Are you a procrastinator like me? Have you failed to sign up your sweet child or grandchild for Florida prepaid? If so that’s okay, there’s still time to signup for Florida Prepaid.
If you’ve already signed up, that’s great! You’re kids will be so appreciative that they won’t be burdened with student loans when they graduate from college. What an amazing gift!
You have until the end of February to sign up in Open Enrollment. And don’t forget that you can still use my code, Recipe1718 to save $25 off your application fee.
If you’ve been hesitant about enrolling in Florida prepaid, I’m here to debunk a few common myths that you may have.
Myth #1: 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.
This is great for families that aren’t sure what the future holds when it comes to where they’ll be living. Having that piece of mind that you can use funds anywhere is wonderful.
Myth #2: 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.
This is great to know, because those out of state tuition rates are crazy high!
Myth #3: 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.
This is great. And did you know if your child gets full Florida Academic State Scholarships, or any other full scholarship, you’ll get all the money back too! And then you can use that cash to fund housing, car expenses for your kid or whatever!
Sign Up your grandchildren for Florida Prepaid!
Open Enrollment Ends February 28th
So be sure to signup your child or grandchild today before you forget. This is the best gift you can give your child or grandchild.
This one put’s up with Grandma’s antics because he knows she set him up a Florida Prepaid account!
Here’s a breakdown of the plans available during Open Enrollment:
2-Year Florida College Plan
Beginning Oct. 15, the 2-Year Florida College Plan will be available for a monthly payment of $55.42 or lump-sum payment of $8,767.54 for a newborn.
4-Year Florida College Plan
Beginning Oct. 15, the 4-Year Florida College Plan will be available for a monthly payment of $119.61 or lump-sum payment of $18,924.02 for a newborn.
2+2 Florida Plan
Beginning Oct. 15, the 2 + 2 Florida Plan will be available for a monthly payment of $149.45 or lump-sum payment of $23,644.14 for a newborn.
1-Year Florida University Plan
Beginning Oct. 15, the 1-Year Florida University Plan will be available for a monthly payment of $46.61 or lump-sum payment of $7,373.92 for a newborn.
4-Year Florida University Plan
Beginning Oct. 15, the 4-Year Florida University Plan will be available for a monthly payment of $186.28 or lump-sum payment of $29,472.26 for a newborn.
How to Sign Up for Florida Prepaid
Applying for Florida Prepaid is super easy and only takes less than 15 minutes!
- Visit the website by clicking here.
- Choose which plan you want
- Fill out the application
- Make sure to use my promo code to get $25 off the application fee! Code is Recipe1718
Then you’ll be saving money each month into your new account. It’s so easy!
Florida Prepaid Open Enrollment Coupon Code
Florida Prepaid is offering a money-saving coupon code for Eclectic Recipes readers as well! Save $25 on your enrollment fee by using the code Recipe1718 — that’s a 50% savings!
Visit MyFLoridaPrepaid.com to start saving now! Remember it’s never too early to start!
And if you still have questions, visit this FAQ’s page to learn more about Florida Prepaid.
Want to Learn Even More?
Follow this link to learn even more about Florida Prepaid and watch this very Florida Prepaid Webinar: The Importance of Saving for College Now!
This post sponsored by Florida Prepaid. All thoughts and opinions mine.