TEXAS, May 24 - Learn About Texas Plans
for 529 College Savings Day

Did you know Texas offers three tax-advantaged 529 plans for higher education? They are the Texas College Savings Plan^® and the LoneStar 529 Plan^®, both college savings plans, and the Texas Tuition Promise Fund^®, a prepaid college tuition plan.

In recognition of 529 College Savings Day this month, there will be a special webinar about the three plans at noon on Wednesday, May 25. With these plans, families can save for qualified educational expenses at schools nationwide, including tuition, fees and more.

If you have any questions regarding the webinar, please contact us.

For more information about the plans, visit SaveNowForCollege.org.

The Texas Tuition Promise Fund (“Fund”), the Texas College Savings Plan and the LoneStar 529 Plan (collectively referred to as the “Savings Plans” and together with the Fund as the “Plans”) are established and maintained by the Texas Prepaid Higher Education Tuition Board and distributed by Northern Lights Distributors, LLC (“NLD”), Member FINRA/SIPC. Orion Advisor Solutions, Inc (“Orion”), 17605 Wright Street, Omaha, NE 68130, is the plan manager and administrator of the Fund.  Orion is also the plan manager of the Savings Plans, which are administered by Gemini Fund Services, LLC. NLD and Gemini are not affiliated with Orion.

Plan descriptions and agreements may be obtained at the following websites or by calling 800-445-GRAD (4723) and selecting the option # below:

Texas Tuition Promise Fund: TexasTuitionPromiseFund.com or option 5.

Texas College Savings Plan: TexasCollegeSavings.com or option 3.

LoneStar 529 Plan: Lonestar529.com or option 4.

Non-residents of Texas should consider whether their home state, or the beneficiary’s home state, offers its residents any state tax or other state benefits, such as financial aid, scholarship funds, and protection from creditors that are only available for participants in that state’s 529 plan. The Plans and the Board do not provide legal, financial, or tax advice and participants in the Plan should consult a legal, financial, or tax advisor for specific guidance.

The Texas Tuition Promise Fund^®

Participation in the Texas Tuition Promise Fund does not guarantee admission to or graduation from any college or university. Only the purchaser may direct redemptions, withdrawals, changes in the designated beneficiary or other contract changes. Purchasers should read the Plan Description and Master Agreement carefully before purchasing a contract.

You may lose money by participating in the Fund. No part of a contract is a deposit or obligation of, or is guaranteed or insured by, the Board, the state of Texas, or any agency or agent thereof. The contracts have not been registered with or approved by the U.S. Securities and Exchange Commission (SEC) or any state. Purchasers should carefully consider the risks, fees, charges, and expenses associated with contracts, including Plan termination and reduced Transfer or Refund Value. Transfer Value applies to redemptions at private colleges and universities, out-of-state colleges and universities, medical and dental schools, career schools, and registered apprenticeship programs and is the lesser of: (1) the costs the units would cover at a Texas public college or university; or (2) the original purchase price of the units plus or minus net investment earnings or losses on that amount.

The Texas College Savings Plan^® and the LoneStar 529 Plan^®

Fees and charges for the most recent quarter end are available here for the Texas College Savings Plan and here for the LoneStar 529 Plan. Investors should read each Plan Description and Savings Trust Agreement carefully before investing.

An account could lose money including the principal invested. No part of an account is a deposit or obligation of, or is guaranteed or insured by, the Board, the state of Texas, or any agency or agent thereof. Interests in the Savings Plans have not been registered with or approved by the SEC or any state. Investors should carefully consider the investment objectives, risks, fees, charges, and expenses associated with municipal fund securities. The Board may suspend, modify, or terminate the Savings Plans or change investment approaches, offerings, and/or underlying investment funds at any time and without the consent of account owners or beneficiaries.

 © 2022 Texas Prepaid Higher Education Tuition Board. “Texas Tuition Promise Fund^®,” ‘‘Texas College Savings Plan^®,” and ‘‘LoneStar 529 Plan^®’’ are registered marks of the Texas Prepaid Higher Education Tuition Board. All rights reserved.