<?xml version="1.0" encoding="UTF-8"?><item href="/magazine/summer-2003/pay-now-study-later.html" dsn="news"><pubDate/><title>Pay Now, Study Later</title><excerpt>Westmont has joined nearly 300 other institutions in launching the nation’s first prepaid tuition plan for private colleges and universities. Known as the Independent 529 Plan, it resembles state-sponsored 529 prepaid tuition plans. However, participants can use these funds at independent institutions throughout the nation, rather than being limited to state schools. Under the program, families make payments now and receive certificates redeemable in the future at member institutions.</excerpt><author/><image>
            
            
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