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On Tap

© Shauna Zamarripa

A College Education Has Never Been So Important - Or So Expensive

Today's new jobs rely on new technology, new ideas and new techniques. To find a good job kids need a higher education.

College is already expensive. And by the time your child is ready for college your costs will be even higher - tuition is doubling every ten years.

Pennsylvania's Tuition Account program (TAP) provides a safe and affordable way for families to purchase tomorrow's tuition at today's lower prices. And TAP provides important tax benefits too.

TAP Tuition Credits can be used at any college or technical school, public or private, anywhere in the nation. Once your child's TAP account is established, anyone can contribute - parents, grandparents, even friends. And payroll deductions or automatic savings or checking account deductions make it easier to save.

It all adds up to a smart, low-risk, way to save for college, because TAP guarantees to pay your child's tuition, no matter what happens to tuition costs.

TAP - Safe, Simple, Affordable

Anyone can open a TAP account...
...so long as the purchaser or the child lives in Pennsylvania when the account is opened. The purchaser remains in total control of the account at all times.

TAP funds can be used at any accredited college
...or technical school in America. And TAP offers a special guarantee for Pennsylvania schools. TAP guarantees that the value of your credits will grow just as fast as tuition goes up at any of the 14 state owned Universities, at Penn State, Pitt, Temple, or Lincoln or at any Community College.

You can obtain a full refund at any time for any reason simply by requesting it.

A safe, effective investment
TAP is designed to help parents and grandparents who want an easy, fully guaranteed, method of saving for college tuition. Saving for tuition before your child is ready for college saves thousands, and compared to the cost of student loans, you'll save thousands more! Best of all, the sooner you start, the more you save.

Guaranteeing a college education for your children is the single most important investment of money you can make in their future.

While few would argue against the importance of a college education, many people simply wait too long to start saving.

Consider this: tuition costs have doubled over the past 12 years. And they're expected to double again over the next ten. At that rate, a four-year college education that costs $18,000 today will cost $36,000.

Unfortunately, you can't always rest your hopes on financial aid and scholarships. The number of student grants and loans is actually shrinking, and scholarship awards have become increasingly competitive.