Employer Outreach
Helping Your Employees Save for College
Student Loan Debt Reaches All-Time High of $1.7 Trillion*
In Florida, the average student loan debt is more than $38,000. New college graduates saddled with such debt cannot contribute as much to the overall economy, as they are likely to delay purchasing cars, buying houses and starting families.
Source: Florida Daily
Soft Benefits That Really Matter
For today’s employees, soft benefits are vital to your success. Together, we can offer resources to support your employees’ college savings goals, be it through general education, setting up automatic payroll deduction, or providing materials for new hire packets.
We are here to help you help them.
Fund Fact
By 2031, 72 percent of jobs in the US will require postsecondary education and/or training.
Fidelity 2020 College Savings Indicator
Two Great 529 Plans
That Work Beautifully Together
Plan Coverage
Lock in the cost of tuition and fees, or dormitory housing, in 1-year increments
Plan Management
Managed for you by the State of Florida,
100% risk-free
Payment Frequency
Fixed monthly payments based on the age of your child
Age of Student
Purchase for children ages newborn – 11th grade
Enrollment Window
Open Enrollment* February 1 – April 30
Free to enroll
Plan Coverage
Invest to cover a wide range of educational expenses—tuition and fees, housing, meal plans, books, loan payment, etc.
Plan Management
Managed by you—simple, intermediate and advanced investment strategies available
Payment Frequency
You choose how much to save and when, or schedule automatic monthly contributions
Age of Student
No age restriction – start a plan for a child or adult
Enrollment Window
Year-round
Free to enroll
Submit your application anytime; you’ll be notified of your final Prepaid Plan price when Open Enrollment begins.
Ready to get started?
Contact us at [email protected] to learn more about how we can work together to nurture a strong talent pipeline for Florida.
