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What Is MET?
What is MET?
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 MET 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
MET means peace of mind. Parents and others can pay tomorrow's education expenses at today's price and provide an opportunity for young children and/or high school graduates by encouraging them to excel beyond high school.
Legacy of Learning
Leave a legacy of learning. You don't have to be the parent of a child to start saving for their future education. Aunts, uncles, grandparents and friends of the family are all welcome to start saving for a child's education with a MET 529 prepaid tuition program. In fact, 20% of new MET contracts are purchased by grandparents.
Read MET press releases, articles about MET posted in various newspapers and magazines, or browse articles for tips on saving for college.