Is your student interested in attending college outside of Florida? Although we wish your student would stay in the Sunshine State, rest assured that both your Prepaid 529 Plan and your Investment 529 Plan travel well!
To get you on your way, now is a great time for both Account Owners and students to create your online accounts. We have recently launched a new and improved website experience with easy self-service features and simplified plan management.
Due to the recent website enhancements, to gain access to your existing Florida Prepaid account(s), you will need to follow a few easy steps in the all-new Customer Account Management Portal (CAMP). Learn more and get started today.
Here are a few helpful tips to get you and your student ready!
Prepaid Plan benefits can be used at any eligible private or out-of-state institution. The amount paid will be based on the Plan type, and the Plan will pay the same amount as it would pay a public college or university in Florida.
- Students planning to attend an out-of-state (public or private) school must log in to their account and submit a School Authorization request.
- Follow these steps, and your student will be ready to go.
- Log in to your account.
- Go to the student’s Prepaid Plan page and select Use Plans.
- Click the Authorize School button.
- On the Authorize School page, verify the Prepaid Plan you wish to authorize and select the school the student will attend.
- Choose the payment method that best fits your circumstances.
- Once you have completed the School Authorization, the school is notified and most will invoice Florida Prepaid directly. You will be responsible for any difference in the cost of tuition and fees beyond what your Prepaid Plan will cover.
- When Florida school rates are available in late August, then Florida Prepaid will know the benefit amount that can be paid per credit hour from your plan to the school of your choice.
Investment Plan (formerly known as the ‘Savings Plan’) funds can be used at any qualified educational institution nationwide, public or private.
- Your funds can be used for a wide variety of higher education expenses, including:
- Tuition and fees
- Housing and meal plans
- Books and supplies
- Computers and equipment
- Online withdrawals are quick and easy. Funds can be sent directly to you, or to your student.For your convenience, we can even pay a school directly for tuition and fees.
- To request a withdrawal:
- Log in to your account.
- Go to the student’s Investment Plan page and select Use Plans.
- Schedule an Investment Plan withdrawal.
- Transactions are processed within two business days. You should plan to withdraw funds in the same calendar year as the expense.
- It’s always recommended to keep your receipts for tax reporting purposes.
Although not every state is fortunate enough to offer amazing programs like an Associate’s degree in diving business and technology (like Florida Keys Community College) – you can use both a Prepaid Plan and an Investment Plan at many types of educational institutions nationwide – beyond traditional 2- and 4-year colleges. Qualified institutions include culinary schools, the Aveda Institute, and other technical and trade schools nationwide – so that your student can find the perfect fit for their dreams and aspirations.
Need help identifying eligible institutions? Use the Free Application for Federal Student Aid (FAFSA) Federal School Code search.
Congratulations to your high school graduate. We hope that they find the perfect fit for their future – in-state or out!
Since 1988, Florida Prepaid’s goal has been to help make saving for college affordable and attainable for all Florida families. You can now build your perfect college savings strategy in minutes.
