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My child decided not to go to a U.Plan participating college. What happens to my investment?

April 26, 2017child college decided happens Investment u.plan

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My child decided not to go to a U.Plan participating college. What happens to my investment?

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We will send you a form during the spring of the year your U.Plan account matures. You will let us know which college your student has chosen. If your student chooses a college that is not one of our participating colleges, we will send your investment amount plus interest at the rate of CPI directly to you in a Fidelity Investment envelope. You may also transfer the funds to another beneficiary within your family. Call our MEFA representatives at 1.800.449.MEFA (6332) for assistance.