2013-2014 PENNSYLVANIA 529 GUARANTEED SAVINGS PLAN CREDIT RATE SCHEDULE

2013-2014 PENNSYLVANIA 529 GUARANTEED SAVINGS PLAN CREDIT RATE SCHEDULE

(See the GSP Disclosure Statement for the methodology used to determine Credit Rates) Rates are effective from September 1, 2013 through August 31, 2014 1 AVERAGE TUITION LEVELS CODE AVERAGE LEVEL STATUS GSP GSP CREDIT RATE SEMESTER RATE 2 11999 State System of PA Resident $275.92 $3,311.04 Higher Education Non-Resident $593.23 $7,118.76 12999 State-Related PA Resident $673.28 $8,079.36 Universities 3, 4 Non-Resident $1,076.66 $12,919.92 14999 Community Resident $111.16 N/A Colleges Out-of-District $216.32 N/A Out-of-State $324.48 N/A 21999 Ivy League Colleges N/A $1,800.44 $21,605.28 22999 Private Four- N/A $1,267.89 $15,214.68 Year Colleges STATE SYSTEM OF HIGHER EDUCATION CODE SCHOOL STATUS GSP GSP CREDIT RATE SEMESTER RATE 2 11001 Bloomsburg PA Resident $275.92 $3,311.04 11006 California PA Resident $275.92 $3,311.04 Non-Resident $538.09 $6,457.08 Special Non-Resident 5 $413.92 $4,967.04 11011 Cheyney PA Resident $275.92 $3,311.04 Non-Resident $455.34 $5,464.08 International 5 $455.34 $5,464.08 11016 Clarion PA Resident $275.92 $3,311.04 Non-Resident $413.92 $4,967.04 International 5 $413.92 $4,967.04 11021 East Stroudsburg PA Resident $275.92 $3,311.04 Special Non-Resident 5 $413.92 $4,967.04 11026 Edinboro PA Resident $275.92 $3,311.04 Non-Resident $413.92 $4,967.04 International 5 $413.92 $4,967.04 11031 Indiana PA Resident $275.92 $3,311.04 Special Non-Resident 5 $469.09 $5,629.08 PAGE 2 Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule

STATE SYSTEM OF HIGHER EDUCATION (continued) CODE SCHOOL STATUS GSP GSP CREDIT RATE SEMESTER RATE 2 11036 Kutztown PA Resident $275.92 $3,311.04 Special Non-Resident 5 $413.92 $4,967.04 Special Non-Resident A 5 $551.84 $6,622.08 11041 Lock Haven PA Resident $275.92 $3,311.04 Non-Resident $606.50 $7,278.00 Special Non-Resident 5 $551.84 $6,622.08 11046 Mansfield PA Resident $275.92 $3,311.04 Special Non-Resident 5 $455.34 $5,464.08 11051 Millersville PA Resident $275.92 $3,311.04 Special Non-Resident 5 $551.84 $6,622.08 Special Non-Resident A 5 $482.92 $5,795.04 11056 Shippensburg PA Resident $275.92 $3,311.04 Non-Resident $620.84 $7,450.08 Special Non-Resident 5 $413.92 $4,967.04 Special Non-Resident A 5 $482.92 $5,795.04 International 5 $620.84 $7,450.08 11061 Slippery Rock PA Resident $275.92 $3,311.04 Non-Resident $551.84 $6,622.08 Special Non-Resident 5 $413.92 $4,967.04 International 5 $551.84 $6,622.08 11066 West Chester PA Resident $275.92 $3,311.04 All Universities International $689.84 $8,278.08 (except for schools with specified international rates) 5 STATE OWNED SCHOOL CODE SCHOOL STATUS GSP GSP CREDIT RATE SEMESTER RATE 2 12001 Thaddeus Stevens PA Resident $300.00 $3,600.00 College of Technology Non-Resident $300.00 $3,600.00 STATE-RELATED UNIVERSITIES Pennsylvania State University 3 UNIVERSITY PARK CAMPUS 12041 Standard 6 PA Resident $739.49 $8,873.88 Non-Resident $1,298.21 $15,578.52 12046 Upper Division PA Resident $813.91 $9,766.92 Category 1 7, 9 Non-Resident $1,381.81 $16,581.72 Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule PAGE 3

STATE-RELATED UNIVERSITIES (continued) Pennsylvania State University 3 UNIVERSITY PARK CAMPUS 12052 Upper Division PA Resident $917.43 $11,009.16 Nursing 9 Non-Resident $1,498.94 $17,987.28 12053 Upper Division PA Resident $813.91 $9,766.92 Category 2 8, 9 Non-Resident $1,381.81 $16,581.72 ABINGTON CAMPUS 12049 Standard 6 PA Resident $584.29 $7,011.48 Non-Resident $881.18 $10,574.16 12050 Upper Division PA Resident $647.58 $7,770.96 Category 1 7, 9 Non-Resident $951.62 $11,419.44 12056 Upper Division PA Resident $647.58 $7,770.96 Category 2 8, 9 Non-Resident $951.62 $11,419.44 12200 Upper Division PA Resident $647.58 $7,770.96 Category 3 10, 11 Non-Resident $951.62 $11,419.44 ALTOONA CAMPUS 12045 Standard 6 PA Resident $615.16 $7,381.92 Non-Resident $929.85 $11,158.20 12048 Upper Division PA Resident $682.29 $8,187.48 Category 1 7, 9 Non-Resident $1,004.98 $12,059.76 12055 Upper Division PA Resident $682.29 $8,187.48 Category 2 8, 9 Non-Resident $1,004.98 $12,059.76 12059 Upper Division PA Resident $682.29 $8,187.48 Category 3 10, 11 Non-Resident $1,004.98 $12,059.76 BERKS CAMPUS 12045 Standard 6 PA Resident $615.16 $7,381.92 Non-Resident $929.85 $11,158.20 12048 Upper Division PA Resident $682.29 $8,187.48 Category 1 7, 9 Non-Resident $1,004.98 $12,059.76 12055 Upper Division PA Resident $682.29 $8,187.48 Category 2 8, 9 Non-Resident $1,004.98 $12,059.76 12059 Upper Division PA Resident $682.29 $8,187.48 Category 3 10, 11 Non-Resident $1,004.98 $12,059.76 12058 Upper Division PA Resident $682.29 $8,187.48 Category 4 11, 12 Non-Resident $1,004.98 $12,059.76 PAGE 4 Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule

STATE-RELATED UNIVERSITIES (continued) Pennsylvania State University 3 ERIE CAMPUS 12042 Standard 6 PA Resident $615.16 $7,381.92 Non-Resident $929.85 $11,158.20 12047 Upper Division PA Resident $682.29 $8,187.48 Category 1 7, 9 Non-Resident $1,004.98 $12,059.76 12054 Upper Division PA Resident $682.29 $8,187.48 Category 2 8, 9 Non-Resident $1,004.98 $12,059.76 HARRISBURG CAMPUS 12043 Standard 6 PA Resident $615.16 $7,381.92 Non-Resident $929.85 $11,158.20 12047 Upper Division PA Resident $682.29 $8,187.48 Category 1 7, 9 Non-Resident $1,004.98 $12,059.76 12054 Upper Division PA Resident $682.29 $8,187.48 Category 2 8, 9 Non-Resident $1,004.98 $12,059.76 LEHIGH VALLEY CAMPUS 12044 Standard 6 PA Resident $584.29 $7,011.48 Non-Resident $881.18 $10,574.16 12051 Upper Division PA Resident $635.83 $7,629.96 Category 1 7, 9 Non-Resident $934.31 $11,211.72 12057 Upper Division PA Resident $635.83 $7,629.96 Category 2 8, 9 Non-Resident $934.31 $11,211.72 12201 Upper Division PA Resident $635.83 $7,629.96 Category 3 10, 11 Non-Resident $934.31 $11,211.72 12202 Upper Division PA Resident $635.83 $7,629.96 Category 4 11, 12 Non-Resident $934.31 $11,211.72 SCHUYLKILL CAMPUS 12044 Standard 6 PA Resident $584.29 $7,011.48 Non-Resident $881.18 $10,574.16 12051 Upper Division PA Resident $635.83 $7,629.96 Category 1 7, 9 Non-Resident $934.31 $11,211.72 12057 Upper Division PA Resident $635.83 $7,629.96 Category 2 8, 9 Non-Resident $934.31 $11,211.72 Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule PAGE 5

STATE-RELATED UNIVERSITIES (continued) Pennsylvania State University 3 SHENANGO CAMPUS 12040 Standard 6, 20 PA Resident $573.64 $6,883.68 Non-Resident $865.19 $10,382.28 OTHER CAMPUSES 13 12044 Standard 6 PA Resident $584.29 $7,011.48 Non-Resident $881.18 $10,574.16 12051 Upper Division PA Resident $635.83 $7,629.96 Category 1 7, 9 Non-Resident $934.31 $11,211.72 12057 Upper Division PA Resident $635.83 $7,629.96 Category 2 8, 9 Non-Resident $934.31 $11,211.72 12202 Upper Division PA Resident $635.83 $7,629.96 Category 4 11, 12 Non-Resident $934.31 $11,211.72 Lincoln University 12026 Standard PA Resident $292.42 $3,509.04 Non-Resident $483.42 $5,801.04 Temple University 6 12103 Allied Health PA Resident $683.75 $8,205.00 Non-Resident $1,156.75 $13,881.00 12060 Communications & PA Resident $596.09 $7,153.08 Theatre 19 Non-Resident $1,013.84 $12,166.08 12061 General Studies PA Resident $571.09 $6,853.08 Non-Resident $988.84 $11,866.08 12062 Tyler School of Art PA Resident $769.84 $9,238.08 Non-Resident $1,250.67 $15,008.04 12063 Fox School of Bus. PA Resident $741.00 $8,892.00 and Management 14 Non-Resident $1,292.17 $15,506.04 12064 Tourism & PA Resident $741.00 $8,892.00 Hospitality 14 Non-Resident $1,292.17 $15,506.04 12065 Engineering 15 PA Resident $662.00 $7,944.00 Non-Resident $1,077.50 $12,930.00 12067 Science & PA Resident $639.42 $7,673.04 Technology 18 Non-Resident $1,056.42 $12,677.04 PAGE 6 Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule

STATE-RELATED UNIVERSITIES (continued) Temple University 6 12068 Esther Boyer PA Resident $648.00 $7,776.00 School of Music Non-Resident $1,099.50 $13,194.00 12069 Architecture PA Resident $655.50 $7,866.00 Non-Resident $1,092.25 $13,107.00 PA College of Technology 2 12098 Standard PA Resident $416.00 N/A Non-Resident $624.00 N/A University of Pittsburgh 3 PITTSBURGH CAMPUS 12076 Arts & PA Resident $717.27 $8,607.24 Sciences Non-Resident $1,159.21 $13,910.52 12084 Business PA Resident $801.10 $9,613.20 Administration Non-Resident $1,305.92 $15,671.04 12085 Dental PA Resident $696.87 $8,362.44 Medicine Non-Resident $1,153.64 $13,843.68 12077 Education PA Resident $717.27 $8,607.24 Non-Resident $1,159.21 $13,910.52 12078 Engineering PA Resident $765.15 $9,181.80 Non-Resident $1,266.62 $15,199.44 12071 General PA Resident $717.27 $8,607.24 Studies Non-Resident $1,159.21 $13,910.52 12079 Health & PA Resident $902.95 $10,835.40 Rehabilitation Non-Resident $1,473.32 $17,679.84 12080 Information PA Resident $772.48 $9,269.76 Sciences Non-Resident $1,252.31 $15,027.72 12081 Nursing PA Resident $902.95 $10,835.40 Non-Resident $1,473.32 $17,679.84 12083 Social Work PA Resident $717.27 $8,607.24 Non-Resident $1,159.21 $13,910.52 BRADFORD CAMPUS 12072 Standard PA Resident $539.19 $6,470.28 Non-Resident $1,007.53 $12,090.36 12086 Nursing PA Resident $690.77 $8,289.24 Non-Resident $1,284.90 $15,418.80 Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule PAGE 7

University of Pittsburgh 3 (continued) GREENSBURG CAMPUS 12073 Standard PA Resident $539.19 $6,470.28 Non-Resident $1,007.53 $12,090.36 JOHNSTOWN CAMPUS 12074 Standard PA Resident $539.19 $6,470.28 Non-Resident $1,007.53 $12,090.36 12087 Engineering PA Resident $578.41 $6,940.92 Non-Resident $1,102.40 $13,228.80 12088 Nursing PA Resident $690.77 $8,289.24 Non-Resident $1,284.90 $15,418.80 12089 Respiratory Care PA Resident $576.64 $6,919.68 Non-Resident $1,076.88 $12,922.56 TITUSVILLE CAMPUS 12075 Standard PA Resident $465.70 $5,588.40 Non-Resident $879.72 $10,556.64 12090 Nursing 16 PA Resident $677.26 $8,127.12 Non-Resident $1,259.73 $15,116.76 COMMUNITY COLLEGE TUITION LEVELS 2 CODE SCHOOL STATUS GSP GSP CREDIT RATE SEMESTER RATE 17 14000 Allegheny County Resident $99.75 Out-of-District $199.50 Out-of-State $299.25 14026 Beaver County Resident $115.00 Out-of-District $230.00 Out-of-State $345.00 14009 Bucks County Resident $123.00 Out-of-District $246.00 Out-of-State $369.00 14010 Butler County Resident $93.00 Out-of-District $186.00 Out-of-State $279.00 14030 Delaware County Resident $105.00 Out-of-District $210.00 Out-of-State $315.00 PAGE 8 Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule

COMMUNITY COLLEGE TUITION LEVELS 2 (continued) CODE SCHOOL STATUS GSP GSP CREDIT RATE SEMESTER RATE 17 14001 Harrisburg Area Resident $142.50 Out-of-District $201.00 Out-of-State $301.50 14028 Lehigh-Carbon County Resident $98.00 $1,470.00 Out-of-District $196.00 $2,940.00 Special Out-of-District 5 $147.00 $2,205.00 Out-of-State $294.00 $4,410.00 14029 Luzerne County Resident $110.00 $1,650.00 Out-of-District $220.00 $3,300.00 Special Out-of-District 5 $110.00 $1,650.00 Out-of-State $330.00 $4,950.00 14005 Montgomery County Resident $125.00 Out-of-District $250.00 Out-of-State $375.00 14027 Northampton County Resident $88.00 Out-of-District $176.00 Special Out-of-District 5 $147.00 Out-of-State $264.00 14012 Pennsylvania Resident $102.00 $1,530.00 Highlands Out-of-District 5 $179.00 $2,685.00 Special Out-of-District 5 $204.00 $3,060.00 Out-of-State $306.00 $4,590.00 14006 Philadelphia Resident $153.00 Out-of-District $306.00 Out-of-State $459.00 14035 Reading Area Resident $109.00 Out-of-District $218.00 Out-of-State $327.00 14032 Westmoreland Area Resident $93.00 Out-of-District $186.00 Out-of-State $279.00 Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule PAGE 9

ENDNOTES 1 The credit rate for a particular school or average Tuition Level is subject to change in the event that the school, or a school included in the average, changes its tuition rate for academic year 2013-2014. Some of the credit rates reflect the assessment of a premium designed to maintain the fiscal integrity of the Guaranteed Savings Plan (see endnote 3). 2 Community Colleges (except Lehigh-Carbon, Luzerne, and Pennsylvania Highlands) and the PA College of Technology charge only by the academic credit, not by the semester. Therefore, semester rates are not listed. Typically, a full-time student at these schools takes 15 credits per semester. For other Tuition Levels, the GSP Semester Rate is 12 GSP Credits. 3 The following credit rates include premiums: State-Related University Average (6%), Pennsylvania State University-all Tuition Levels (6%), and University of Pittsburgh-all Tuition Levels (6%). 4 In calculating the State-Related University Average, all State-Related University Tuition Levels that were used in calculating the average for academic year 2004-05 were used; any Tuition Levels that were added in academic year 2005-06 or after were not included. 5 In order to be eligible for this credit rate, certain conditions apply. Please contact the school for more information. 6 The rates for this Tuition Level are based on the average of Freshman, Sophomore, Junior, and Senior tuition charges for all programs of study except those for which separate Tuition Levels are specified. Starting in academic year 2016-17, for beneficiaries at this Tuition Level, all payments from the GSP at this Tuition Level will be made at the Average Actual Tuition of the class levels used in calculating the rates (Average) regardless of the academic status of the beneficiary. For academic years 2013-14 until 2016-17, payment will be made at the Average tuition rate or the Actual Tuition set by the school for the class level which the beneficiary has attained (Actual) as indicated in the following chart: Payment rate in Academic year Beneficiaries who are Freshmen in 2013-14 Beneficiaries who are Sophomores in 2013-14 Beneficiaries who are Juniors in 2013-14 2013-14 Average Average Actual Actual 2014-15 Average Actual Actual 2015-16 Average Actual 2016-17 Average Beneficiaries who are Seniors in 2013-14 For all academic years, for beneficiaries at this Tuition Level who attend a private or out-of-state school, payment from the GSP will be made at the Average Actual Tuition rate. 7 For all campuses, Category 1 programs of study include the Smeal College of Business. Additionally, the following programs of study at the indicated campuses are included: The Department of Business at Altoona, Berks, and Other Campuses (including Abington); the School of Business at Erie; and Business Administration at Harrisburg and Schuylkill. For information on the specific majors in this category, contact Pennsylvania State University. 8 For all campuses, Category 2 programs of study include the College of Engineering, the College of Earth and Mineral Sciences, the Eberly College of Science, and the School of Information Sciences and Technology. Additionally, for the following campuses, the indicated programs of study are included: at Other Campuses, the Department of Science; at Mont Alto, the Occupational Therapy program; at Erie, the School of Science, the School of Engineering and Engineering Technology; at Harrisburg, Science/Engineering; and at Schuylkill, Science/Engineering. For information on the specific majors in this category, contact Pennsylvania State University. 9 This Tuition Level was added effective September 1, 2003. For contributions made before September 1, 2003, retroactive conversion to this new Tuition Level is available only for beneficiaries actually enrolled in the academic program associated with this Tuition Level. 10 For all campuses, Category 3 programs of study include the Bachelor of Science in Science program. 11 This Tuition Level was added effective September 1, 2004. For contributions made before September 1, 2004, retroactive conversion to this new Tuition Level is available only for beneficiaries actually enrolled in the academic program associated with this Tuition Level. PAGE 10 Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule

ENDNOTES (continued) 12 For all campuses, Category 4 programs of study include the Bachelor of Science in Business program. 13 Includes the following locations: Beaver, Delaware County, DuBois, Fayette, Hazleton, Greater Allegheny (formerly McKeesport), Mont Alto, New Kensington, Shenango, Wilkes-Barre, Worthington-Scranton, and York. Included in prior GSP Tuition Rate Schedules as Other Branches or Commonwealth Campus. 14 This Tuition Level was added effective September 1, 2007. For contributions made before September 1, 2007, retroactive conversion to this new Tuition Level is available only for beneficiaries actually enrolled in the academic program associated with this Tuition Level. 15 This Tuition Level was added effective September 1, 2008. For contributions made before September 1, 2008, retroactive conversion to this new Tuition Level is available only for beneficiaries actually enrolled in the academic program associated with this Tuition Level. 16 This Tuition Level was added effective September 1, 2005. For contributions made before September 1, 2005, retroactive conversion to this new Tuition Level is available only for beneficiaries actually enrolled in the academic program associated with this Tuition Level. 17 Lehigh-Carbon Community College instituted a new tuition rate structure in academic year 2005-06. Luzerne County Community College and Pennsylvania Highlands Community College instituted a new tuition rate structure in academic year 2008-09. Students taking between 12-18 credits per semester are charged a flat rate. Unlike semester rates for most schools, which are based on 12 credits (see endnote 2 above), Lehigh-Carbon and Luzerne County have made their semester rates the cost of 15 credits at the per-credit cost and Pennsylvania Highlands has made its semester rate the cost of approximately 15 credits at the per-credit cost. Accordingly, the GSP Credit Semester Rate is equal to the cost of 15 GSP Credits. This means that the equivalent of 15 GSP Credits are needed for a beneficiary who takes between 12 and 18 academic credits using a GSP account at Lehigh-Carbon Community College, Luzerne County Community College or Pennsylvania Highlands Community College. 18 This Tuition Level was added effective September 1, 2011. For contributions made before September 1, 2011, retroactive conversion to this new Tuition Level is available only for beneficiaries actually enrolled in the academic program associated with this Tuition Level. 19 This is a new Tuition Level effective September 1, 2012. For contributions made before September 1, 2012, retroactive conversion to this new Tuition Level is available only for beneficiaries actually enrolled in the academic program associated with this Tuition Level. 20 This is a new Tuition Level effective September 1, 2013. For contributions made before September 1, 2013, retroactive conversion to this new Tuition Level is available only for beneficiaries actually enrolled in the academic program associated with this new Tuition Level. This Tuition Level pertains to the Standard Tuition Level at Shenango Campus. For Upper Division, Categories 1,2, and 3, please see Tuition Level codes 12051, 12057, and 12202. Pennsylvania 529 Guaranteed Savings Plan Credit Rate Schedule PAGE 11