Parents of Northwestern students cheer on the Raiders from the stands.

Prepaid tuition plan

Northwestern is one of more than 270 private colleges that participate in the Private College 529 Plan, a prepaid tuition plan that lets you lock in tomorrow’s tuition at less than today’s price. By prepaying tuition now, you get a guarantee against tuition inflation. What’s more, there are no start-up, maintenance or annual fees—and contributions are free from federal taxes.

The Private College 529 Plan is the only 529 specifically tailored for families who wish to send their children to a private college. You can use the plan to help fund the education of a child, grandchild or any loved one.

Private College 529 certificates must be held a minimum of 36 months before they can be redeemed for tuition.