Is my contribution guaranteed against loss?
Yes. The Texas Guaranteed Tuition Plan is backed by a constitutionally guaranteed trust fund and the full faith and credit of the State of Texas.
The Texas Guaranteed Tuition Plan was created by the Texas Legislature in 1996. In November 1997, Texas voters passed Proposition 13 - a constitutional amendment that put the state's official backing behind the Texas Prepaid Higher Education Tuition Program-thereby guaranteeing the Fund with the full faith and credit of the State of Texas.