This post is sponsored by Florida Prepaid College Plans. Use Florida Prepaid College Plans promo code SWEET2021 to save $25 off your application fee. All thoughts and opinions are my own. Please see my disclosure policy.
The past year has been one of uncertainty for so many. When I look back at 2020, it is amazing to reflect on just how much that has happened. In the midst of physical and financial loss, to political and social unrest, one thing that I am thankful for is the bond that our family has. We have learned so much about one another, and our love is stronger than ever before.
While it seems that many families may not have saving for college at the top of their to-do list during these difficult times, you just might be surprised! In a recent survey conducted by the Florida Prepaid College Board, statistics show that 60% of Florida families have maintained saving during the pandemic and 24% increased their college savings. Those statistics are amazing! Now, more than ever, Florida families are realizing that saving for college is a top priority.
Bright days are ahead for our boys, and we are so excited to see what their future holds! Drew has dreamed of working for NASA or Space-X since he was very little, and Brady has huge aspirations to become an airplane pilot. Whether our boys decide to attend a college/university, or vocational school of their choice to pursue their dreams, we can rest assured and be financially prepared thanks to help from Florida Prepaid College Plans!
While it seems that many families may not have saving for college at the top of their to-do list during these difficult times, you may actually be surprised! In a recent survey conducted by the Florida Prepaid College Board, statistics show that 60% of Florida families have maintained saving during the pandemic and 24% increased their college savings. I was honestly surprised by those statistics! Now, more than ever, Florida families are realizing that saving for college is a top priority.
I am excited to let you know that you too, can start saving for your child’s future college education! 2021 Florida Prepaid Open Enrollment is happening now! Use promo code SWEET2021 through April 30, to save 50% off your enrollment fee. NOW is the time to prepare, plan and save for your child’s future education!
- Prepare for the future by opening a Florida 529 Prepaid College Plan
Since 1988, Florida Prepaid College Plans has been offering Florida residents an affordable and stress-free way to save for their child’s college education. In fact, Florida Prepaid is the longest running prepaid program in the nation! Fun fact: To date, there have been over 1.8 million Prepaid College Plans sold! (We are thrilled to be included in that number!)
Our family appreciates that Florida 529 Prepaid College Plans, allow us the flexibility to prepay for our boy’s future college savings on a monthly basis. This really helps us to take the guesswork out of planning, and we know exactly how much that we are setting aside each month for their college education. You can even opt to pay a lump sum amount if that is a better option for your family. Either way, saving for college has never been easier!
You will also be happy to know that there are several plan options to choose from, including a 2-year prepaid plan to a 4-year plan. They even offer a 1-year University plan, which is the most flexible option. The 1-year University plan is actually what we have, and I love that this plan allows for us to add years as we choose, and family members can even purchase additional years if they opt to do so. If you are looking to start small, this is the plan for you! It is important to remember that saving something for your child’s future education is definitely better than nothing at all!
529 Prepaid College Savings Plans are guaranteed by the state of Florida and allows you the ability to lock in future college costs for less. Since these 529 Prepaid College Plans are guaranteed by the state of Florida, you can rest assured in knowing that you will never lose your investment. This is a risk-free investment that you don’t have to worry about. These were huge deciding factors for our family and gives us such peace of mind!
2. Plan for the future with Florida Prepaid College Plans
What if your child decides that they want to attend an out-of-state college, vocational school, or private school? No problem! Florida Prepaid makes it super easy! Their plan will travel with them and will pay the same amount that it would have paid at a public university or college in Florida. Florida Prepaid will apply funds to other schools what would have been paid to a Florida school. Just another reason why we love these plans- they are very flexible!
What if your child decides that they want to wait a few years after graduation to attend college? Can you still use their 529 Prepaid College Savings Plan? The answer is YES! In fact, a Prepaid Plan locks in coverage for up to 10 years AFTER their projected high school graduation/college enrollment! If your child decides that they don’t want to attend college, you can transfer the funds to another family member or request a refund. It is that simple.
What if your child receives a scholarship or Bright Futures?
I was excited to find out that 529 College Savings Plans can be used in conjunction with scholarships and Bright Futures. These scholarships can help to cover even more college costs like dormitory housing, books, fees and more. I am going to encourage my boys to apply for as many scholarships as possible.
How does my Child use their Florida 529 Prepaid College Plan?
Florida Prepaid simply takes care of everything! They will send the student a First Time in College notification in the spring of their college enrollment year. This will provide the basic information on how the Prepaid Plan is used. Payments are automatic from Florida Prepaid directly to the school, so you don’t have to worry about a thing!
3. Save for the future with Florida Prepaid College Plans
Are you ready to start saving for the future with Florida Prepaid College Plans? Simply pick the best plan that fits your family’s budget and let the saving begin! Plan options start at $45 a month, so there is an affordable college plan for every budget. You can even get personalized monthly payment pricing and estimates for each plan based on your child’s birth date HERE. Prepare now and plan for the future. Your child’s future. Your child’s dreams and goals.
In less than 15 minutes, you can be on the way to a brighter tomorrow for your children. Open Enrollment is happening through April 30, and you can use Florida Prepaid promo code SWEET2021 to save 50% off your enrollment fee. Sign up HERE to start saving today.
Give your children the best gift of all, the gift of debt-free college!
We can’t wait to see where the future will take our boys! They are going to do great things and I am so thankful that we have Florida Prepaid College Plans to help us along this journey.
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