Prepaid florida college program

Payment is issued by Florida Prepaid directly to the school. Students planning to attend an eligible private or out-of-state institution must complete a Transfer Authorization request before benefits will be paid. The Transfer Authorization includes additional details about how these schools are paid. Transfer Authorizations may be submitted directly online by the Account Owner or Student. Or you may download the Transfer Authorization request at Forms.

Some institutions may require a Student Identification Card when you register and pay for classes. One of the best things about Prepaid Plans is that they may be used at any eligible educational institution. The value of the plan purchased may be applied toward the costs at the school the student chooses to attend.

Please keep in mind, in the first example above, that Florida College Plan benefits paid to a State University will deplete at a faster rate because the cost per credit hour at a State University is generally higher that the cost of a credit hour at a Florida College.

The student will be responsible for any difference not covered by their plan. Please know, options and availability can vary from school to school, and the plan does not guarantee placement in a dorm room.

Fortunately, the amount covered by this plan can be applied to other university-held housing, including some fraternity and sorority housing, or dormitory housing costs at institutions nationwide. This plan does not cover other expenses that may be associated with a dormitory, such as meal plans. So although Dormitory Plans are not designed to be used during summer semesters, because rates are significantly lower than during the fall and spring semesters, they can be used during the summer semesters upon request — please contact 1.

GRAD for more information. The plan will pay the amount otherwise paid for an approved dormitory to any eligible university-held residence, including a fraternity or sorority that is university-held. The amount paid may not exceed the cost of dormitory fees covered by the plan at the institution.

Florida Prepaid is applied to the student account first based on the number of credit hours. If you have questions concerning your specific prepaid plan or how many credits you have available please contact Florida Prepaid directly. In this Section.

If funds received exceed the specific need or goal of a Foundation program, then, at the discretion of the Foundation, any funds donated may be used for similar scholarship programs operated by the Foundation. About Us Stanley G. Learn More Today. Featured Scholarship Programs. Path to Prosperity. Control Build your own investment portfolio.

Save what you want when you want. Flexibility Covers all educational expenses tuition, housing, meal plans, computers, etc. Options 22 investment options from names like Vanguard and Blackrock. Financial experts agree, plans are the smartest way to save for college.