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, SunTrust and Florida TaxWatch Establish New College Scholarship Program
The Florida Prepaid College Foundation announced the first winners of the new Academic A+ Scholarship Program, a partnership with Suntrust and Florida TaxWatch that opens doors of opportunity to deserving students who have overcome difficult circumstances. Read More
Florida Prepaid College Foundation Launches Florida 529 Savings Plan Scholarship Program Today
The Florida Prepaid College Foundation today kicked off its annual scholarship program to celebrate 529 College Savings Day, awarding 10 winners a $529 Scholarship deposited into a Florida 529 Savings Plan account. Read More
Florida Prepaid College Foundation’s New Legacy Scholarship Draws 135 Students
TALLAHASSEE, Fla. – The Florida Prepaid College Foundation’s newest scholarship offering has drawn 135 students, who submitted essays on the value of public service, for the chance to win two free years of college. Ms. Michelle Kunz, a senior at Nease High School in Ponte Vedra, is the winner of the essay contest. Read More
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