Disclosure: This post is sponsored by the Florida Prepaid College Board, through my role as a Believer Blogger. All thoughts are my own.
At 18 months, my daughter Tenley had the security of a favorite stuffed animal. At 17 years, she was poised to enroll as a freshman at Valdosta State University, with her tuition already taken care of through the Florida Prepaid College Plan.
My parents bought the Florida Prepaid College Plan for Tenley with a lump sum payment of around $7,000 when she was an infant. That investment will result in approximately $32,000 worth of college education. The ultimate security.
A Grandparent’s Gift
When I asked him about his choice to purchase Florida Prepaid College Plans for my children when they were infants, my dad said, “I am not a financial genius; however, I was fortunate enough to have the money to invest in our grandchildren’s future.”
Maybe it isn’t genius level to make such a stellar and long-lasting investment, but it is certainly smart if you ask me!
More About Florida Prepaid
The Florida Prepaid College Plan kicked off Open Enrollment on October 15. The Open Enrollment period closes on February 28, 2015. There are two incredible new changes this year:
- Prices are at their lowest point since 2007 (as much as 50% lower)!
- There is a NEW 1-Year Florida University Plan with a monthly payment of $43.30 for newborns.
In addition, the $50 application fee for newly opened plans will be waived through December 31, 2014!
Although my parents chose the lump sum option and started when Tenley and Wayne were infants, there are a variety of payment plans for children of all ages. (And payments don’t begin until April 2015.)
For more information, visit the Florida Prepaid College Plan by clicking here. If you prefer to speak with someone by phone, please call 800-552-GRAD (4723).
I am a Blogger Believer because a Florida Prepaid College Plan has been one of the primary factors in securing my children’s future.
What are your dreams for your child’s future?