The Prepaid Affordable College Tuition (PACT) Program is a Section 529 college savings program administered by State Treasurer Kay Ivey's office. PACT is based on a simple concept—pay today for tomorrow's tuition. During the enrollment period of October through December, you may purchase a four-year contract or a one-year contract for the payment of a child's college tuition.

Section 529 of the Internal Revenue Code of 1986 authorizes states to create two types of college savings programs – prepaid tuition plans and college savings plans. Alabama was the third state in the nation to implement a prepaid college tuition program when the Prepaid Affordable College Tuition (PACT) Program began operating in March 1990.

If you have questions, please contact the PACT staff at 800-252-7228 or 334-242-7514.