CODE OF VIRGINIA

(EFFECTIVE OCTOBER 1, 2016) ADMISSION TO INSTITUTIONS NOT GUARANTEED; COVERAGE
LIMITATIONS (§ 23.1-711)

Nothing in this chapter or in any prepaid tuition contract or savings trust
agreement entered into pursuant to this chapter shall be construed as a promise
or guarantee:

   1.  By the board or the Commonwealth of any admission to, continued enrollment
   at, or graduation from any public institution of higher education;

   2.  That the beneficiary’s cost of tuition at an institution of higher
   education other than a public institution of higher education will be covered
   in full by the proceeds of the beneficiary’s tuition credits; or

   3.  That any qualified higher education expense will be covered in full by
   contributions to or earnings on any savings trust account.

HISTORY: 1994, c. 661, § 23-38.86; 1999, cc. 485, 518; 2016, c. 588.