Yes. The Texas Guaranteed Tuition Plan's tuition benefits can be used at any Texas public or private college or university covered by the particular plan chosen by the purchaser. You do not have to name a specific school when you buy the contract. There is even a provision that allows students to attend out-of-state colleges and use their Plan benefits.

When the beneficiary graduates from high school and is accepted at a college or university, the contract becomes redeemable. In the spring of his or her senior year in high school, the beneficiary is sent a student identification card and handbook describing the procedures for using contract benefits the semester before high school graduation. The college or university will bill the Plan for tuition and required fees on behalf of the beneficiary; the beneficiary will be required to pay any additional charges not covered by the Plan.

If the beneficiary plans to go to school outside of Texas, an Intent to Enroll in an Out-of-State College or University form should be submitted to the Plan 60 days in advance of enrollment. After the Plan receives the form, a third-party bill letter is sent to the school. The letter will contain billing instructions and the amount the Plan will pay per credit hour on behalf of the beneficiary.