U.Plan Prepaid Tuition Program

The U-Plan in Massachusetts is a unique 529 plan that offers families a prepaid option for saving for education expenses. Managed by the Massachusetts Educational Financing Authority (MEFA), this plan allows families to prepay future college tuition at today's prices. It stands out with its prepaid structure, providing families with peace of mind and protection against rising tuition costs. The U-Plan offers various payment options and allows families to lock in tuition rates at participating colleges and universities in Massachusetts. Additionally, the plan offers potential state income tax benefits for Massachusetts residents, making it an attractive option for families looking to save for education.