In recognition of National College Savings Month, Governor Ron DeSantis highlighted the record refunds being given to parents through the Florida Prepaid program. The Governor also encouraged Florida families to consider utilizing the state’s affordable prepaid college plans.
“Because of our focus on academic achievement and fiscal responsibility, Florida has both the number one ranked higher education system and the lowest tuition in the country,” said Governor Ron DeSantis. “Florida’s flexible college savings options like the Florida Prepaid program allow parents to get a head start on paying for the future, and even get money back when tuition stays low. And because I have ensured tuition has not been raised in Florida since I’ve become Governor, we have another round of refunds available for parents now.”
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“Florida is setting an example for the rest of the nation for ensuring that students can access higher education without taking on high amounts of debt,” said Florida Department of Education Commissioner Manny Diaz, Jr. “I am proud that Florida not only offers options like Florida Prepaid, but we are also returning money to parents because Governor DeSantis has kept tuition low.”
Florida has returned almost $1 billion to families through Florida Prepaid refunds. This program has a 35-year history of helping over 1.2 million Florida families save for college, enabling graduates to enter the workforce without the burden of significant student loan debt.
Under Governor DeSantis, Florida has secured two rollbacks on Florida Prepaid Plan rates, leading to hundreds of thousands of families paying less and cumulative plan rate reductions of $2.6 billion.
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Over 40,000 families still need to claim their 2024 refund, with over $130 million in unclaimed refunds available. To check for unclaimed refunds, parents can log in to their Florida Prepaid account.
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