U.P. School President appointed to state board

LANSING — 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.

(Information Courtesy of Michigan Tech University)