Limited-time holiday offer jump-starts educational savings, provides unforgettable lasting value
Treasury Logo
*FOR IMMEDIATE RELEASE
**November 25, 2024*
*Contact: Ron Leix <
[email protected]>, Treasury, 517-335-2167*
A chance to snag a Black Friday deal [ [link removed] ]
with $50 bonus for college savings [ [link removed] ]
"Limited-time holiday offer jump-starts educational savings, provides unforgettable lasting value"
*LANSING, Mich.* — As the holiday shopping season marks its traditional opening on Black Friday, the *Michigan Education Trust (MET)* wants to help shoppers put a little something extra under their tree on the way to a debt-free college future.
“Black Friday is all about finding deals, and not just on electronics and new clothes. Education is a gift that never goes out of style, and this is one bargain you don’t want to miss,” said *Diane Brewer*, executive director of MET, Michigan’s 529 prepaid tuition savings program.
MET allows families to prepurchase college credits at today’s prices, protecting against future tuition hikes. Plus, purchases made before *Dec. 31, 2024*, qualify for a *Michigan state income tax deduction* this year for eligible Michigan residents. MET funds can be used to pay out-of-state and Michigan private college and university tuition. MET credits can also be transferred to other eligible family members.
With the *Black Friday Bonus promotion*, purchasers can score a $50 bonus while building for a brighter future for young people who may be years away from visions of college dancing in their heads but whose families are already planning to foot the bill.
Brewer encouraged Michiganders to “take a break from the shopping carts and long checkout lines.”
“With tuition prices rising, MET is a smart, practical gift for your family’s future and one that lasts a lifetime,” Brewer said. “Our Black Friday promotion offers an easy and rewarding way for families to invest in a brighter tomorrow, but don’t wait because the bonus deal ends on Cyber Monday.”
From *Friday, Nov. 29, 2024, through Monday, Dec. 2, 2024*, MET is offering the bonus to families who start or grow their college savings with a MET 529 prepaid tuition savings plan.
For details and eligibility requirements, visit Black Friday Bonus Rules. [ [link removed] ]
*How it works:*
* *New Customers:* Open a new Pay-As-You-Go MET account using coupon code *BLKFRI24* and make your initial credit hour payment to get a $50 bonus.
* *Existing Customers:* Contribute *$200 or more* to an existing Pay-As-You-Go MET account during the promotional period to claim your $50 bonus.
*Why MET makes the perfect gift:*
* *Portable and Flexible:* Funds can be used at colleges, universities and technical schools nationwide.
* *Transferable:* Share benefits with family members or get a refund if plans change.
* *Tax-Free:* Withdrawals for qualified educational expenses are free from state and federal taxes.
Additional information about MET can be found at www.michigan.gov/setwithmet [ [link removed] ].
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Lansing, Michigan 48922 | 517-335-7508 | Contact Us [ [link removed] ]
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