[Match the Promise Foundation Scholarships] Apply Through Dec. 31!
TEXAS, December 21 - Fifth through ninth graders who are enrolled in the Texas Tuition Promise Fund® and whose families have an annual income of $100,000 or less may be eligible for Match the Promise scholarships.* Applicants can use our new online application system or download an application form and mail it in. Applications will be accepted through Dec. 31, 2021.
The Texas Match the Promise Foundation℠ encourages families to save for college by supplementing their contributions to the Texas Tuition Promise Fund — the state's prepaid college tuition plan. Families who do not currently have a Promise Fund account can find information about establishing one at our website.
Approved recipients can receive matching scholarships of tuition units worth up to $1,000 at today's prices. Top-scoring recipients can also receive a one-time grant of tuition units worth $2,000 at today's prices.
To be considered for a Match the Promise scholarship, students must write a career essay and meet other requirements. If approved, recipients will have until Aug. 31, 2022, to meet the contribution requirement of the scholarship program by contributing a minimum of $100 to the student’s Promise Fund account.
Find more information online at MatchThePromise.org. You can also contact us via email or at 800-531-5441, ext. 3-7570, for additional information.
*Residency restrictions, eligibility criteria and minimum contribution requirements apply.
The Texas Tuition Promise Fund® (“Plan”) is administered by the Texas Prepaid Higher Education Tuition Board (“Board”) and Orion Advisor Solutions, Inc. is the plan manager. The Plan and the Board do not provide legal, financial, or tax advice and participants in the Plan should consult a legal, financial, or tax advisor prior to purchasing a contract.
Participation in the Plan does not guarantee admission to or graduation from any college or university. Only the purchaser may direct redemptions, withdrawals, changes in beneficiary, or other contract changes. Non-residents of Texas should consider whether their home state, or the beneficiary’s home state, offers residents any 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 plan.
You may lose money by participating in the Plan. 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 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. Match the Promise FoundationSM scholarships can only be used at Texas public colleges and universities, and Transfer Value cannot be utilized. The Plan Description and Master Agreement contains this and other information about the Plan and may be obtained by visiting TexasTuitionPromiseFund.com or calling 800-445-GRAD (4723), option #5. Purchasers should read all Plan documents carefully before purchasing a contract.
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