Florida Prepaid College Plans Annual Open Enrollment Begins Oct. 15

Families have until Jan. 31 to purchase a Florida Prepaid plan, locking in today’s plan prices
TALLAHASSEE, Fla. – Oct. 15, 2012 – The Florida Prepaid College Board has announced its
2012-2013 annual enrollment period – beginning Monday, Oct. 15, parents can purchase a
Florida Prepaid College Plan to prepay higher education costs at this year’s plan prices until the
Jan. 31, 2013 deadline. This open enrollment season, families can select one of four Prepaid
Plans, which will cover tuition and most mandatory fees at Florida’s 12 state universities and 28
colleges.
In 2011,The Project on Student Debt found that 49 percent of 2010 graduates left college with
more than just a degree – taking with them an average debt of $21,000. “With college tuition
rising at alarming rates in the U.S., we recognize how critical it is for families to start saving for
their children’s future higher education costs today,” said Chairman Duane Ottenstroer of the
Florida Prepaid College Board. “The consumer-friendly savings options and comprehensive
prepaid plans give Florida families an opportunity to safely secure funding for their child’s
college education, allowing families on any budget to begin planning for their child or
grandchild’s future with peace of mind.”
The Florida Prepaid College Board’s plan options include:
• 2-Year Florida College Plan: prepays 60 lower- division semester hours of tuition,
registration fees and local fees at a Florida College (formerly known as a community
college).
• 4-Year Florida College Plan: launched in 2010 in response to the evolving Florida
College landscape, this plan prepays the tuition, registration fees and local fees for 60
lower division as well as 60 upper division semester hours at a Florida College.
• 2 + 2 Florida Plan: prepays 60 lower division semester hours of tuition, registration fees
and local fees at a Florida College and 60 undergraduate semester hours of tuition,
registration fees, tuition differential fee and local fees at a state university in Florida.
• 4-Year Florida University Plan: prepays tuition, registration fees, the tuition differential
fee and local fees for 120 semester hours at any of the 12 state universities in Florida.
Since 1988, families have purchased more than 1.5 million Florida Prepaid College Plans,
making it the largest and longest continuous operating prepaid plan in the nation. Nearly one in
ten children in the state has a Florida Prepaid College Plan. When your child is ready for
college, the Florida Prepaid College Plan will cover the cost of tuition and most required fees at
Florida’s 12 state universities and 28 Florida Colleges (formerly community colleges) and can
also include dormitory housing. If the student decides to attend an out-of-state college, technical


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