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4-Year Florida University Plan

why_u4When most people think of sending their children off to college, this is what they picture in their minds. The 4-Year Florida University Plan will start your child off at one of Florida’s 12 prestigious State Universities and see them through their four-year journey. This plan allows your child to settle into collegiate life knowing that, with a lot of hard work and studying, there’s a bachelor’s degree waiting at the end of the road.

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Florida Prepaid College Board is with you every step of your journey! We’ll help keep you up-to-date with the latest news, let you know when 2017-2018 Open Enrollment begins and send you helpful tips about college savings.

What’s Included

The 4-Year Florida University Plan covers tuition, tuition differential fee and other specified fees at a State University for 120 credit hours, the amount generally required to earn a bachelor’s degree. Ranked in the top 5 in the nation for research and development, the State University System is spread across the state and features Florida’s two preeminent universities, Florida State University and the University of Florida.

How To Enroll

Here is what you’ll need to enroll:

  • You can go ahead and complete an online application for a Prepaid Plan now, and we’ll notify you of the new plan prices when Open Enrollment starts again.
  • 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 University Plan is designed to be used at a State University, 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 University 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 University Plan.
  • The child has 10 years from the projected enrollment year selected on the application to use his/her 4-Year Florida University Plan.

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Where can the child use this plan?
The 4-Year Florida University Plan is designed to be used for 120 credit hours at a State University, but the amount covered by the plan can also be applied to other schools nationwide. Visit the Schools page for more information.
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Can I purchase a University Dormitory Plan with the 4-Year Florida University Plan?
Yes. The optional University Dormitory Plan is sold in 1-year increments, and can be purchased for up to four years with a 4-Year Florida University Plan.
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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 University 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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Can a child have both a Florida 529 Savings Plan and a 4-Year Florida University Plan?
Absolutely. The plans work well together. For example, a Florida 529 Savings Plan could be used to pay for books, a computer, room & board, and other qualified higher education expenses, while the 4-Year Florida University Plan covers tuition tuition differential fee and other specified fees at a State University.
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