Huntingdon College
Student Financial Services
PACT Program
The Prepaid Affordable College Tuition (PACT) Program is a state program through which contracts are purchased to pay four years of undergraduate tuition and mandatory fees at public institutions in Alabama. The program may also be used at out-of-state and private schools.
PACT benefits can be used for the following: 135 Semester Hours of Undergraduate Tuition and 8 Semester Mandatory Fee Payments. The PACT Contract terminates after payment of these amounts or the awarding of a baccalaureate degree. The payment amount is determined according to the weighted-average tuition at the Alabama public four-year institutions and is recalculated annually. The amount PACT will pay for the 2010 calendar year is as follows:
- Rate per semester hour: $195.40
- Mandatory fees per semester: $106.82
Note: A $25.00 processing fee will be deducted from the payment for each term.
Example
For a 15 credit hour course load, PACT will pay $195.40 per credit hour which would total $2,931.00 for that semester. Add $106.82 for the semester mandatory fees and that brings the total to $3,037.82. Subtract the $25.00 processing fee from the $3,037.82 and the total amount that PACT would pay is $3,012.82 per semester.
