Worry Less and Save More With A Florida Prepaid Plan is a sponsored post for Bloggin’ Mamas on behalf of the Florida Prepaid College Board. All experiences and opinions are always 100%.
Over coffee with a friend the conversation of college came up. Our girls are the same ages, 3 and 5, and she was wondering about saving for their education for the future. I told her that we had already started college savings for my girls. One has a regular savings account, the other a 529 plan. We plan to convert the regular savings account into either a Prepaid Plan or another 529. Giving her a quick run down of both types of plans, I got the sense that the Prepaid Plan was right up her alley. She wanted to ensure her money, and daughters future wasn’t at risk. You can toss you worries out the window. Need a guarantee? The State of Florida does just that with Florida Prepaid Plans. It’s time to start worrying less so you can save more with a Florida Prepaid Plan.
Florida Prepaid Plan Myths BUSTED
If my kid decides to go to school out-of-state I lose my money.
Fact: Florida Prepaid isn’t restricted to Florida schools; the amount covered by your Prepaid Plan can be used at schools nationwide.
If we move out-of-state school will cost more to attend in Florida as an out-of-state student.
Fact: If you move out of Florida after purchasing a Prepaid Plan, your child would still be billed at in-state tuition rates when using their plan at a Florida college or state university.
If my child decides college isn’t their thing I’m out everything I’ve invested into their future.
Fact: If your child doesn’t go to college, you can change the beneficiary or get your money back.
Florida Prepaid College Plans allow you to prepay the future cost of college. When your child is ready for college, the plan pays the tuition, tuition differential fee and other specified fees covered under the plan.
Key Facts to Know About the Florida Prepaid Plans
Guaranteed – Every Prepaid Plan is guaranteed by the State of Florida, so you will never lose your investment.
Nationwide – Even if your child attends an out-of-state or private college, the plan will pay the same amount as it would pay at a public college or university in Florida.
Scholarships – If your child receives a scholarship, you can get a refund for the same amount as the plan would pay a public college or university in Florida.
10 Years – Your child has up to 10 years after his or her year of projected enrollment to use the plan.
You can choose from multiple Florida Prepaid plans. 2-Year Florida College Plan, 4-Year Florida College Plan, 2 + 2 Florida Plan, 1-Year Florida University Plan, 4-Year Florida University Plan. There’s even a dorm plan!
Save More With A Florida Prepaid Plan – Last Call to Enroll!
Open Enrollment only happens once a year and it ends February 28! To help you get started I’ve secured a special promo code “BLOG1617” so you can save 50% off the enrollment fee.
I urge you to do your research now because the sooner you start saving the better. Read these posts for more insight.
- Saving for College: 5 Reasons To Start Now
- Give Your Child the Gift of a Debt Free College Education
- Another Way To Save For College With Florida Prepaid College Plan
- How to Save for College Now and Protect Their Future
Want to learn more? Join the #StartingisBelieving Twitter Chat that will be 2/23/17 at 9p ET: http://bit.ly/sibchatrsvp
Do you have a plan in place for college yet? Are you contributing to a prepaid or 529 savings plan? Let me know how it’s working for you!
Join the conversation online because #StartingIsBelieving with #FloridaPrepaid
Disclosure: Worry Less and Save More With A Florida Prepaid Plan is sponsored post. All experiences and opinions are always 100% my own. I have received compensation for sharing this post. Regardless, I only share products and/or services that I truly believe in and use for my family, that I feel will be a good fit for you the reader. If you decide to register for Florida Prepaid, use code use code BLOG1617 to receive 50% off the enrollment fee. The disclosure is done in accordance with the Federal Trade Commission 10 CFR, Part 255 Guides Concerning the use of Endorsements and Testimonials in Advertising.