How to Become a Member and Participate in the Program

In order to participate in the program, an eligible college must make a one-time capital contribution based on its annual budget. For institutions with an annual budget of $200 million or less, the one-time contribution is $15,000; for institutions with an annual budget over $200 million, the one-time contribution is $25,000. For smaller institutions, payment may be spread over several fiscal years upon request.

Each college must complete the following steps in order to become a member and participate in the program launch:

1. Execute the Prepaid Tuition Plan Agreement, including the Certificate of the Secretary of the participating institution.
2. Execute the Consortium Agreement and the Joinder to the Limited Liability Company Agreement of Tuition Plan Consortium. Within 30 days, designate an authorized TPC representative.
3. Execute the Accredited Investor Questionnaire.
4. Notify TPC of your college's tuition and mandatory fees for the 2005-06 school year. Identify exactly which fees you have designated as mandatory fees for the purpose of prepaying tuition benefits in TPC.
5. Notify TPC of your college's certificate discount rate for the 2005-06 TPC program year.
6. Consult with TPC on how your institution may be able to contribute to the program's promotional efforts.

For more information about Tuition Plan Consortium, please call Nancy Farmer, President and CEO of TPC, or Barbara Floreth, Vice President, at 314-727-0900, or send an e-mail to nancyf@i529.org or barb@i529.org.

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