PACT

The Alabama Legislature set aside much of the federal surplus of funds to pay off debts and fund reserves.

The board approved a 10 percent increase to the current rate paid by the PACT Program for tuition and fees.

Alabama State Treasurer and PACT Board Chairman John McMillan announced that directors of the Alabama PACT Program approved a 7 percent increase to the current rate paid by the PACT Program for tuition and fees. This increase is effective fall semester 2019. “We are able to protect and enhance account holder’s investments thanks to the … Continued

By Beth Clayton Alabama Political Reporter MONTGOMERY–A Democrat has announced that he plans to contest Lieutenant Governor Kay Ivey in the 2014 election. Scott Ninesling, a paramedic from Pine Level, has joined Miranda Joseph on the list of Democrats for statewide office in the coming cycle. Ninesling has never sought public office before now, but … Continued

By Brandon Moseley Alabama Political Reporter Alabama House of Representatives Members Jay Love (R) from Montgomery and Mary Sue McClurkin (R) from Indian Springs have introduced a House Bill that would attempt to change Alabama law so that the PACT class action settlement can by reinstated.  The Alabama Supreme Court has recently overturned the settlement … Continued

By Brandon Moseley and Susan BrittAlabama Political Reporter  Senate Minority Leader Roger Bedford (D) from Russellville and House Minority Leader Craig Ford (D) from Gadsden held a press conference Tuesday to announce their plan to fully fund the Pre-paid Affordable College Tuition (PACT) program. Ford said, “The problem from day one that I have had … Continued