Dear Prepaid Plan Customer, I am pleased to inform you that the monthly payment amount for your Prepaid Plan has been lowered, without any change to your coverage. This reduction has been made possible due to successive years of lower than anticipated tuition and fee increases. On behalf of the Board, I thank Governor Ron DeSantis (see message below) and the Florida Legislature for their efforts to make a college education more affordable for Florida students and families. Your new lower monthly payment amount applies to both prior and future payments. Therefore, based on the amount you have already paid, your Plan is now “Paid in Advance.” Now you have the opportunity to pay off your Plan earlier than expected just by continuing to make payments every month. If you pay via automated contributions (ACH), payments will continue without pause at the lower monthly amount. Log in today at myfloridaprepaid.com and view the Plan Details tab to see your new lower monthly payment and next payment due date or to request an overpayment refund. Thank you for choosing Florida Prepaid to save for your child’s college education. If you have any questions, please visit our website to review our Price Reduction FAQs at myfloridaprepaid.com/lowprices.

Sincerely,





Chairman John D. Rood

Florida Prepaid College Board

Message From Governor Ron DeSantis

"As a father of two children, with a third on the way, I understand the importance of planning for their education now, so they don’t have to worry about the financial burden of a postsecondary education once they enter the workforce. As Florida’s Governor, I believe in providing families with the opportunity to invest in their children and receive an affordable higher education. That’s why my administration has worked hard to be responsible stewards of your tax dollars by curbing rising college costs while improving the quality of education your student will receive. This hard work is paying off. Thanks to years of stable tuition rates and a thriving economy, I am pleased to inform you that you will be receiving either a cash refund or reduced Florida Prepaid College Plan payments. By keeping the price of higher education affordable and creating an economy that allows the job market to expand, we are committed to the success of the state and all Floridians. That is why my Bolder, Brighter, Better Future Budget will continue to halt the steep rise of tuition. I will continue to support initiatives that reduce the burden on students and their families as they pursue a higher education. I will continue to work hard so the pathway to success is open to all Floridians." – Governor Ron DeSantis

