Florida Parents: Are You Saving For College?

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If you’re an adult living in Florida- chances are you’ve heard of the Florida PrePaid Scholarship Program. But are you saving for your child or loved one’s college and future education? There is no other experience that illustrates just how fast time passes than parenting. One moment you are bringing your baby (or babies) home from the hospital, and the next your not-so-little-one is graduating high school. Somewhere in between you’ve spent thousands on clothes, food, toys, extra curricular activities, vacations, doctor’s appointments…the list is endless. Let’s face it, parenting is expensive, and it doesn’t end when they turn 18: they still have to go to college.
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Funny story… when my husband and I surprisingly found out that we were pregnant with twins a few month into our pregnancy, the first reaction to the news was “Ayyy Dios Mio- that’s TWO college tuitions in one shot!!’ My mom immediately suggested that we focus on diapers and formula at the time, but we blinked and PPOOOFF- we’re closer to college everyday.
Thankfully, The Florida PrePaid College Program was our saving grace when our girls were born. It is not only the parents who can contribute to create college savings plans but also Abuelos (grandparents), Tias & Tios (aunts and uncles) and others.
Our girls just turned 13, and we’ve got just a handful of years before we see how our investment in their future pays off.
The great thing about The Florida PrePaid College Program is that even if you didn’t sign up for it when your child was born, it’s not too late. Their website allows you to compare plans, to see how much each will cost based on your child’s age, and your estimated payment amount based on whether you choose monthly payments, the 5-year plan, or a lump sum payment. Plans can cost as little as $43 a month for a newborn.  Did you know that tuition in Florida is less expensive than 46 of the country’s 51 university systems? The State of Florida is ahead of the curve, and the time to take advantage of that is NOW: prices are currently the lowest they’ve been in over six years.
I invite you to look at their website http://www.floridaprepaidscholarshipprogram.com/ 
THE TIME IS NOW TO plan ahead for your child’s future. But don’t delay, open enrollment for the current year ends on February 28, 2015

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5 thoughts on “Florida Parents: Are You Saving For College?

  1. Es cierto… desde que están pequeñitos hay que pensar en el momento en que irán la Universidad, que en un abrir y cerrar de ojos crecen… Gracias por la info.

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