An introduction to the Texas 529 Plans

Glenn Hegar - Texas Comptroller of Public Accounts Seal

The Texas Tuition Promise Fund® (“Plan”), and the Texas College Savings Plan® and the LoneStar 529 Plan® (“Savings Plans,” together with the Plan, the “Plans”) are administered by the Texas Prepaid Higher Education Tuition Board (“Board”). Orion Advisor Solutions, Inc. (“Orion”) is the manager of the Plans. The Plan is maintained by Catalis Regulatory and Compliance, LLC, who is not affiliated with Orion. The Savings Plans are distributed by Northern Lights Distributors, LLC and maintained by Ultimus Fund Solutions, LLC, neither of which are affiliated with Orion. The Plans and the Board do not provide legal, financial, or tax advice and you should consult a legal, financial, or tax advisor before participating.

Non-residents of Texas should consider whether their home state, or the beneficiary’s home state, offers its 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.

Texas Tuition Promise Fund
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.

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 Texas 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 the Plan’s net investment earnings or losses on that amount. The Plan Description and Master Agreement contain 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 the Plan Description and Master Agreement, and all other Plan documents carefully before purchasing a contract.

Texas College Savings Plan and LoneStar 529 Plan
Estimated total asset-based fees are available on the Allocation Worksheets for the Texas College Savings Plan and the LoneStar 529 Plan, and are published in the Plan Descriptions and Savings Trust Agreements, which are reviewed annually. Fees are subject to change.

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. The Plan Descriptions and Savings Trust Agreements contain this and other important information about the Savings Plans and may be obtained by visiting TexasCollegeSavings.com or calling 800-445-GRAD (4723), option 3, for the Texas College Savings Plan, or by visiting LoneStar529.com or calling 800-445-GRAD (4723), option 4, for the LoneStar 529 Plan. Investors should read the Plan Descriptions and Savings Trust Agreements, and all other Savings Plans documents carefully before investing.

Comments or complaints may be submitted by mail to: Prepaid Higher Education Tuition Program, Office of the Comptroller of Public Accounts, P.O. Box 13407, Austin, Texas 78711-3407; or, by phone at: 512-936-2064.

©2024 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. The Texas College Savings Plan and LoneStar 529 Plan are distributed by Northern Lights Distributors, LLC, Member FINRA, SIPC, 4221 N 203rd St, Suite 100, Elkhorn NE 68022.

Compliance code: 2 2 3 5, NLD, March 18, 2021