As part of our commitment to your child’s education, we want to share with you information about the Florida Prepaid College Board’s Open Enrollment Period, the annual time when families can open Prepaid Plans. The Open Enrollment period ends February 28, and we wanted to ensure your family was aware of the opportunity to start saving for your child’s future education. College might seem like a long way off, but starting to save now means your child’s tuition will be covered when they need it.
All Florida Prepaid College Plans are guaranteed by the State of Florida, and while the plans are designed to be used in state, if your child attends an out-of-state or private college, the plan will pay the same amount as it would pay at a public college or university in Florida. The five Florida Prepaid Tuition Plans offer a variety of options starting at just $47 a month. The younger your child, the more years you have to save, and the lower the monthly payments for a Florida Prepaid Plan.
It is never too early to begin investing in your child’s future. Multiple studies have found that students with college savings are more likely to attend and finish college and that having a degree greatly improves lifetime earning potential. A Georgetown University study estimates that a student with a bachelor’s degree can earn $1.6 million more in their lifetime than a student with only a high school diploma.
We are also pleased to offer a promotional code, SUP1617, for a 50 percent discount off your application fee when you purchase a Florida Prepaid Tuition Plan before Open Enrollment ends February 28. As we prepare your child academically, you can begin preparing them financially.
Open Enrollment ends on February 28, 2017.
Learn more at www.myfloridaprepaid.com.