1. A. The Board at least annually shall evaluate the payment schedule and revise that schedule as appropriate for the future.
2. 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.
3. 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.