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Florida Prepaid College Plans deadline is Tuesday

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(John Couwels/CNN)

TALLAHASSEE, Fla. – The deadline to enroll in Florida Prepaid College Plans this year is Tuesday.

Families can lock in tuition plans that remain near historic lows for the third year by purchasing one of the Florida Prepaid College Board’s five prepaid tuition plans and prepaid dormitory plans.

This year, families can purchase a four-year Florida University Plan for a newborn for as low as $187 a month, a 2+2 Florida Plan for under $148 a month or a four-year Florida College Plan for less than $117 a month. The one-year Florida University Plan for a newborn starts as low as $47 per month and covers 30 university credit hours.

If a child attends an out-of-state college or private college, Prepaid Plans will pay the same amount as they would pay at a public college or university in Florida. Also, if a child receives a scholarship, Plan purchasers can get a refund for the same amount as the plan would pay a public college or university in Florida. Every Prepaid Plan is guaranteed by the State of Florida.

“Our two- and four-year Florida College Plans allow families to save for college in a more affordable manner, which is part of our commitment to making saving simple and accessible,” said Board Executive Director Kevin Thompson. “However families save, we hope they will use this Open Enrollment period to learn more and start saving for college.”

For more information, visit MyFloridaprepaid.com.