Can I change the Beneficiary on my Texas Guaranteed Tuition Plan contract?
If you'd like to change your beneficiary, you can do so as long as you meet the following criteria:
- The original beneficiary has not used any contract benefits.
- The new beneficiary is a member of the beneficiary's family and meets residency requirements.
- The new beneficiary is younger than 18 years of age and has not graduated from high school or 18 years of age or older and enrolled in high school at the time of the change request.
- The new beneficiary cannot have more than five years of combined TGTP contract benefits.
Please download and complete the Change of Beneficiary Form (PDF). There is a $50 fee to change the beneficiary. Please send the completed form and fee and proof of residency for the new beneficiary to:
Texas Guaranteed Tuition Plan
P.O. Box 13407
Austin, Texas 78711-3407
Your payment of $50 payable to the Texas Guaranteed Tuition Plan must accompany the completed form or it will not be processed.
A confirmation packet will be mailed to the Purchaser's address within 2-4 weeks of the receipt of the request.
Ways to prove Texas residency for the beneficiary:
- Less than one year old: birth certificate
- Ages 1-5: documentation from a child care center or provider that reflects 12 months of continuous residency, or a written statement from a parent or guardian that care is provided in the home.
- Grades K-12: report card, progress report, or transcript issued within the past 12 months.
