Quick facts about the Nevada Prepaid Tuition Program

  • Program was established in 1998 and is one of 12 prepaid tuition programs left open in the country!
  • The program is sold in Nevada however the benefits can be used nationwide at eligible higher education institutions.
  • Currently over 23,200 families have purchased Nevada Prepaid Tuition contracts.
  • Program oversight is provided by the Trustees of the College Savings Board of Nevada.
  • The College Savings Board traditionally meets 4-6 times a year and the meetings are open to the public.
  • The statutes governing the administration of the program are found in NRS 353B.
  • The program is required by statute to have an independent audit conducted every year. The audit report is provided and included in the published annual report of the program.
  • The program is required by statute to have an independent annual actuarial analysis completed. This actuarial audit identifies funded status. The funded status of any program should be 100%. As of the last actuarial analysis (June 30, 2022) the Nevada Prepaid Tuition funded status is 189.7%!

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