This Florida Prepaid College Plans post about helping your child avoid student loan debt is sponsored by the Florida Prepaid College Board, through my role as a Believer Blogger. However, All thoughts and opinions are my own.
Is it just me or is 2018 going by very fast? With February coming to an end I wanted to remind you that now is the time for you to get your kiddos their Florida Prepaid College Plan. With all that we have going on, I know how easy it is to keep putting it off but open enrollment ends on February 28th, so the time to do it is now.
In the event that “myths” are holding you back, I wanted to address the 3 most common myths with you all.
Myth: Florida Prepaid is restricted to Florida schools.
Fact: It isn’t restricted to Florida schools; the amount covered by your Prepaid Plan can be used at schools nationwide.
Myth: Florida Prepaid can only be used if my child remains a Florida resident.
Fact: If the beneficiary moves out of Florida after purchasing a Prepaid Plan, your child would still be billed at in-state tuition rates when using their plan at a Florida college or state university.
Myth: If my child doesn’t go to college, I lose all that money.
Fact: If your child doesn’t go to college, you can change the beneficiary of the Prepaid Plan or get your money back.
As I mentioned before, the 2017 Open Enrollment period is only open through February 28, 2018. Don’t miss your chance to enroll because if you do, you’ll have to wait until next year to get started. For more information or to get started, you can visit the Florida Prepaid Website. You should also tune into the Fl Prepaid College Webinar taking place on February 20th 12-12:45 PM (There is No cost to register).