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Guaranteed Tuition Certificates (GTCs)
click image to enlarge
Certificates were issued in red (as shown) or blue / actual size 8" by 12"
In the late 1980s Indiana University began offering reduced fee rates through
the sale of Guaranteed Tuition Certificates. Through this program, it was
possible for individuals to purchase blocks of credit hours at the then effect
fee rates. The certificates continue to be accepted as full value payment toward
the current credit hour rates.
Although the GTC program has now been terminated, the University will continue
accepting certificates until they have been consumed or expire.
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Redeeming
Your Certificates |
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To
redeem your certificate value and have that amount applied to your IUPUI
fees, mail your certificates to:
IUPUI Bursar Office,
Guaranteed Tuition Certificates, P.O. Box 6020, Indianapolis IN
46206-6020
(Include a copy of the
Student Bill to ensure proper application, and your name and contact
information. You will be contacted preferably by telephone when
your certificate is received. Only original certificates can be
processes, no copies please.) |
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Selling
Certificates on the Secondary Market |
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Remaining certificates,
which are in the hands of former investors, occasionally are sold by
those investors to others who might use them. Perhaps this has occurred
because a parent or grandparent who made a certificate purchase as an
investment toward the future education for a child or grandchild, finds
that circumstances have changed, and they no longer need those
certificates. Because each certificate has a termination date, usually
20 years after issue, these sellers are interested in locating buyers.
The seller determines the price at which they wish to sell their
certificates. Depending on the negotiations between the buyer and the
seller, the transaction can be beneficial to both parties. You can
take advantage of the secondary GTC market by contacting the University.
Although we do not participate in the sale, we do play an active role in
connecting buyers with sellers.
If you are interested saving toward your future enrollment cost, call
1-812-855-4636. We will add your name to a list of interested buyers.
This listing will be made available to prospective sellers who may
contact you directly.
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