Putting money aside for college can feel like a big financial commitment, but Nevada families have an opportunity to get a head start for just $1.
The state's Prepaid Tuition Program is now accepting enrollments for the 2026-27 year, giving families a chance to lock in current in-state tuition rates before future increases.
The annual enrollment period runs through April 30, 2027. While the program typically charges a $100 enrollment fee, the Nevada Treasury has lowered it to $1 for this year's enrollment period.
The program allows families to choose from five different plans and four payment options to help prepare for their children's future college expenses.
The opportunity comes as college costs continue to climb across Nevada. The cost per university credit hour has increased from $91 during the 2004-05 school year to $312.75 for the 2026-27 school year.
Earlier this year, the Nevada System of Higher Education Board of Regents approved tuition and fee increases for the University of Nevada, Reno, the University of Nevada, Las Vegas, Nevada State University and the state's community colleges.
Nevada State Treasurer Zach Conine said the program gives families a way to prepare for those rising costs and secure current tuition rates.
“With tuition costs continuing to rise, the Nevada Prepaid Tuition Program gives families a way to plan ahead and protect their investment in their children’s future,” Conine said. “With enrollment starting at just $1 this year, we’re making it easier for more Nevada families to get started, lock in today’s tuition rates and take a meaningful step toward making higher education more affordable.”
Families can also combine prepaid tuition benefits with financial aid, scholarships and other savings plans. Those options include the Millennium Scholarship and 529 savings programs when used in-state.
For more than 27 years, the program has helped more than 9,400 students attend more than 300 institutions nationwide and has paid out more than $184.2 million in tuition benefits.
Dr. Tya Mathis-Coleman, deputy treasurer for college savings at the Nevada Treasury, said the program is designed to give families flexibility when planning for future education expenses.
“Starting to save for college can feel overwhelming, but the Nevada Prepaid Tuition Program gives families a practical way to take that first step,” Mathis-Coleman said. “With flexible plans and payment options, and a minimal enrollment fee this year, we’re helping families begin planning for their children’s education in a way that works for their budget and gives them greater confidence about future college costs.”
Families interested in learning more about the program or enrolling can visit nvigate.gov/programs/nevada-prepaid-tuition
