Deadline Jan. 31 to enroll in Florida prepaid college at current rates
Families have only three weeks left to purchase a Florida Prepaid College Plan at current plan prices. Enrolling children by the Jan. 31 deadline is easy to do online at www.myfloridaprepaid.com.
A recent survey from financial services firm Edward Jones shows 33 percent of Americans chose ‘increase savings’ as their top financial resolution for 2010. Increasing savings topped the list for both men and women, along with other financially-focused resolutions. For the past 21 years, more than 917,000 children have been enrolled in the Florida Prepaid College Plan and 230,000 students have gone to college using their prepaid benefits.
“The earlier families begin saving for college, the better,” says Chairman Duane Ottenstroer of the Florida Prepaid College Board. “And, the Florida Prepaid College Plan is financially guaranteed by the state of Florida. Once your family has purchased a Florida Prepaid College Plan, your payments are fixed and never increase, and you don’t have to worry about the economy when it comes to college savings.”
Prepaid tuition can be purchased for children and grandchildren as soon as they are born and up until the 11th grade. With college tuition representing just 16 percent of the total cost for attending a public university in Florida, four flexible plans are available through Florida Prepaid College Plans comprising of tuition plans, the tuition differential fee plan, local fee plan and dormitory plan to help cover the costs of a college education.
“Every grandparent would like to see their grandchildren get a college education,” says Florida Prepaid purchaser, Justine Kellner McGheehan of Tallahassee. “You want the best for them and one of the best things you can give them is a head start towards a college education.”
Once children are ready for college, they have a broad selection of universities to choose from under the Florida Prepaid College Plan. The plans can be used at Florida’s 11 public universities, 28 community colleges (including the nine colleges offering baccalaureate degrees) and select technical schools. Or the plan’s full dollar value, what would be paid to a Florida public college, can be transferred to most private and out-of-state colleges.
Only a $50 application fee is due by the January 31 deadline. The first plan payment is not due until April 20, 2010. Families can call 1-800-552-GRAD (4723) to order an Enrollment Kit and paper application in English or Spanish and speak to a customer service representative.
Related posts:
- Give the Gift that Children Can’t Outgrow: A College Education
- FLORIDA COLLEGE SYSTEM TOPS NATIONAL RANKINGS FOR EIGHTH STRAIGHT YEAR
- College Academy @ Broward College to Hold Open Houses
- College fair Nov. 5 and 6
- Florida Public Service Commission to Set FPL Rates Friday
Short URL: http://browardnetonline.com/?p=5852
Posted by Andrea Freygang
on Jan 14 2010. Filed under Broward County, College, Families, Fort Lauderdale, Local news, Money.
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