This post is sponsored through my continued partnership with Florida Prepaid College Plans. There’s still time to start saving and get today’s rates for future college. Open Enrollment has been extended through May 31, 2020. Florida Prepaid is committed to Florida families as they deal with challenges related to COVID-19. If you’re still on the fence about Florida Prepaid, I have 3 reasons to enroll in a Florida Prepaid College Plan today.
Recent weeks and months have been a trying time for us all. I’m not going to lie. Things have not been Instagram perfect around here. Balancing both work and school from home has been challenging at times, and I miss getting together with family and friends.
I’m not sure how I feel about the 2-inches of grey hair that has sprouted from my head. At this point, do I go natural or get on the long waiting list to see my hairdresser?
Seriously, though, there has been so much uncertainty and the stress is real. I’m doing my best to focus on what I can control and look to the future. I know in my heart that the future is still bright for me and my family, and for yours too.
COVID-19 has thrown us one heck of a curve ball, but now is actually a great time for Florida families to start saving for college thanks to the flexibility Florida Prepaid is offering.
3 Reasons to Enroll in a Florida Prepaid College Plan
1. Get the Lowest Plan Prices in 5 Years
Money may be tight right now, but Plan prices are the lowest they’ve been in years. Earlier this year,Florida Prepaid announced a $1.3 billion price reduction. This impacted 224,000 current customers and also lowered prices for the current Open Enrollment period. The new 2020 plan prices start as low as $44/month and you can use their price calculator to learn which plan might be best for your family’s budget.
A Florida Prepaid College Plan allows families to lock in college plan prices and prepay, on a monthly or lump-sum basis, the future cost of college tuition, tuition differential fee, local fees and, optionally, dormitory housing. When your student is ready for college, the Plan pays the costs covered under your plan type at any Florida College or State University, even if the cost of college is higher than anticipated when your plan prices were set.
2. Waived Application Fee
Save $50 when you enroll in a Florida Prepaid College Plan. Florida Prepaid is graciously waiving the Application Fee during the remainder of the 2020 enrollment period. You can use my Florida Prepaid Promo Code: MOM1920 and to have the Application Fee 100 % waived through May 31, 2020. Saving $50 off the Application Fee is such a terrific way to start off investing in your child’s future.
3. Payments Deferred through July 2020
Payments for both current and new customers are deferred through July 2020. This gives some financial flexibility during a very challenging time.
Prepaid Plans like Florida Prepaid allow for stability, even in crises like this. This investment in your child’s future is 100% guaranteed by the state of Florida, so you cannot lose the money you invested in your child’s college education. This provides peace of mind during a much needed time.
Plus, there are never surprise increases. You only pay your fixed monthly payment that was established when you signed up for the Plan – even if college tuition rates are higher than originally projected when you purchased your plan.
Learn more about Florida Prepaid, sign up for a new Florida Prepaid College Plan and access your existing account 24/7 at MyFloridaPrepaid.com.
Please hang in there and be well. We’re all in this together.
You might also want to read:
Tips for Transitioning to At Home Learning
5 Reasons to Open a Florida Prepaid Savings Plan for College
5 Key Steps to Getting Started with a Florida Prepaid College Plan