Prepaid Plans
Florida has the lowest tuition in the nation—lock in your rate while prices are low.
Prepaid Plans protect against future increases.
Use your plan at colleges nationwide.
Why millions of parents choose Prepaid Plans
It’s a specialized 529 Plan that allows families to secure tomorrow’s college tuition or dormitory at today’s prices, helping protect against rising costs and providing peace of mind for the future.
They are purchased in one-year increments to ensure affordability and budget flexibility.
Why Choose
a Prepaid 529 Plan
Flexible
Use plan value nationwide – public, private, trade and technical schools
Risk-Free
Protected by the State of Florida, so you can never lose your investment
Worry-Free
Transfer to another child or cancel anytime for a full refund
Affordable
Buy one year at a time based on your budget
Compatible
Works great with scholarships and financial aid
How do Prepaid Plans really work?
two types of
Prepaid 529 Plans
Prepaid Tuition
529 Plan
Purchase tuition and most fees in 1-year increments (30 credit hours)
Prepaid Dormitory
529 Plan
Purchase dormitory housing in 1-year increments (2 semesters)
two types of
Prepaid 529 Plans
Prepaid 529
Tuition Plan
Purchase tuition and most fees in 1-year increments (30 credit hours)
Purchase dormitory housing in 1-year increments (2 semesters)
Fund Fact
Watch
Learn about a Prepaid Tuition 529 Plan
You’re Covered For
All The What Ifs
What if we move out of state?
Your plan travels, too! It will pay the same amount as it would pay at a Florida public college or university. Plus, if your child returns to a Florida school, the plan qualifies them for in-state tuition. Bonus!
Do I need to be a Florida resident?
Anyone can purchase a Prepaid Plan (parent, grandparent, etc.). However, the student must be a Florida resident aged newborn – 11th grade when the plan is purchased. Proof of Florida residency is required during enrollment.
How long can a Prepaid Plan be used?
You lock in coverage for a full 10 years AFTER your child’s projected high school graduation. If your student takes a gap year, joins the military or starts a business, they still have plenty of time to use their plan.
What if my child receives a scholarship?
Great! You can use a Prepaid Plan in conjunction with scholarships to cover more college costs, or even save it for graduate school. Or get a refund for what we would have paid out on your plan and use that for housing, supplies, etc.
College or University?
Your child can use it at both! A Prepaid Plan covers two semesters (30 credit hours) at a state university in Florida or nearly 2 years (about 55 credit hours) at a Florida public college, making your savings go even further! Plus, you can use the value at schools nationwide, public and private.
What costs are covered by a 1-Year Prepaid Tuition Plan?
It covers the Tuition, Tuition Differential Fee and Local Fees — about 94% of the total tuition and fee costs for one year — at any of the 12 state universities in Florida. The plan will be prorated when used at any of the 28 Florida public colleges. See tuition and fees covered.
Also, the value of your Prepaid Plan can be used nationwide – at public, private, trade and technical schools. The amount we pay to out-of-state schools is the same as we would pay to Florida schools.
How do you cover other college expenses?
Prepaid Plans and Investment Plans go great together to give you the best combination – like peanut butter and jelly – to cover all the costs of college.
Want to learn more?
Visit our Help Center to get even more information on our Prepaid Plans.
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Prepaid Plan Open Enrollment is now!
