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187 (Rev. 0119)STATE OF MICHIGAN DEPARTMENT OF TREASURY LANSINGGRETCHEN WHITMER GOVERNORRACHAEL EMBANKS STATE TREASURERMICHIGAN EDUCATION TRUST BOARD MEETING August 6, 2020 1:00 p.m. Virtual Microsoft
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The Michigan Education Trust (MET) Board is an entity that oversees the Michigan Education Trust, a prepaid tuition program that allows families to prepay for their children's college education at today's rates.
Individuals who have established a MET contract or wish to manage their prepaid tuition plans need to file with the Michigan Education Trust Board.
To fill out the Michigan Education Trust Board forms, individuals must obtain the necessary application documents from the MET website, provide required personal and financial information, and submit the completed forms by the specified deadlines.
The purpose of the Michigan Education Trust Board is to manage the MET program, ensuring that funds are properly invested and allocated to help families with the costs of college tuition.
The following information must be reported on the Michigan Education Trust Board: personal details of the contract holder, beneficiary information, the amount prepaid for tuition, and any changes in financial circumstances or beneficiaries.
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