Michigan residents expecting a tax refund can put it to good use by investing in a child's future. Purchasing a semester or two of college tuition through the Michigan Education Trust allows you to lock-in tomorrow's tuition at today's rates, and brings an all-important college education a little closer for a child or loved one.

"There is no better time to start saving than today," said State Treasurer Robert J. Kleine. "Higher education is essential to secure the good-paying jobs of the future. A MET contract is a guaranteed way to protect against future tuition increases. Using a tax refund to purchase even one semester of prepaid tuition will help defray future college costs."

Parents, grandparents, and others can purchase a MET contract for as little as one semester of tuition. MET contracts range from one to eight semesters (four years) of education and several convenient payment options are available, including monthly payroll deduction.

MET enrollment runs through August 31, 2008. MET online enrollment information is available at www.SETwithMET.com.

Since its debut in 1988 as the nation's first guaranteed tuition program, MET has sold more than 84,400 contracts and now has assets of more than $1 billion. Not only are MET contracts portable to Michigan private and out-of-state colleges and universities, they may be transferred to other eligible family members. Since 1988, well over 90 percent of high school graduates with MET contracts have gone on to attend a college or university. For more information about Michigan's college savings plans, visit www.SETwithMET.com (MET) or www.misaves.com (MESP), or call 1-800-MET-4-KID or 1-877-861-MESP.

Tomorrow's tuition at today's prices?Get SET With MET!