Florida Prepaid College Plan

2+2 Tuition Plan

Many students prefer beginning the pursuit of a bachelor’s degree at a Florida community college, because of its lower cost and often smaller size. Then they enroll at a state university for the final years of undergraduate education.* Our 2+2 Tuition Plan is the perfect way to fund this course of study.

The 2+2 Tuition Plan covers the required registration fee (tuition, building, capital improvement and student financial aid fees) at any of the state’s 28 community colleges and 11 state universities. You are purchasing 60 community college credit hours and 60 university undergraduate credit hours. The plan’s value can be transferred if your child decides instead to enroll as a freshman at a state university, out-of-state or private college or a select technical school.

2+2 Tuition Plan benefits include:

• Prices start at $81.76 per month, with the price depending on your child’s age or grade level.
• You have the option of adding plans now, or later, to cover local fees, tuition differential fee and dormitory housing.
• Your plan is guaranteed financially by the State of Florida.^§
• You choose one of three payment plans (single lump sum, monthly payments over five years or a monthly plan you contribute to until your child is ready for college).
• Earnings are tax-free.
• Many employers offer payroll deduction for the Florida Prepaid College Plan.

* Florida has a statewide articulation agreement which guarantees that a community college Associate in Arts (AA) degree graduate must be admitted into a state university upon graduation provided that the student has met all requirements for the AA degree and maintained a 2.0 cumulative grade point average. However, this does not mean that every AA graduate will be admitted at the state university of his/her choice or into the upper division program of his/her choice. Application for admission to state universities (particularly into specific degree programs) can be a highly competitive process, so student performance in the AA program may be taken into consideration.

** The Florida College Investment Plan is not a prepaid plan. Investments in the plan are not insured or guaranteed, and you could lose all or a portion of your investment. Participation in the plan will be sold only by means of a Disclosure Statement and Participation Agreement. A copy of each will be sent to you upon request; you should read them before investing. Nothing on this Web site should be construed as financial, investment, legal or tax advice. Consult your own advisors before investing.

§ Financially guaranteed by the State of Florida, pursuant to Sections 1009.98 (7) and (8), Florida Statutes, stating "the state shall agree to meet the obligations of the board to qualified beneficiaries if monies in the fund fail to offset the obligations of the board. The Legislature shall appropriate to the Florida Prepaid College Trust Fund the amount necessary to meet the obligations of the board to qualified beneficiaries. In the event the state determines the prepaid program to be financially infeasible, the state may discontinue the program. Any qualified beneficiary who has been accepted by and is enrolled or is within 5 years of enrollment in an eligible independent college or university or state postsecondary institution shall be entitled to exercise the complete benefits for which he or she has contracted. All other contract holders shall receive a refund of the amount paid, and an additional amount in the nature of interest at a rate that corresponds, at a minimum, to the prevailing interest rates of savings accounts provided by banks and savings and loan associations."