I’m one of the lucky ones. Between the generosity of my parents and grandparents and earning a Florida Bright Futures scholarship, I graduated from college with $0 student loan debt.
I have many friends who weren’t as lucky. They are still struggling to manage that debt as well as all of life’s other big expenses.
As a parent to a (now) 3 year-old, I very much plan to give her the same gift. I talked about it a little bit on the blog before the holidays. Now, I finally have a plan in place to save my child from student loan debt thanks to Florida Prepaid. Here it is:
For approximately $214 a month, I can pre-pay for my daughter to attend a Florida 4-year university. The plan, of course, is designed to be used at a Florida College or State University. However, the amount covered by it can also be applied to other schools nationwide.
Learn about plan options to save your kids from student loan debt >>> http://www.myfloridaprepaid.com/what-we-offer/
In addition to Florida Prepaid, you can also opt to set up a Florida 529 Savings Plan. It allows you to choose from investment options and decide how much and how often you contribute.
You can also have both plans.
The biggest difference between the two is that the Florida 529 Savings Plan is subject to fluctuations in the financial markets, while the Florida Prepaid College Plan is guaranteed by the State of Florida.
Open enrollment is NOW!
Florida Prepaid’s Open Enrollment period is now through February 28 (2017). There’s never been a better time to get started! This is also the only time each year you can purchase Prepaid Plans- FYI. There is no payment due until April 20, 2017.
Want to save even more money?
Head to www.myfloridaprepaid.com and use my promo code: BLOG1617. You’ll get 50% off your application fee – a savings of $25!
Sponsored: This how to save your Boca kids from student loan debt post was sponsored by Florida Prepaid via Bloggin Mamas. All opinions expressed in this blog post are my own and not influenced in any way by the sponsor. Any statistic, quote or other representation about a product or service should be verified with provider, so please refer to this site’s Disclosure for more information. I was compensated for this post, but that does not impact my views or opinions.