As the pandemic spurs many families to reevaluate their finances and save more when possible, Floridians are encouraged to factor in the importance and value of saving early for college. By saving a little each month early on, families can prepare financially for college in a way that is affordable and guaranteed.
In honor of National College Savings Month, Florida Prepaid is waiving the $50 application fee through October 31.
Florida Prepaid allows families an opportunity to start saving for college in a simple, stress-free way. Prepaid Plans allow families to lock in future college costs for less so their child’s college tuition is ready and waiting for them. Families simply pick a Prepaid Plan to fit their budget and savings goals. There are no worries about the ups and downs of the stock market or how much tuition might go up. All Prepaid Plans are guaranteed by the State of Florida so families can never lose their investment.
With Plans starting at less than $50/month for a 1-Year Florida University Plan for a newborn, there is no better time to start saving. The Board also offers five other Prepaid Plans, including the most popular 4-Year Florida University Plan, as well as the 1-Year University Dormitory Plan. Families can use the online Prepaid Plan pricing tool to determine what the various plans cost based on a child’s age, as well as explore the different payment options available.
To learn more, click here. Enter the code DREAMBIG50 to waive the application fee.