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 even during challenging economic years the prepaid fund 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.
Florida Prepaid College Foundation Launches New Legacy Scholarship
The Florida Prepaid College Foundation has established a new scholarship that recognizes the many years of service by longtime Chairman Duane L. Ottenstroer, by providing two years of college tuition to a St. Johns County high school student who shares Ottenstroer’s interest in public service. Read More
Florida Prepaid Offers State Employee Promotion to Encourage College Savings
TALLAHASSEE, Fla. – As part of their shared mission of promoting financial health, the Florida Prepaid College Board and Florida’s Chief Financial Officer (CFO) Jeff Atwater have teamed up to encourage state employees to start saving for their children’s college education in 2017. Read More
Florida Prepaid College Foundation Awards 2-Year Florida College Plans to 10 Families
The Florida Prepaid College Foundation has awarded 10 families a 2-Year Florida College Plan scholarship, demonstrating its ongoing commitment to opening affordable pathways to college. Read More
Florida Prepaid College Board Launches 2016-17 Open Enrollment Period With Prepaid Plans Starting at $47 a Month
Florida families can now take advantage of prepaid tuition plans that remain near historic lows for the third year running, following Saturday’s kickoff of the 2016-17 Open Enrollment period. Read More
Florida Prepaid College Board Approves 2016-17 Plan Prices
For the third year in a row, the Florida Prepaid College Board has set prices for the most popular Florida Prepaid College Plans that are near historic lows – opening the door for more families to start saving for college. Read More