What if my child enters a U.Plan college early or defers enrollment?
It may be possible to use your tuition certificate up to two years before the scheduled maturity. However, MEFA cannot guarantee that funds will be available to meet such early redemption requests because the investment is an illiquid asset. If your child defers enrollment, you may defer use of the certificate proceeds for up to six years, but the value of the tuition percentage guarantee is calculated as of the year of maturity. The student is responsible for any increase in tuition costs from the year of maturity.