This post is sponsored by the Florida Prepaid College Board, through my role as a Believer Blogger. However, All thoughts are my own.
Your child graduates from high school and the plan is that they go off to college. Well, that was your plan for them at least. It was that same plan that made you sign them up for a Florida Prepaid College when they were younger so that you could lock in the lower rate and secure their college future (which is a great idea by the way). While that may have been your plan for them, they have something else in mind. If that’s the case, there is no need to worry about the college plan you invested in.
Or, maybe your child worked hard and rocked it in school and earned themselves a scholarship (way to go!) and now the money that you invested in their Florida Prepaid College Plan is no longer needed. If that’s the case, there is no need to worry about the college plan you invested in.
No matter which scenario it is, your Florida Prepaid College Plan money is not “lost” if your child decides not to go to college!!!
Thankfully, each college plan is guaranteed by the state of Florida, so your money will not be “lost”. You have options. You can either transfer that money to a family member with a plan or you can even get a refund. See, it’s one less thing to worry about.
As the Florida Prepaid Open Enrollment period comes to a close on Feb 28th, I want to urge you to get your child(ren) signed up so that their college education is secured.
I was not aware of this, thank you so much for sharing!