Michigan Education Trust (MET)

The Michigan Education Trust (MET) is a unique program that allows families to prepay future college tuition and mandatory fees at today's prices. Managed by the State of Michigan, this plan offers families the opportunity to lock in tuition rates and protect against rising costs. It stands out with its prepaid structure, providing peace of mind and financial planning certainty. The MET offers various payment options and allows families to choose from different contract types based on their needs. Additionally, the program offers flexibility in using benefits at eligible educational institutions nationwide, providing families with options for higher education savings.