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Numerous SMU faculty members are receiving patents for their inventions and discoveries. Among them is Engineering Professor Choon Sae Lee, who has developed a new form of antenna.

HOW THE INDEPENDENT 529 PLAN WORKS

Beneficiary "Ben" is 8 years old when tuition is purchased and enrolls ten years later in a college that offered a 1.5 percent discount through the Independent 529 Plan.

  • Today's tuition: $20,000
  • Today's cost to Ben’s family: $17,195
  • Ben's eventual scheduled tuition: $32,578
  • Ben presents his Independent 529 Plan Certificate: -$32,578
  • Balance due for tuition: $ 0