This post is sponsored by the Florida Prepaid College Board, through my role as a Believer Blogger. All thoughts are my own.
Last fall, I announced my partnership with Florida Prepaid College Plans. I was thrilled to be part of their first “Believer Blogger” campaign because Florida Prepaid has genuinely made a big difference in my own life. It’s a program that I believe in. And I’m so pleased that they asked me to be a part of their 2015 campaign.
Just a little backstory, in case you missed my post from last year. In 1988, during the Florida Prepaid College Plan’s inaugural year, my parents purchased college savings plans for me and my sister. I was in the ninth grade, and my sister was in elementary school.
When I started attending the University of Florida (GO GATORS!) four years later, my entire college tuition was already paid for. Even better – I paid in-state tuition despite the fact that my family moved to another state in 1990. My tuition was already paid for at an in-state rate that was locked in back in 1988. Double win! And it worked out even better for my sister, who’d moved to two additional states by the time she started UF in 1997.
When our first daughter was born in 2005 and we became a one-income family, my husband & I had to make some pretty big lifestyle adjustments. Still, purchasing a Florida Prepaid College Plan for her was a priority – so when Open Enrollment rolled around, we purchased a 2+2 Florida College Plan for our newborn. We did the same for her baby sister 3 years later.
The 2+2 Florida College Plan is one of several Florida Prepaid plan options. This plan covers tuition (and other mandatory fees) for 60 credit hours at one of 28 Florida Colleges + 60 credit hours at one of Florida’s 12 State Universities. With this plan, your child can earn the same degree in the same amount of time as if they went straight to university for less money. And students with this plan are guaranteed admission to a state university once they’ve earned their associate’s degree at a Florida college.
Open Enrollment for Florida Prepaid College Plans begins on October 15, 2015. I’ll be sharing more specifics in the weeks to come, but for now here’s a quick look at monthly plan prices for newborns:
Need more info? This Interactive Conversation will help you learn even more about the Florida 529 Savings Plan and Florida Prepaid College Plans. (The page actually “talks” you through various steps, so make sure you plug in your headphones if you’re out in public.)
Check back soon for updates, and remember – Open Enrollment begins on October 15!
I honestly feel that the Florida Prepaid Program is the best investment you can provide for your child(ren) and their future. With a little budgeting, there is at least one plan that can fit in your budget!
I absolutely agree! Best financial decision my parents ever made, and hopefully the same will be true for me & my family.