This post is sponsored by the Florida Prepaid College Board, through my role as a Believer Blogger. All thoughts are my own.
While I am focused on my kiddos getting through elementary school, I know that looking at the big picture and their future is equally important. College, well paying for college anyways, is something that needs to be addressed now. The sooner, the better (and cheaper)!
As the start date of the Florida Prepaid 2015 – 2016 Enrollment period approaches, here are 5 important things you should know:
Florida Prepaid College Board Approves 2015-16 Plan Prices!!!
Last year the Florida Prepaid University Plan prices fell nearly 50 percent (Amazing!) and this year there was an extremely limited increase which means this is still the perfect time to get started.
Plans start for as low as $46 per month
There are 5 plans, each with their own advantages, so there are options for a variety of family budget needs. Choose from:
- 4-Yr Florida University Plan
- 1-Yr Florida University Plan
- 2 + 2 Florida Plan
- 4 Yr College Plan
- 2 Yr College Plan
* A Prepaid Plan cost calculator is available at: http://www.myfloridaprepaid.com.what-we-offer/. For added flexibility, families can select from any of the three payment options; monthly, 5-year
or lump sum.
Florida Prepaid College Board’s newest offering is the 1-Year Florida University Plan
Their most affordable Prepaid Plan allows families and friends to share in a child’s college costs.
The Application
No matter how many plans you start or how many children you have, you only need to fill out 1 application. For the application you will need the following information: Social security number for each child, bank account info. for the $50 application fee, Legal guardian’s driver’s license/state ID number. You can access the application on their website: http://www.myfloridaprepaid.com
Open Enrollment
October 15th is the date open enrollment begins.
I need to look into something similar for Georgia for my grandsons future college. It’s never too early to start saving!