July Deadline For College Tuition Plan Here

July 30, 2025 – Parents in Texas have until July 31 to enroll their newborns in the Texas Tuition Promise Fund at 2024-25 pricing. The plan allows families to prepay future tuition and required fees at Texas public colleges and universities, locking in current rates and protecting against rising education costs. To qualify for this pricing, children must be under one year old by the July 31 deadline.

Contributions to the Texas Tuition Promise Fund are tax-deductible at the state level, offering a potential state tax deduction for Texas residents. However, they are not deductible at the federal level. This is because the Texas Tuition Promise Fund is a state-sponsored 529 prepaid tuition plan.

The Tuition Promise Fund offers flexibility, with different payment options and tiered pricing based on the type of institution. It gives families peace of mind by ensuring that a portion of their child’s higher education costs is already covered, regardless of future tuition increases. Parents, guardians, and even grandparents can open accounts, and funds can be transferred if the child attends a different school or state.

While enrollment for older children runs from September through February, this special deadline is only for newborns. Missing it means families must wait until the next enrollment window and potentially pay higher rates. With the cost of college continuing to rise, early enrollment is a practical step for families hoping to plan ahead. The July 31 cutoff is a firm deadline for locking in this year’s prices.