MET Contract Purchase Price Calculator

This calculator will allow you to calculate the MET contract purchase price for various options available given the proposed beneficiary's date of birth and current grade. You can use the calculator in two ways - one to calculate the price of a contract for a specific combination of contract type, purchase plan, and semesters purchased, or you can enter the estimated amount that you want to spend, which will display all applicable options. If you have questions regarding MET, please call (800) MET-4-KID or email treasMET@michigan.gov.

MET Contract Purchase Price Calculator
For enrollment year 2024
Enrollment period beginning February 1, 2024 through January 31, 2025

Beneficiary's Date of Birth:   (example 09/06/1998)
Enter the amount you want to spend OR Enter the contract specifics to view the results
Enter an amount with no decimals

Purchase payment plan
Contract Type:
Semesters to Purchase:

* A one-time processing fee will be added to the price of each contract

Pay-As-You-Go Contract Price Calculator

The calculators below may be used to help estimate the amount of contributions required to purchase a desired set of credit hours at the going rate for the contract type you selected above. Or, it may help in deciding how much and how often you want to contribute to a Pay-As-You-Go contract. A reminder that credit hour rates change annually. Credit hour costs will be set each enrollment period to be effective on the first day of enrollment and are subject to increases during that enrollment period.

Select a Contract Type

Select Beneficiary Details

Calculate Contributions or Credit Hours
How many credit hours can my dollars buy me?

Enter amount of contribution(s): $ 

Estimated number of credit hours:

*Based on today’s per credit hour rate in effect.

How much would my desired credit hours cost me?

Desired number of credit hours:

Estimated amount of contribution(s):

*Based on today’s per credit hour rate in effect.

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