We know college is the last thing on your mind—from 2 a.m. feedings to diaper explosions, you have your hands full. That is why Florida Prepaid strives to make your college savings experience simple. We’ve helped more than one million families, just like yours, save for higher education.
529 Plans are the #1 way to save for college—specifically built to save for higher education, earnings are tax-free, and can be used at colleges and universities, as well as trade and technical schools.
Student borrowers pay an average of $1,898 in interest each year and spend roughly 20 years paying off their loans.
Source: “Average Cost of College & Tuition,” EducationData.org, August 2022