March 12, 2014
RICHMOND, Va. (AP) - Virginia families have until the end of the month to enroll in the state's prepaid college tuition program for this year.
Officials say the annual enrollment period for Virginia529 prePAID ends March 31. The enrollment allows families to purchase at this year's pricing future in-state tuition and fees at Virginia public colleges and universities.
Contracts are available by the semester at different pricing levels and families or individuals may purchase contracts for newborns up to children in ninth grade.
Officials say that tuition at four-year institutions has increased an average of 7 percent a year in Virginia over the last decade.
Program CEO Mary Morris says enrolling in a plan now gives parents and grandparents confidence against future uncertainty about tuition increases.
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