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The Texas Prepaid Higher Education Tuition Board (Board) was established in the Office of the Comptroller of Public Accounts in 1995, to assist young Texans in obtaining a higher education. The Board administers the following State of Texas tax-advantaged plans and programs:
- Texas Guaranteed Tuition Plan (formerly known as the Texas Tomorrow Fund); the state’s original prepaid tuition plan (closed to new enrollment)
- Texas Tuition Promise Fund®, the state’s newest prepaid tuition plan (open for enrollment)
- Texas College Savings Plan®, a direct-sold IRC Sec. 529 college savings plan
- Texas LoneStar 529 Plan®, an advisor-sold IRC Sec. 529 college savings plan
- Texas ABLE Program®, an IRC Sec. 529A savings plan for individuals with disabilities
The Board also administers the Texas Save and Match Program, a savings match program to award scholarships from appropriated funds.
The Board consists of:
- The Texas Comptroller;
- Two members appointed by the Governor with the advice and consent of the Senate; and
- Four members appointed by the Lieutenant Governor, at least two of whom must be appointed from a list of persons recommended by the Speaker of the House of Representatives.
Appointed board members must possess knowledge, skill, and experience in higher education, business, or finance. Members serve for staggered six-year terms.
The Board holds regular quarterly meetings in the city of Austin and may hold other meetings at places and times scheduled by the Board in formal sessions and called by the Presiding Officer. Current board members* are:
- The Honorable Glenn Hegar, Chair
Texas Comptroller
Austin, Texas
- Ms. Sarina Davidson, Member
Fort Worth, Texas
Appointed by Governor Greg Abbott.
Term: May 2, 2023-February 1, 2029 - Ms. Michele Purgason, Member
Arlington, Texas
Appointed by Lieutenant Governor Dan Patrick.
Term: August 13, 2018-February 1, 2023 - Mr. Ben Streusand, Member
Spring, Texas
Appointed by Lieutenant Governor David Dewhurst.
Term: September 21, 2009-February 1, 2013 - Ms. Judy Trevino, Member
San Antonio, Texas
Appointed by Governor Greg Abbott.
Term: October 8, 2018-February 1, 2021 - Mr. Jarrod Winkcompleck, Member
Austin, Texas
Appointed by Lieutenant Governor Dan Patrick.
Term: January 29, 2019-February 1, 2023 - Ms. Deborah Zuloaga, Member
El Paso, Texas
Appointed by Lieutenant Governor David Dewhurst.
Term: March 31, 2010-February 1, 2019
*Members continue to serve until a replacement is appointed.
Minutes of board meetings held during the current fiscal year and immediately preceding fiscal year are available. Minutes of previous meetings are available by contacting the Comptroller’s Open Records office.
The Comptroller serves as presiding officer and executive director of the Board and the Comptroller has designated staff of the Comptroller’s Educational Opportunities and Investments Division to serve as staff of the Board.
More information on the college savings plans and Texas ABLE Program administered by the Board can be found at https://comptroller.texas.gov/programs/education/.
Enabling statutes of the plans and programs administered by the Board can be found at https://statutes.capitol.texas.gov/Docs/ED/htm/ED.54.htm#F.
The Administrative Rules governing the plans and programs administered by the Board can be found at https://texreg.sos.state.tx.us/public/readtac$ext.ViewTAC?tac_view=4&ti=34&pt=1&ch=7.
The Board’s annual reports can be found at https://tgtp.org/reports.
Current and past open meetings of the Texas Prepaid Higher Education Tuition Board can be found by searching on the Secretary of State’s website for %Comptroller% at https://texreg.sos.state.tx.us/public/pubomquery$.startup.
The Sunset Advisory Commission Staff Report of the Texas Prepaid Higher Education Tuition Board can be found at https://www.sunset.texas.gov/reviews-and-reports.