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Stroll Down Memory Lane: Florida Prepaid Rolls Back Prices for 2024

Sponsored: This blog post was sponsored by Florida Prepaid College Plans. All opinions expressed in this write-up are my own and not influenced in any way by the sponsor. I was compensated for this post, but that does not impact my views or opinions.

 

 All 2024 photos in this post by HSGORDON Photography


Looking at recent photos of my kid, it’s kind of unbelievable to see how much she’s grown, even just since the pandemic.

Florida Prepaid College Plans rolling back prices in 2024

Fun fact: These pictures of #dailybocaavery were from Modern Boca Mom’s first ever Florida Prepaid photo shoot (in 2019) and I can’t believe how little my baby looks! Just as all of our kids have changed over the years, so have the opportunities for their future.

2019 | Sweet Memories Photography (Avery age 5)
2024 | HSGORDON Photography (Avery age 10)

And this year, we’re taking a BIG leap back in time with the historic rollback pricing of Florida Prepaid College Plans

 

I’m new here…what are Florida Prepaid College Plans?

Planning for your child’s higher education can be overwhelming, but with Florida Prepaid College Plans, it’s never been easier! Their prepaid savings options allow state residents to start setting aside finances for their child’s college education from day one.

 

Imagine knowing that your son or daughter’s future college tuition, fees and even dormitory housing expenses are taken care of? And when the time finally comes for your child to enter college, Florida Prepaid will cover the tuition and fees at any Florida College or State University. Even if your child chooses to attend an out-of-state or private college, or a technical school, rest assured that the plan will still pay the same amount as it would at a public college or university in Florida.

 

What’s more, each Florida 529 Prepaid Plan is guaranteed by the State of Florida, meaning you can never lose the funds you’ve invested. It’s the ultimate peace of mind – these plans are inflation-proof, risk-free, stress-free and even tax-free!

 

Lowest Florida Prepaid College Plans Pricing in a Decade

Starting at just $34/month for a newborn, Florida Prepaid College Plans are at their LOWEST PRICES IN 10 YEARS! And the best part is that this significant price reduction has brought a massive economic benefit to Florida resident families, with more than 280,000 customers seeing a collective price drop of $1.3 billion on their Prepaid Plan costs.

Florida Prepaid College Plans rolling back prices in 2024
2019 | Sweet Memories Photography
Florida Prepaid College Plans rolling back prices in 2024
2024 | HSGORDON Photography

This is a great opportunity for local families to invest in their child’s future education. With Florida Prepaid’s handy online pricing calculator, you can easily determine the exact plan costs for your child, based on his or her age.

 

Why did this happen?

These price reductions were made possible due to successive years of lower than anticipated tuition and fee increases. But there’s one caveat—it only applies to plans purchased since 2008 that haven’t started utilizing benefits. Nearly 100,000 of these customers either now have their plans paid in full or they’ll receive a refund! Refunds are expected to total more than $350 million.

 

Wow! I better go check my own online account…

 

Over 30 Years of Success

For 35 years, the Florida Prepaid College Board has managed the largest and most successful prepaid program of its kind. Over 1.2 million families have saved for college with Florida 529 Prepaid Plans, and more than 640,000 students have attended college using them!

 

Lock in Future Costs Today

Open Enrollment is the time of year when families can lock in future college tuition and dorm costs at today’s prices with a Florida 529 Prepaid Plan. Just like every year, Open Enrollment runs from February 1 through April 30, 2024. So don’t miss out!

 

As we take this stroll down memory lane looking at photos of our kids then and now, let’s also look forward to their bright futures. With Florida Prepaid College Plans, we’re not just reminiscing about the past; we’re investing in their future…but at prices that reflect the good ol’ days. 😉

Florida Prepaid College Plans rolling back prices in 2024
2019 | Sweet Memories Photography (Avery age 5)
Florida Prepaid College Plans rolling back prices in 2024
2024 | HSGORDON Photography (Avery age 10)

Sign up for your own Florida Prepaid College Plans here!


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Michelle Olson-Rogers, Modern Boca Mom Headshot

Michelle Olson-Rogers is the founder of Modern Boca Mom, a leading lifestyle site for the stylish & modern South Florida mommy. ModernBocaMom.com features local businesses, events, lifestyle and family travel options and was the proud winner of the 2019 Florida Blog Con Sunshine Award in the “Favorite Events/Neighborhood Blogger” category. Michelle is also a regular contributor to Boca Raton magazine.

 

In addition to blogging, Michelle also serves as a Community Consultant for Grandview Preparatory School, a private PK3-Grade 12 independent school in east Boca Raton. Her successful “Modern Boca Mommy & Me” program has been running there year-round since 2014.

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