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4-Year Florida College Plan

why_c4“Community Colleges” aren’t what they used to be—and that’s a good thing. For one, they’re now called Florida Colleges, and there are 28 of them here in the Sunshine State. Furthermore, they’ve expanded their capabilities far beyond the two-year programs they’ve long been known for. In fact, most now offer four-year bachelor’s degree programs in growth industries like nursing and teaching, and continue to grow their degree programs year after year. And since they’re typically less expensive than a university education, the 4-Year Florida College Plan provides a practical, affordable path to the bachelor’s degree your child will need to succeed later in life.

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YOUR 2017/18 PLAN PRICES WERE:
Based on child’s age/grade on or before September 1, 2017. Birthdate must be today or earlier.
First payments (including lump-sum) are due April 20, 2018. Final payment for the monthly payment plan is due October 20 of the child’s projected year of college enrollment.

What’s Included

The 4-Year Florida College Plan covers tuition and other specified fees for 120 credit hours at a Florida College — the amount required to earn a bachelor’s degree. With diverse course offerings and convenient locations, this offers tremendous flexibility and diverse degree options should your child wish to attend school close to home or anywhere throughout the state.

How To Enroll

Here is what you’ll need to enroll:

  • Start your application today. We will notify you of new plan prices when the next Open Enrollment period begins.
  • Be sure to have read the Master Contract.
  • Have your and the child’s Social Security Numbers available.
  • Have your bank account information available, if you would like to set up automatic withdrawal.
  • Have the driver’s license of the child’s parent or legal guardian to submit proof of Florida residency online.

Flexibility

The 4-Year Florida College Plan is designed to be used at a Florida College, but the amount covered by this plan can also be applied to other schools nationwide. Also, other important flexibility considerations include:

  • If the child receives a scholarship, such as Bright Futures, the amount covered by the 4-Year Florida College Plan, not just what you paid in, can be refunded or used to pay for tuition and fees not covered by the scholarship.
  • If the child moves out of Florida, the child remains eligible for in-state tuition and fees at a Florida College or State University while using his/her 4-Year Florida College Plan.
  • The child has 10 years from the projected enrollment year selected on the application to use his/her 4-Year Florida College Plan.

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How can a Prepaid Plan and a Savings Plan work together?

Prepaid Plans and Savings Plans work well together. For example, you could use a Prepaid Plan to cover up to four years of tuition and fees and a Savings Plan to pay for books, a computer, room and board. If you don’t want to use a Prepaid Plan to save for all four years of tuition and fees, you could purchase a 2-Year Florida College Plan or one or more 1-Year University Plans and also open a Savings Plan.

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Where can the child use this plan?

The 4-Year Florida College Plan is designed to be used for 120 credit hours at a Florida College. But, the amount covered by the plan can also be applied to other schools nationwide.

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Can the child really get a bachelor's degree from a Florida College?

Yes. Many Florida Colleges now offer four-year bachelor’s degree programs, and will continue to expand their offerings into the future.

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What happens if the child graduates early or didn't use all the benefits?

Remaining credit hours in the 4-Year Florida College Plan can be used for graduate courses, transferred to an eligible family member of the child, or refunded to the Account Owner.

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When can I open a Florida Prepaid Plan?

You may enroll any time. We have an annual Open Enrollment period from October 15 through February 28. If you enroll outside of the Open Enrollment period, you will receive the pricing information for your plan when the next Open Enrollment period begins. Our prices may change from year to year. If you sign up before Open Enrollment and you are not satisfied with your plan price when Open Enrollment begins, let us know. We’ll help you select another plan or payment option to meet your goals and your budget.




 

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