Frequently Asked Questions About Florida Prepaid College Plans

Get the answers to all your Frequently Asked Questions About Florida Prepaid College Plans. Plans, Pricing information, promo code for saving on your application and much more.

Saving For College with Florida Prepaid College Plans

Frequently Asked Questions About Florida Prepaid College Plans

One of the most prominent concerns that we as parents have, is how will we be able to afford college tuition for our children. Let’s face it, the prices of secondary education are not cheap, and they seem to rise considerably every year. So what can we as parents do to prepare for our children’s educational future? Well, if you are lucky enough to be a Florida resident you can participate in a Florida Prepaid College Plan.

The Florida Prepaid College Plan is a program where families can go ahead and prepay for their children’s secondary education at a guaranteed fixed rate. The plan is guaranteed by the state of Florida and is the largest plan of it’s kind in the United States. So how does it work? Keep reading and you will find helpful links to all of the information about Florida Prepaid College Plans and 529 Savings Plans that you need to help you decide if it is an option that might be right for your family.

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What is Florida Prepaid College Plans?

Florida Prepaid College Plans allow you to purchase your child’s secondary education while your child is still young. In fact, the younger your child is when you open your Florida Prepaid College Plan account the more affordable your payments will be.

There are several different types of programs that you can choose to enroll your children in and the best part is you cannot lose your investment with a Florida Prepaid College Plan. The cost of all of the plans is less than what college costs are estimated to be in the future, and the payments are invested to make up the difference. No matter what happens in the future the benefit you receive from the plan will always be more than what you paid for it. You will not lose a dime, and you have the peace of mind of knowing that college tuition has been taken care of! Learn What Florida Prepaid College Plans Are.

Is There A Florida Prepaid College Plans Promo Code?

Florida Prepaid College Plans offers promotional codes to help you save on your application fee. The promo code can save you up to $50 on your application fee, which would make it completely free to get started on saving for your child’s college education. The current Florida Prepaid College Plans promo code to help you save on your application fee is TRACY1920. Learn more about Florida Prepaid College Plans promo codes.

What Is Florida Prepaid College Plans Pricing?

Worrying about how you are going to pay for your children’s college education is one of the many things that keeps parents up at night. That’s why Florida Prepaid College Plans are so great, they offer affordable options so that you can go ahead and lock in an affordable rate to pay for your children’s secondary education right now.  There are several different types of Florida Prepaid College plans so that each family can pick out the plan that best fits their needs and budget.

Here are five of the Florida State Prepaid College Plans:

1-Year Florida University Plan
This plan is the most flexible offering and allows you, or another family member to purchase one year’s worth of State University at a time, up to four year’s worth, as your budget allows. This plan currently starts out at just $46.61 per month.

2-Year Florida College Plan
This plan is the most affordable way to earn an AA degree from a Florida College and also guarantees admission to one of Florida’s State Universities. This plan starts out at just $55.42 per month.

4-Year Florida College Plan
This plan offers an affordable option for paying for a bachelor’s degree from a Florida college in a field that is in high demand. This plan starts out at just $119.61 per month.

2+2 Florida Plan
The 2+2 Plan offers the best of both world’s because it allows you to save money on lower level courses while your student receives a bachelor’s degree from one of Florida’s State Universities. This plan starts out as low as $149.45 per month.

4-Year Florida University Plan
This is the most popular of the five plans and provides the largest variety of options to receive your bachelor’s degree from one of Florida’s 12 State Universities. This plan starts at $186.28 per month.

Learn more about Florida Prepaid College Plans Pricing.

When is Florida Prepaid Open Enrollment?

It’s time to start planning and preparing for the future, and not just your future but your children’s educational future as well. If you put off starting a savings plan to pay for your kids college or university expenses you could end up spending a LOT more than you should have to. Beyond that no parent wants their children to have to start their adult life after college with a mountain of debt.

Open enrollment for Florida Prepaid College Plans begins on February 1st and Florida Prepaid College Plans start as low as $46 per month.

The pricing of the Florida Prepaid College Plan is directly related to a state law that was passed in 2014 that restricted the amount of increase of the Tuition Differential Fee to six percent for preeminent State Universities, and zero percent for all other State Universities. Before this law was passed, the increase could be as much as 15 % each year.

You can read more about open enrollment in my Florida Prepaid College Plans Open Enrollment Begins February 1st post.

When Does Florida Prepaid Open Enrollment End?

The Florida Prepaid College Plan’s Open Enrollment period ends on April 30th. That will be the last day that you can lock in your Florida Prepaid Plan at this year’s price. Remember that the price of your plan depends on the age of your student when you open the plan.

How does the Florida Prepaid College Plan work?

The Florida Prepaid College Plan allows you to pay on a monthly or lump sum basis the price of your child’s college education today. The money that you pay will cover the cost of your child’s tuition, fees, and even housing. Instead of paying out of pocket when your child is ready for college, at what will likely be a much higher expense, you are locking in your rate at today’s prices. By choosing the Florida Prepaid College plan you are getting a guarantee from the state of Florida that your child’s educational fees are covered. You can NOT lose money with this plan.

The plan is good for ten years after your child’s anticipated graduation date, and it can be used in conjunction with scholarships. You can use the money to pay for college in any state, not just Florida, and again you will never lose a single penny that you have paid in to the plan. If you still have questions about the Florida Prepaid College Plan Enrollment dates check out this article on Florida Prepaid Open Enrollment.

Florida Prepaid College Plans Coupon Code

Can You Use Florida Prepaid College Plans Out Of State?

Figuring out how you are going to pay for kid’s college education, can be a very stressful and frightening prospect, but it doesn’t have to be! If you are lucky enough to be a Florida resident then you owe it to yourself and your kids to look into the Florida Prepaid College Plan.

You can start paying for your kid’s college education today for as little as $46 per month, and the money you invest in the plan is guaranteed. What if you have a Florida Prepaid College Plan, but you move or your child is accepted to a school that is not in Florida?

Not to worry! You can still use your Florida Prepaid College Plan at colleges and universities around the country. The plan will pay out what it would cost for a Florida University or College.  You can NOT ever lose the money you have paid into the plan, as it is fully guaranteed by the state of Florida.  Learn about using your Florida Prepaid College Plan Out of State.

What Happens to My Florida Prepaid College Plan If My Child Is Awarded A Scholarship?

It is every parent’s dream for their child to be awarded a scholarship for college to help pay for some of the many expenses that college entails, but what happens if you have already paid for a Florida Prepaid College Plan?

Not to worry, because you can use your prepaid college plan along with a scholarship to help pay any expenses that may not be covered. You can also request a refund from the Florida College Savings Plan if no additional funds are needed, or you can use that money to pay for professional or graduate schools nationwide.

You will not ever lose a penny that you have invested in the Florida Prepaid College Savings Plan. If you don’t need any additional funds to pay for school you can request a refund and you will receive funds in the same amount that the Florida Prepaid College Plan would have to pay a public Florida college or university for your type of savings plan. If you would like more information read What Happens to your Florida Prepaid College Plan If Your Child Gets a Scholarship.

What If Your Child Doesn’t Go To College?

Sometimes our plans for the future and our kid’s plans may not be quite the same though. So what happens if your child decides to attend a vocational school instead of a college or university, or what if they don’t want to go to college at all? Do you lose all of the money that you have invested with Florida Prepaid College Plans?

No way! You will not ever lose any of the money that you have paid into the Florida Prepaid College Plan even if your child chooses not to attend college. You can change the beneficiary of your plan to another student, or you can request a refund. For more information check out this article Florida Prepaid College Plans – What If Your Child Doesn’t Go To College.

Florida 529 Savings Plan Info

Looking For Tips On How to Graduate College Debt-Free?

Going to college is an exciting time, but it can be a daunting prospect when you think about how you are going to pay for it. Did you know that Americans now have a staggering 1 trillion dollars of student loan debt!?! Here are a few tips to show you how you can graduate without taking on a ton of debt.

Start saving NOW! Whether you are a parent or a future student the sooner you can start saving the better! If you live in Florida then you should absolutely look into the Florida Prepaid College Plans and see if one of those savings plans might be right for you.

Take Advanced Placement (AP) classes in high school. Advanced Placement classes are commonly offered in undergraduate classes like Sociology, Psychology, History, and Calculus. Passing these classes and the tests at the end of the year can earn you college credits.

Take College classes while you are in high school. Many colleges and universities offer dual enrollment programs for students. Generally these classes allow you to earn credits for high school graduation, and college credits simultaneously.

Apply for financial aid and scholarships. Even if you don’t plan on taking out a loan for college, make sure that you fill out the Free Application For Federal Student Aid (FAFSA). This allows you to be considered for federal grants and scholarships.

If you are interested in learning more about graduating debt free read the article 9 Tips On How To Graduate College Debt Free.

Florida Prepaid College Plans Promo Code

Here Is Your College Preparation Checklist

Beginning to prepare for college, even while your child is still in middle school can seem a bit overwhelming and maybe even a bit rushed, but really it is not. From your child’s first day in high school the grades, clubs, sports, and hours spent volunteering will all be part of their transcript. It is this transcript that can make the difference of receiving a scholarship or not, or even being accepted to their school of choice.

Here are a few items that you need to make sure you can check off before you start applying to schools.

Keep those grades high. Let’s face it Grade Point Average or G.P.A. is one of the first things that admissions counselors look at.

Start Saving NOW. College is expensive and generally it gets more expensive each year. One of the easiest ways for Florida students to start saving for college is to open a Florida Prepaid College Plan or a 529 Savings Plan. These plans are designed to fit into any budget and they can help you start saving for college today.

Volunteer! Start volunteering to help make your community a better place as soon as your high school career begins. It will be easier to find the time while you are a freshman or sophomore than it will be during your whirlwind senior year. Have you heard of the Bright Futures scholarship program? You have to have a certain amount of volunteer hours to qualify, and colleges look at them too.

Start thinking about what kind of career you want to have. This can play a big role in choosing the right college or university for that program.

If you would like more College preparation checklist tips, plus a free printable version read the article College Preparation Checklist – Tips For High School Students.

Parents Back to School Checklist

Heading back to school can be a stressful time for both kids and parents. There are new schedules, new teachers, and maybe even new school’s to get prepared for. So here a re a few things that you can do to make sure that you and your child feel prepared for that first day back.

Organize supplies – Organize your school supplies, make sure that you have all the items on the supply list, and re-stock on anything you might be running low on like pencils, or notebooks.

Walk the school – Most schools will allow student’s and their parents to walk the school before the first day so that students can get familiar with where their classes are. Make sure that you also find out where the restrooms, gym, library, and cafeteria are located.

Prepare for the future. Don’t just plan ahead for this school year, plan for all of the school year’s to come, including college. You can open a Florida Prepaid College Plan or a 529 Savings plan in a matter of minutes and start paying for your child’s college education.

Read more on this Back To School Checklist For Parents article.

Florida Prepaid College Plans Details

 

How To Prepare For Your Financial Future

Remember when you were a kid and the biggest financial decision that you needed to make is which ice cream to buy from the ice cream truck? As we get older the financial decision get bigger and harder, like what house or car to buy, or how to save for those things in the future.

Once you become a parent those decisions get even harder because you are worrying about buying diapers, toys, clothes, and shoes, and the list never ends! Particularly when your kids are young it can be hard to take a minute to think about their financial futures. We have all heard the old saying about not blinking once you have kids because they grow up so fast. Well, it is absolutely true! The next thing you know that toddler will be a ten year old out on the soccer field, and shortly after that a young adult graduating from high school!

So how can you prepare for your child’s future expenses like college? The Florida Prepaid College Plan is a great place to start! They have multiple plans to choose from because the whole idea is making a college education affordable for ALL Florida students. Plans start at just $46 per month and there is certainly a plan to fit your financial needs. If you are interested in learning more please read How To Financially Prepare For the Future.

What Is a Florida 529 Savings Plan?

Let’s face it, having kids is EXPENSIVE. Everything about raising a family is expensive from the diapers, clothes, shoes, school supplies, sports, and dance classes all the way to orthodontia it all costs a lot of money. They are totally worth it of course, but in the midst of all the expenses how are you supposed to save for the future?

They grow up so fast, and the next thing you know it will be time for college, but how do you save for THAT ever increasing expense? When do you start? Is it already too late? Not to worry, it is not too late and you can start saving for your kids college education today!

If you are a Florida resident, in addition to the Florida Prepaid College Plans, we can also open a Florida 529 Savings plan. The Florida 529 Savings Plan allows you to make your own decisions about saving for college and you can enroll anytime you want. You get to decide how much you want to save, when you would like to save it, and how you would like to invest it.

Anyone over the age of 18 who is a U.S. resident with a valid social security number can open a Florida 529 Savings Plan, so that means aunts, uncles, friends, and grandparents can open a plan for their loved ones.

There is no open enrollment period for the Florida 529 Savings Plan so you can start yours anytime you want, and there are no fees associated with opening a plan.  If you are a new Florida resident and have a 529 Savings Plan from another state that is okay because once every 12 months the IRS will allow a “rollover” from one plan to another.

You can use your Florida 529 Savings Plan to pay for any Qualified Higher Education Expense so this might include room and board, tuition, fees, computers, or text books.

You can learn more about this college savings plan by reading the article Florida 529 Savings Plan Frequently Asked Questions.

Newest LEGOLAND Florida Attraction – The Florida Prepaid School House

The Duplo Barn at Lego Land Florida has been transformed into the Florida Prepaid School House! Make sure to stop in on your next visit to cool off and see the transformation. There is now a performance stage, touchscreens to help teach your little ones about exciting careers, school themed play equipment, and of course Duplo bricks!

Florida Prepaid College Plans and LEGOLAND Florida have teamed up to help make even more families aware that thy can start saving for their children’s college education today! You can enroll in a Florida Prepaid College Plan or a 529 Savings Plan anytime. If you enroll outside of the Open Enrollment period you will get the pricing information for your plan when the next Open Enrollment period begins. The pricing does vary from year to year. If you are not satisfied with your plan price once Open Enrollment begins Florida Prepaid customer service specialists will help you choose another plan or payment option to meet your financial needs. If you would like to learn more about the Florida Prepaid School House check out this article Check out the Florida Prepaid Schoolhouse at LEGOLAND Florida.

Florida Prepaid College Plans Information

What Is The Best Gift To Give Kids Living In Florida?

The holiday season is underway and it it is time to start finding those perfect gifts for the ones you love. If there are kid’s in your life it can be hard to pick just the right gift can’t it? Toys break, or the kids lose interest in them quickly, or they just get thrown in the back of the toy closet and donated to charity the next holidays season.

What if you could give the kids in your life a gift that would last a lifetime? You can, by opening a Florida Prepaid College Plan for them! There are several different plans that you can choose from and they are designed to fit the needs of each different family. Plans start at just $46 per month and you would be giving the gift of education, something that can never be taken from them. If you would like to learn more check out this article about The Perfect Gift For Kids Living In Florida.

Education Is The Gift That Lasts a Lifetime

December is here and that means it is time to get to shopping, wrapping, and shipping all of those presents out. Do you spend a lot of time walking the aisles of the toy store trying to find that one perfect gift for the children in your life?

It can be so hard to find the right gift, the cool toy, that gift that is going to win Christmas. Sadly, more often than not most of those toys are a waste of money. They either end up breaking before you get the Christmas decorations put away, or the kids lose interest within a couple of weeks and they just end up taking up space in the toy room or shoved in a closet.

How about instead of buying a toy that won’t last long you make an investment into the future instead? The Florida College Savings Plan allows you to do just that. They have a variety of plans that you can choose from so that they fit into any budget and you can make additional payments for birthdays or holidays in the future. Learn how to Give the Gift of Education.

What Are Some Last Minute Gift Ideas for Kids?

The holidays are here and somehow we always run out of time before finding that perfect gift for everyone. Here are a few last minute gift ideas for kids that they are sure to love.

Apps – You can purchase apps on the app stores like GooglePlay, and guess what? There are tons of apps that are free!

E-books – Yet another purchase you make away from the crowds from the comfort of your couch. Just like apps there are many E-books out there that are free.

Florida Prepaid College Plan Contribution – With a contribution of just $1 you can start a child in your life on the path to receiving a college education. You can make additional contributions anytime.

Get more Last Minute Gift Ideas For Kids.

New Year’s Resolution Ideas

The holidays are rapidly approaching and that means that yet another year is coming to a close. With each New Year people usually find themselves making resolutions to make the new year, and themselves better.  Not all New Year’s resolutions stick though because we often make unreasonable or unrealistic demands of ourselves. Here are a few resolutions that you can make for the New Year that you can definitely stick too.

Read more books. Remember those? The hardback items with a bunch of paper in between them? Just kidding, even if you choose to read on a digital device, take the time to give yourself a mental break and read more.

Take a break from technology sometimes. You don’t always have to check your phone the second that text message come through. Schedule some time, ideally with your family, where you all set down the technology for a little while.

Watch what you eat. This doesn’t have to come in the form of a diet, just be more mindful of the food choices that you make. This will almost certainly impact your health for the better.

Be financially responsible. Pay off some bills, track how you spend, and save for the future. If you have children or grandchildren make sure that your planning for the future includes at least looking into the Florida Prepaid College Plans. There are so many plans available and they allow you to start saving for college today.

Travel more. We always say that we are going to travel and see more, one day, but one day isn’t going to come if you don’t make it a priority. You don’t have to travel the world, look for something you can do as a day trip in a place you have never been before.

If you would like to see more resolution ideas check out this article about New Year’s Resolution Ideas.

Florida Prepaid College Plans Frequently Asked Questions

What Is The Florida Prepaid College Plans Scholarship Giveaway?

Throughout the years the Florida Prepaid College Board has given away numerous scholarships to Florida Residents.  Most recently they gave away 10 scholarships that included 2 years paid tuition and LEGOLAND Florida tickets.  The overall value of each prize was $8,200! Learn more about the most recent Florida Prepaid College Plans Scholarship Giveaway.

If you have any additional questions about Florida Prepaid College Plans or 529 Savings Plans, please feel free to comment below!  If I don’t have the answer to your Frequently Asked Questions About Florida Prepaid College Plans I will make sure to point you in the right direction.  We have been customers for over 10 years and I can honestly say that stating prepaid college plans for our children was the best financial decision we ever made.

Florida Prepaid College Plans FAQs

Learn more about Florida Prepaid College Plans online and feel free to follow Florida Prepaid College Plans on Facebook, Twitter, and YouTube to stay up to date with information on open enrollment but get tips on college and more.

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