TCA 49-7-806
Tuition contracts
PENDINGUnknown
What does this charge mean?
Families can purchase tuition contracts that lock in current tuition rates, protecting them from future tuition increases at participating Tennessee colleges and universities.
Penalty Details
ClassificationUnknown
Penalty SummaryClassification not specified
The board may enter into a tuition contract with a purchaser for the purchase of tuition units on behalf of a beneficiary through the educational services plan or for the creation and deposit of contributions to a savings account through the educational savings plan, or both; provided, that the total amount of contributions made to both plans on behalf of a single designated beneficiary does not exceed any limits imposed by the board pursuant to § 49-7-805.
View on official sourceLast verified: Feb 25, 2026
Quick Facts
PENDING
TCA Section49-7-806