Governor Appoints Michigan Tech President to Michigan Education Trust Board

Michigan Governor Rick Snyder has appointed Michigan Tech President Glenn Mroz to the board of the Michigan Education Trust (MET).

MET is a prepaid college tuition plan that enables families to pre-purchase tuition based on today’s tuition rates. The plan then covers the future cost of tuition when the child reaches college.

“Glenn has a distinguished career in education and will be a tremendous asset to this board,” Snyder said.

Mroz will serve the remainder of a three-year term expiring Dec. 31, 2015. His appointment is subject to the advice and consent of the Senate.

“It’s a responsibility to help at the State level that I don’t take lightly,” said Mroz.  “The MET program holds funds, but most importantly, it holds a promise for young Michiganders’ education.  It’s an honor to be able to help out.”

MET can be used at any Michigan public university, college or community college. If a student chooses to attend a private or out-of-state institution, the money in the MET plan can be refunded to that institution.

Contributions to a MET prepaid tuition plan are tax deductible.