College savings plan seminar in Bay City on August 20thDear Friends,
The beginning of September may bring with it an increase in the rates for purchasing a Michigan Education Trust plan, the state's version of pre-paid college tuition or a college savings plan. As parents begin to purchase supplies and clothes for their students' return to school, they should also consider investing in a MET plan for their child's future college education.
A MET plan allows a sponsor - such as a parent, grandparent, or any interested individual - to pre-purchase undergraduate tuition for a child residing in the state, locking in the cost for future college tuition at today's rates and offering considerable long-term savings to families.
To provide potential sponsors with all the information they need to decide whether a MET plan is right for them before any possible rate increases go into effect, I am hosting a free MET seminar in Bay City.
Monday, Aug. 20 at 6:30p.m.
Bay Arenac ISD - Bay City Room
4228 Two Mile Road, Bay City
The seminar presenter will be Robin Lott, executive director of the MET program since June 1997. The public is welcome to attend. RSVPs are appreciated but not required. For more information or to RSVP, call (866) 305-2131.
In a related legislative matter, earlier this summer the Senate passed legislation I sponsored to provide protections to college saving plans from creditor collection activity. It awaits consideration in the House.
As always, please feel free to contact me if I can ever be of assistance.
Pure Michigan Summer Fun
Senator Mike Green
Toll Free: (866) 305-2131 or (517) 373-1777