#learey #technical #center
While Florida Prepaid Plans can be used at private and public schools both inside and outside of Florida, it s our in-state public institutions for which they were designed. Luckily, from one end of the peninsula to the other Florida is bursting with great accredited educational institutions** where you can use the benefits of your Florida Prepaid College Plan and Florida 529 Savings Plan.
Formerly known as “Community Colleges,” these institutions provide affordable, accessible education at campuses throughout the state. And, while they ve always offered Associate s Degrees and trade certification programs, more and more Florida Colleges are now offering four-year Bachelor s Degrees as well. Now, 24 of the 28 Florida Colleges (marked with * below) offer Bachelor s Degree programs. The Florida College System is committed to expanding their degree programs as the demand for education continues to grow.
* Offer Bachelor s degrees.
Some of the state s most prestigious schools, these universities offer a broad range of undergraduate and graduate degrees as well as top-notch facilities and the traditional “college experience” that most picture in their minds.
Technical (Vocational) Schools in Florida
While Prepaid Plans are designed to used at a Florida College or State University, the amount covered by the plan can also be applied at other schools nationwide. Florida 529 Savings Plan benefits can also be used at schools nationwide. We often get asked about Technical/Vocational Schools in Florida so we are providing this list for your convenience. Please do not consider this a comprehensive list of these schools.
Private/Out-of-State Universities and Colleges
While prepaid plans are designed to be used at a Florida College or State University, the amount covered by the plan can also be applied at other schools nationwide. Florida 529 Savings Plan and Florida Prepaid College Plan benefits may be applied to any eligible educational institution, as defined in s. 529 of the Internal Revenue Code. A list of these schools can be found using the Federal School Code Search through the U.S. Department of Education s Federal Student Aid Office. Some schools elect not to participate and receive Title IV funding, but could still be considered an eligible educational institution. If the school you are interested in is not listed, you may contact the school s financial aid office to determine if the school is eligible. For more information, please see the Master Contract .
** Florida Prepaid College Plan and Florida 529 Savings Plan benefits may be applied to any eligible educational institution, as defined in s. 529 of the Internal Revenue Code. The Board will transfer an amount not to exceed the current average rates payable under the Beneficiary s contract to a State University or Florida College. For more information, please see the Master Contract. The Federal School Code Search through Federal Student Aid, an office of the U.S. Department of Education, provides a comprehensive list of schools which meet the Title IV funding requirements of eligible educational institutions. Additionally, you may also ask the school s financial aid office if the school is eligible, even if it elects not to participate, to receive Title IV funding.
The Florida Prepaid College Board does not provide tax or investment advice regarding its Florida Prepaid College Plans or Florida 529 Savings Plan. Florida Prepaid College Plans are financially guaranteed by the State of Florida, Section 1009.98(7), Florida Statutes. Florida Prepaid College Plans may not cover certain fees imposed by state universities or colleges. Please read the Master Contract carefully. The Florida 529 Savings Plan is not guaranteed and is subject to market conditions. Carefully consider the investment objectives, risks, charges and expenses before investing in the Florida 529 Savings Plan. As with any investment, it is possible to lose money by investing in this plan. Please read the Program Description and Participation Agreement carefully.