund Designee- Lowest tuition. Lump sum paid to the Refund Designee.
  • Received full tuition scholarship- Lowest tuition. Lump sum paid to the Refund Designee.
  • Attends Michigan public community college, directs refund to college- Lowest tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed. 
  • Military enlistment- Lowest tuition. Lump sum paid to the Refund Designee.
  • Attends technical/trade school/apprenticeship program (non-degree granting)- Lowest tuition. Lump sum paid to the institution or the Refund Designee.
  • Not attending college- Lowest tuition. Lump sum paid to the Refund Designee.
  • Beneficiary dies or is learning disabled- Lowest tuition. Lump sum paid within 60 days.  

Community College Plan

Attends Michigan independent (private) university/college

  • Directs refund to the institution

    Weighted average tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.

  • Directs refund to Refund Designee

    Lowest tuition. Lump sum paid to the Refund Designee

Attends out-of-state institution

  • Directs refund to institution

    Average tuition. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.

  • Directs refund to Refund Designee

    Lowest tuition. Lump sum paid to the Refund Designee.

Received full tuition scholarship

  • Average tuition. Lump sum paid to the Refund Designee.

Attends a Michigan public university

  • Directs refund to the university

    Weighted average. Paid as necessary toward tuition and mandatory fees up to maximum refund allowed.

Military enlistment

  • Lowest tuition. Lump sum paid to the Refund Designee.

Attends technical/trade school/apprenticeship program (non-degree granting)

  • Lowest tuition. Lump sum paid to the institution or the Refund Designee.

Not attending college

  • Lowest tuition. Lump sum paid to the Refund Designee.

Beneficiary dies or is learning disabled

  • Lowest tuition. Lump sum paid within 60 days.