Florida Prepaid College Plans
Open Enrollment for the Florida Prepaid College Plan 2012-2013 season
has ended. While we are not accepting Prepaid applications at this time, you may
be eligible to enroll in a Florida 529 Savings Plan.
University Dormitory Plan
Living in a college dormitory can be a major expense. But it can also be a major
advantage for students as they’re close to their peers, study groups, classes and
other sources of learning enhancement.
The Dormitory Plan addresses these costs by covering the payment for a standard,
double-occupancy, air-conditioned dormitory room at a Florida state university.
The Dormitory Plan may be purchased in one-year increments for up to two years (with
a 2 + 2 Florida Plan) and up to four years (with a 4-Year Florida University Plan)
and is offered only for a child in the eleventh grade or below. You may purchase
a Dormitory Plan along with a corresponding Prepaid Plan as noted above or supplement
an existing Prepaid Plan at a later date.
The state universities determine which dorms are designated for Florida Prepaid
College Plan students. Not all dorms are offered. Rooms are assigned first-come
first-serve, so there is no guarantee that the student will receive a room assignment.
If a student applies for housing at a state university but does not receive a room
assignment, the account owner may request a refund equal to the average dormitory
rate for a standard, double-occupancy, air-conditioned dormitory room at the state
university the student is attending. The Dormitory Plan cannot be used in summer
terms.
Three payment options are available for this Plan, including monthly payments until
your child is ready for college, a 55-month payment plan or a lump-sum payment plan.
* The Florida Prepaid College Board does not provide tax or investment advice regarding its Prepaid College Plan or its 529 Savings Plan. The Florida Prepaid College Plan may not cover certain imposed fees by state universities or colleges. The Florida 529 Savings Plan is subject to market conditions.
Please carefully review the Disclosure Statement and Participation Agreement and consult with your advisor(s) about risks before investing in your child’s education.