While Florida Prepaid Plans can be used at private and public schools both inside and outside of Florida, it’s our in-state public institutions for which they were designed. Luckily, from one end of the peninsula to the other Florida is bursting with great accredited educational institutions where you can use the benefits of your Florida Prepaid College Plan and Florida 529 Savings Plan.
Formerly known as “community colleges,” these institutions provide affordable, accessible education at campuses throughout the state. And, while they’ve always offered associate’s degrees and trade certification programs, most Florida Colleges are now offering four-year bachelor’s degrees as well. The Florida College System is committed to expanding their degree programs as the demand for education continues to grow.
Some of the state’s most prestigious schools, these universities offer a broad range of undergraduate and graduate degrees as well as top-notch facilities and the traditional “college experience” that most picture in their minds.
While Prepaid Plans are designed to be used at a Florida College or State University, the amount covered by the plan can also be applied at other schools nationwide. Florida 529 Savings Plan benefits can also be used at schools nationwide.
Florida 529 Savings Plan and Florida Prepaid College Plan benefits may be applied to any eligible educational institution, as defined in s. 529 of the Internal Revenue Code. A list of these schools can be found using the Federal School Code Search through the U.S. Department of Education’s Federal Student Aid Office. Some schools elect not to participate and receive Title IV funding, but could still be considered an eligible educational institution. If the school you are interested in is not listed, you may contact the school’s financial aid office to determine if the school is eligible. For more information, please see the Master Contract and / or the Program Description and Participation Agreement.
** Florida Prepaid College Plan and Florida 529 Savings Plan benefits may be applied to any eligible educational institution, as defined in s. 529 of the Internal Revenue Code. The Board will transfer an amount not to exceed the current average rates payable under the Beneficiary’s contract to a State University or Florida College. For more information, please see the Master Contract. The Federal School Code Search through Federal Student Aid, an office of the U.S. Department of Education, provides a comprehensive list of schools which meet the Title IV funding requirements of eligible educational institutions. Additionally, you may also ask the school’s financial aid office if the school is eligible, even if it elects not to participate, to receive Title IV funding.