01/06/2025 | Press release | Archived content
Imagine: your little one is all grown up, heading off to college, and instead of worrying about how to pay their tuition, you're focused on living in the moment. That's exactly what Florida Prepaid is all about-making college savings simple, secure, and stress-free, so you can focus on cheering them on.
That's why over 1.2 million Florida families are already saving with Florida Prepaid instead of relying on traditional savings accounts. Here's why it could make sense for you too.
Sure, traditional savings accounts are familiar, but let's face it-they don't make saving for college any easier, and it's tempting to dip into them for other expenses.
With Florida Prepaid, you can lock in the future cost of college tuition today, and your monthly payments will never go up. It's a smarter, more dedicated way to reach your savings goals faster-and with less stress.
Which means every dollar you save works harder for your family, helping you stay ahead of climbing college costs. And yes, those costs are climbing-tuition has been increasing nationally by an average of 7% a year for the past 20 years (Education Data Initiative).
That's where Florida Prepaid shines. When you sign up for a Prepaid Plan, you'll lock in the future cost of college tuition. That means regardless of what college costs are in the future, we've got you covered at any of the 12 state universities or 28 public colleges in Florida (based on your plan type). Plus, the value of your Prepaid Plan can be used nationwide-at public, private, trade and technical schools-and the amount we pay to other schools is the same as we would pay to Florida schools.
Parents with a 529 Plan save 3x more than those without.
Not sure where your little one will want to go to college-or even if they'll go to college at all?
No worries! The value of a Prepaid Plan can be used at:
No matter where their dreams take them, your plan is ready to follow.
What if they earn a scholarship? Amazing! Florida Prepaid works alongside scholarships and financial aid, or you can get a scholarship refund for use toward other education expenses including housing, school supplies, etc.
And if college isn't in their future, the value of your plan can be transferred to another family member or refunded.
No pressure, no waste-just options to fit your family's needs. And when it's time to pay for college, Florida Prepaid simplifies everything by sending payments directly to the school.
No guesswork, no stress-just one less thing for you to worry about.
Enrollment is open now through April 30, 2025, which means there's still time to explore your options!
Check out our Prepaid Plans Overview to learn more, or use our Pricing Calculator now to build the perfect plan for you. Secure college savings are just a click away!