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January 17, 2012:
Payment of spring 2012 invoices
for private and out-of-state institutions only
The following amounts will be paid
until further notice is received from the Alabama Supreme Court.
Amounts are subject to change due to the pending court ruling on
the PACT settlement.
Tuition
Per semester hour: $247.86
Per quarter hour: $165.24
Fees
Fee payment per semester: $149.33
Fee payment per quarter: $99.55
January 3, 2012:
Payment of spring 2012 invoices
On July 27, 2011, the Circuit Court of Montgomery County issued
approval of the class settlement which provided that future payment by PACT
of tuition and mandatory fees be made at the fall 2010 actual
rates, with any additional expenses to be paid by the PACT
student. PACT complied with the order immediately.
On November 18, 2011, the Alabama Supreme Court issued
an order which stayed, or put on hold, further application of the PACT
settlement while the case is being reviewed on appeal.
Therefore, all future tuition and mandatory fee payments,
including spring 2012, will be made as specified in Act 2010-725
until such time as the appeal is resolved and/or further
instructions are provided by the Alabama Supreme Court.
Please continue
to follow the PACT website for updates on the pending appeal. The
website also contains copies of Act
2010-725, the
settlement,
and other related documents. This
will continue to be the best source for accurate information
concerning PACT.
Click here for information on spring 2012 PACT payments.
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December 27, 2011:
A hearing is scheduled for Monday, January 23, 2012, at
10:30 a.m. in Courtroom 4A of the Montgomery County Courthouse.
The hearing is set on PACT's request that attorneys' fees and
other funds be held by the court until the appeal is resolved.
Please click here to
view PACT's request.
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December 12, 2011:
Payment of fall 2011 invoices
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November 29, 2011:
Statement from Treasurer Young Boozer
regarding the stay issued by the Alabama Supreme Court in the PACT
settlement:
"The PACT program is taking prompt action to comply with the
stay. This is just another step on the path to a final
decision. Given the nature of the case, it is not surprising that
the Court is being cautious and conducting a thorough review. We
remain confident that the settlement is in the best interests of
all PACT program participants."
Click here to
read the court document.
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Class Action Settlement Information
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For information
on your existing PACT account, you may visit our online
access page, call toll-free (800) 252-7228 or e-mail alapact@treasury.alabama.gov.
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