First: I am not saying there aren’t also other places to save money for your kiddo’s college. This is my experience with using TTPF for my oldest now that he is beginning his second semester at Tech.
Purchased two plans, one for each son, 400 tier 2 units per plan.
All investment and fees included, my per unit cost came to $81.75 per unit.
The first semester for a full time 15 hour student ran 32.337 units out of the bank of credit units. That equals a raw cost of $2643.55 to me into the plan.
But, that offset $6055.80 in tuition & fees, essentially a value of 255.46% of original cost.
Essentially the value per unit increased in value from $81.75 to $208.86
This spring semester calculations is slightly better, at first glance but awaiting final invoice which shows unit attribution to the tuition cost.
I had the plan fully paid I believe 11 years ago, so that is a reasonable gauge to what date the last unit was purchased as it corresponds with the tuition rate locked in cost for me.
At least in this scenario, I am quite satisfied with this part of our college investment strategy. I recommend having possibly a traditional 529 or other to help cover just other costs that are unqualified to be paid by plan.
Purchased two plans, one for each son, 400 tier 2 units per plan.
All investment and fees included, my per unit cost came to $81.75 per unit.
The first semester for a full time 15 hour student ran 32.337 units out of the bank of credit units. That equals a raw cost of $2643.55 to me into the plan.
But, that offset $6055.80 in tuition & fees, essentially a value of 255.46% of original cost.
Essentially the value per unit increased in value from $81.75 to $208.86
This spring semester calculations is slightly better, at first glance but awaiting final invoice which shows unit attribution to the tuition cost.
I had the plan fully paid I believe 11 years ago, so that is a reasonable gauge to what date the last unit was purchased as it corresponds with the tuition rate locked in cost for me.
At least in this scenario, I am quite satisfied with this part of our college investment strategy. I recommend having possibly a traditional 529 or other to help cover just other costs that are unqualified to be paid by plan.
