Thank
you for visiting the Prepaid
Affordable College Tuition (PACT)
Program website. PACT remains closed to enrollment. For information
on your existing PACT account, you may visit our online
access page, call toll-free (800) 252-7228 or e-mail the College
Savings Plan staff at alapact@treasury.alabama.gov. For inquiries by phone, please note our office hours are Monday
through Friday from 8:00 a.m. to 5:00 p.m., CST.
The
next regularly scheduled PACT Board meeting is Wednesday, May 25,
2011, at 1:00 p.m. on the 8th floor of the RSA Corporate Building,
located in Montgomery.
The
PACT Program is a Section 529 pre-paid college tuition program administered
by the State of Alabama Treasurer's office.
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. A Board of Directors oversees the PACT Trust Fund and approves changes to the PACT rules.
Three State Treasury employees manage the daily activities of the
College Savings Program Division, including PACT Program Director
Brenda
Emfinger and Administrative Assistants Mary
Glover and Mary
Frank Crew.