We have been helping families to affordably save for college since 1988, longer than any other prepaid program in the nation.
More than 1.6 million Prepaid Plans have been sold, and our Florida 529 Savings Plan has been ranked among the best-performing college savings plans by both Morningstar and SavingforCollege.com.
Every Florida Prepaid College Plan is fully guaranteed by the State of Florida, and despite changing economic conditions the plan has never once operated in 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. There are 14 positions (FTE) authorized by the Board, including an Executive Director appointed to oversee the day-to-day operations of the Board and its 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.
Tax Time is Savings Time!
It's no secret that tuition is skyrocketing and it won't be coming down anytime soon. When trying to save for a price that's always on the rise, the best strategy is... Read More
Mixed Messages – What Should I Really Save For?
The average college student graduates with around $27,000 in student loan debt. This is considered a manageable amount of debt, considering that the degree they’ve... Read More
Prepaid Enrollment is Over, Saving for College Isn’t
Did you miss Open Enrollment? Well, don’t worry about missing out on college savings. We still have a plan to help you start saving today!
America Saves Week!
In honor of America Saves Week, we here at the Florida Prepaid College Program would like to take the time to reiterate the importance that saving for your child’s education now could have on their future. Read More
Can Students Still Work to Pay for College?
The truth is, many students do have part-time jobs and work summers, but the hefty cost of attending college still leaves them with bills to pay. According to a study by PBS, the last school-year a student could have feasibly paid for college with their earnings was... Read More