Judge to rule later on Ala. prepaid tuition system

MONTGOMERY, AL. (AP) — A Montgomery judge says he will decide by August on a proposal to settle litigation surrounding Alabama's troubled prepaid tuition program.

Montgomery County Circuit Judge Johnny Hardwick listened to more than seven hours of testimony Monday about Alabama's Prepaid College Tuition plan.

The proposed settlement would establish that PACT contracts are paid at the Fall 2010 level, with additional funding to be paid by the contract holder.

The proceedings lasted until 8:30 p.m. Monday as contract holders were allowed to voice their objections to the settlement. The hearing began at 1 p.m.

Copyright 2011 The Associated Press.