Tuition Trust Authority

Name Tuition Trust Authority
Contact Person Ms. Shanna Estay - Executive Staff Officer
Mailing Address Post Office Box 91202
Baton Rouge, LA 70821-9202
Phone Number 225-342-0511
Fax Number 225-208-1206
Board Email shanna.estay@la.gov
Website www.statrtsaving.la.gov
Legal Authority LSA-R.S. 17:3091 et seq.
Year Created 1995
Organizational Placement Office of Governor
Purpose/Function Administers the Student Tuition Assistance and Revenue Trust (START) Saving Program. The state's START Saving Program, a Section 529 college tuition savings plan under the Internal Revenue Code, is an innovative college savings plan that offers incentives to families to save as the means of countering the tuition inflation spiral. This program offers a long-term, cost effective way for the state to assist families in meeting the expected inflation in college tuition and related educational costs.
Number of Entity Members: Number Authorized: 23
Number Currently Serving: 18
Number of Entity Meetings: Actual number in prior year: 11
Estimated number in current year: 11
The Entity is:
Active   Inactive   Not fully organized   Disbanded   Never fully organized
Do members receive per diem, salaries, and/or travel expense reimbursements?
Yes   No
Excluding member per diem, salaries, and travel expense reimbursements, does the entity receive or expend funds?
Yes   No
Entity Member Per Diem:
  Amount Authorized: $50      per meeting   per meeting day   per day spent on board business   None

Total entity member per diem:
  Prior year actual: $1550
  Current year budgeted: $8550
Entity Member Salaries:
  Prior year actual: $0
  Current year budgeted: $0
Entity Member Travel Expense Reimbursement:
  Prior year actual: $0
  Current year budgeted: $9500
Number and Type of Authorized Employee Positions:
Classified: 0
Unclassified: 0
Part-time: 0
Entity Fiscal Year End:
4/30         7/31         10/31         Other (identify date)
6/30         9/30         12/31         None
Participation in State Employee Benefit Programs:
    Employees:
       participate in state retirement system(s) and/or state group insurance program(s)
       do not participate in state benefit programs

    Members:
       participate in state retirement system(s) and/or state group insurance program(s)
       do not participate in state benefit programs
A state agency provides: (Check all that apply and identify the state agency)
Per Diem Payments          State Agency: Office of Student Financial Assistance
Travel Reimbursements    State Agency: Office of Student Financial Assistance
Other (explain)    State Agency:
Is this entity a budget unit or included within a budget unit of the State of Louisiana as defined by LSA-R.S. 39:2?
   Yes    No
  If yes, identify the budget unit and the budget schedule number below:
  Budget Unit Name:
  Budget Schedule Number:
Notes --
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