Win a Florida 529 Savings Plan Scholarship

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I am a Florida Prepaid Believer and Customer, while this post is sponsored, all opinions are 100% my own.

Win a Florida 529 Savings Plan Scholarship – 10 Winners!

What’s better than being able to save for your child’s college education? WINNING money towards your child’s college education, that’s what! Florida Prepaid College Plans is celebrating the saving versatility of the Florida 529 Savings Plan by GIVING AWAY $5,290!

What is this amazing Giveaway?

The Florida 529 Savings Plan Scholarship Program will award 10 winners a $529 Scholarship deposited into a Florida 529 Savings Plan account.

Who is eligible to enter?

Only legal residents of the state of Florida who are currently over the age of 18.

How do you enter the Florida 529 Savings Plan Scholarship Program?

Enter to win 1 of 10 $529 Florida 529 Savings Plan Scholarships HERE

When can you enter the Florida 529 Savings Plan Scholarship Program?

Between NOW and May 29, 2016 (529 College Savings Day)

When will winners be announced?

Winners will be selected from among all eligible entries via a random drawing to be conducted on June 1st, 2016 at 3:00 p.m. Eastern Time.

Now that you can entered to win 1 of 10 scholarships to help you save for your child’s college education, I thought I would tell you a bit more about the Florida 529 Savings Plan.

What is the Florida 529 Savings Plan?

The Florida 529 Savings Plan does not have a set payment amount or schedule. A family can contribute as much or as often as desired, and accounts can be opened at any time. There is no minimum contribution to open a Florida 529 Savings account, and there are no application fees.

And for the first time ever, the Florida Prepaid College Board has removed the minimum contribution to open a Florida 529 Savings Plan, opening the door for more families to save for college. Yes, you read that right – you can open a Florida 529 Savings Plan for as little as $1 – THERE IS NO MINIMUM!! They offer 11 investment strategy options, including an age-based option that gets more conservative as the beneficiary gets closer to college age.

Learn more about the Florida 529 Savings Plan HERE

What’s the difference between the Prepaid Plans and the Florida 529 Savings Plan?

Prepaid Plans do have a set payment amount and require a certain amount depending on the plan you selected. You can read more about them here. But, the biggest difference between the Florida Prepaid College Plans and the Florida 529 Savings Plan is that the Florida 529 Savings Plan is subject to fluctuations in the financial markets, while the Prepaid Plans are guaranteed by the State of Florida.

Have questions?

You can call their Customer Service line at 1.800.552.GRAD (4723) and they will answer any and all questions you may have.

Before you go, don’t forget to enter to win one of those scholarships! And be sure to enter by May 29th, 2016.