We have been helping families to affordably save for college since 1988, longer than any other prepaid program in the nation.
More than 1.8 million Prepaid Plans have been sold, and our Florida 529 Savings Plan has been ranked among the best-performing college savings plans by SavingforCollege.com.
Every Florida Prepaid College Plan is fully guaranteed by the State of Florida, and even during challenging economic years, the prepaid fund has never once operated at a deficit.
To provide Florida families with an affordable means to save for their children’s future college education, the Florida Legislature created the Florida Prepaid College Program in 1987. The first Florida Prepaid College Plans were sold in 1988, and were augmented with the addition of the Florida 529 Savings Plan in 2002. Mr. Stanley G. Tate was instrumental in the early development of the Florida Prepaid College Board and served tirelessly as its Chairman during the program’s first 18 years, from 1987 to 2005.
The Florida Prepaid College Board manages the Stanley G. Tate Florida Prepaid College Program and the Florida 529 Savings Plan. Both are tax-favored 529 college savings plans authorized by Section 529 of the Internal Revenue Code. The Board establishes policy and oversees the investment and financial performance of the programs.
Since its founding in 1990, the Florida Prepaid College Foundation has committed to giving aspiring students the opportunity to build a better future for themselves and our state by providing college scholarships funded through partnerships with individuals, businesses, educational foundations and the Florida Legislature.