The Florida Prepaid College Plan allows families to prepay the cost of college tuition, local fees, the tuition differential fee and dormitory housing at today’s plan prices.

When your child is ready for college, the plan covers the actual cost at any Florida public college, or you can transfer the value of the plan to most private colleges in Florida, select technical schools and most out-of-state colleges.

The Florida Prepaid College Plan offers three different tuition plans, a local fee plan, a tuition differential fee plan and a  dormitory plan.

To qualify, the beneficiary – the student who will use the plan – must be a child and must currently be in the 11th grade or younger. And the beneficiary or the parent/guardian of the beneficiary must have been a Florida resident for the last 12 consecutive months.

It’s Affordable

The Florida Prepaid College Plan is affordable.  The price you will pay depends on the age of your child and the type of plan and payment option you select.

To find the price for your child, refer to the Prepaid Plan Prices.

Three Ways to Pay

There are three ways to pay for your Florida Prepaid College Plan. You can make a single lump-sum payment, you can make monthly payments over five years, or you can pay monthly until your child is expected to go to college.

If you choose to make monthly payments, you will receive a coupon book, or you can have your payments automatically withdrawn from your bank account. If you select the lump-sum payment option, you will receive an invoice.

If your employer offers payroll deduction for the Florida Prepaid College Plan, you can have your payments deducted directly from your paycheck. Ask your employer for details!

Once you sign up, your payments are fixed and will never increase.

Your Other College Expenses ...

The Florida Prepaid College Plan will not cover all of your college expenses. Together, the Florida Prepaid tuition plan, local fee plan and dormitory plan cover about half the total cost of sending a child to a public college in Florida.

Consider opening a new Florida College Investment Plan today to help save for your other qualified college expenses including books, off-campus housing, food, the additional cost of most private and out-of-state colleges, and graduate school.