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Get to know College Illinois!

The College Illinois! 529 Prepaid Tuition Program was created by the Illinois General Assembly in 1997 and is administered by the Illinois Student Assistance Commission (ISAC). The program's mission was to provide Illinois families with an affordable and guaranteed way to pay for their children's college education. By purchasing contracts, families could prepay for tuition and mandatory fees at current prices, which the program would then pay out to the student's chosen institution in the future, regardless of tuition inflation. Due to a significant unfunded liability, the program was closed to new enrollment on May 31, 2017, and now focuses on administering and paying out benefits for its existing contract holders.

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College Illinois!

United States

Founded in

1998 (28 Years)

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Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.