Prepaid Affordable College Tuition (PACT)
The Prepaid Affordable College Tuition (PACT) Program is a Section 529 college savings program administered by State Treasurer's office. PACT is based on a simple concept—pay today for tomorrow's tuition. During the enrollment period of October through December, you may purchase a four-year contract or a one-year contract for the payment of a child's college tuition.
Section 529 of the Internal Revenue Code of 1986 authorizes states to create two types of college savings programs – prepaid tuition plans and college savings plans. Alabama was the third state in the nation to implement a prepaid college tuition program when the Prepaid Affordable College Tuition (PACT) Program began operating in March 1990.
Calhoun PACT STUDENTS
Calhoun Community College students to who wish to utilize their PACT, please contact the Business Office at 256-306-2540 or email firstname.lastname@example.org
. All students should check each term to ensure that their Calhoun account is “Paid”.
For information on PACT, visit the Alabama State Treasury PACT website
. If you have questions, please contact the PACT staff at 800-252-7228 or 334-242-7514.