§ 23.1-711

(Effective October 1, 2016) Admission to institutions not guaranteed; coverage limitations

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.

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