- A. The Board at least annually shall evaluate the payment schedule and revise that schedule as appropriate for the future.
- B. Tuition prepayment contract prices shall be evaluated based on, among other factors as deemed appropriate by the Board, the average tuition at four-year colleges and universities; the type of payment plan selected by the contributor at the time of application; and the age and/or educational grade level of the designated beneficiary at the time of application.
- C. All tuition prepayment contract prices shall be publicized.
HISTORY: Added by State Register Volume 22, Issue No. 6, Part 1, eff June 26, 1998.