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October 21, 2025
The Michigan Education Trust (MET) has received national recognition for excellence in financial reporting, reinforcing public trust in the state’s efforts to help families save for college.
The Government Finance Officers Association (GFOA) recently awarded MET the Certificate of Achievement for Excellence in Financial Reporting for its Annual Comprehensive Financial Report (ACFR) for the fiscal year ending Sept. 30, 2024. This is the highest honor in government financial reporting, proving a strong signal that MET is managing plan participants’ education dollars with integrity and care.
“This national award reflects the dedication and professionalism of our MET team,” said Diane Brewer, executive director of MET. “Families can feel confident knowing that MET is not only helping them save for college but we’re doing it with transparency and accountability.”
The report was reviewed by an impartial panel and recognized for its clarity, completeness, and commitment to full disclosure, all of which help families better understand how MET operates and why it is a reliable investment in their children’s educational future.
The MET ACFR was completed in January 2025. GFOA awarded the Certificate of Achievement to MET in September after a thorough review.
What is MET?
MET is Michigan’s 529 prepaid tuition program, allowing families to lock in today’s tuition rates at public colleges and universities across the state. It’s a powerful way to save for college, providing state tax benefits and tax-free growth when used for qualified education expenses.
MET credits can be used at out-of-state and private schools or transferred to other family members if plans change.
Ready to start saving smart for college?
Visit https://www.michigan.gov/setwithmet to learn how MET can help you give your child a head start on a brighter future.
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