Investment Options

Q. How are my contributions invested?

A. The Florida College Investment Plan offers you five investment options. You can select one or any combination of investment options that best fit your financial goals.

You can transfer money already invested once per calendar year or upon a change of beneficiary. You may change the allocation of future contributions at any time by submitting an Allocation Change Form.

We cannot provide investment advice and encourage you to consult your own advisors before deciding which investment option or options are right for you.


Q. Which investment option(s) should I select?

A. The Florida College Investment Plan offers a choice of investment options with different levels of risk. When deciding how to allocate your contributions, consider the balance of risk and return for each investment option and any other factors specific to your personal circumstances.

We cannot provide investment advice and encourage you to consult your own advisors before deciding which investment option or options are right for you.


Q. How is my money invested?

A. Your money is invested based on the investment option or options you choose. For each investment option, there are underlying investment portfolios.

The Florida Prepaid College Board has adopted a Comprehensive Investment Plan that describes the investment managers, goals, strategies, asset allocation and performance benchmarks for each portfolio. The Comprehensive Investment Plan has been approved by Florida's Governor, Treasurer and Comptroller.

A summary of the investment options and underlying investment portfolios is included in the Florida College Investment Plan Disclosure Statement.

Q. Can I direct my own investments?

A. No, federal tax laws prohibit you from directing the investment of assets in your account, directly or indirectly. You only may choose from one or any combination of the investment options offered under the Florida College Investment Plan.

You can transfer money already invested once per calendar year or upon a change of beneficiary. You may change the allocation of future contributions at any time by submitting an Allocation Change Form.

We cannot provide investment advice and encourage you to consult your own advisors before deciding which investment option or options are right for you.

Q. Are there risks associated with the Florida College Investment Plan?

A. Yes. The Florida College Investment Plan is not guaranteed. Principal and investment returns will fluctuate, you could lose all or a portion of your money invested in the Florida College Investment Plan and you may not have enough money to cover the qualified higher education expenses of the beneficiary (student). Investments in the Florida College Investment Plan are not deposits or obligations of, or insured or guaranteed by the State of Florida, the U.S. government, the Florida Prepaid College Board, the FDIC, or any other governmental agency or financial institution.

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