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Florida Prepaid and CFO Jeff Atwater Partner to Offer State Employee Promotion to Encourage College Savings

1/26/2017

Contact: Ashley Carr
(850) 413-2842
 
  • State Employee Promo Code is STATE1617
 
TALLAHASSEE, Fla. - As part of their shared mission of promoting financial health, the Florida Prepaid College Board and Florida’s Chief Financial Officer (CFO) Jeff Atwater have teamed up to encourage state employees to start saving for their children’s college education in 2017.
 
Through the initiative, employees of the State of Florida can save 50 percent off their Florida Prepaid College Plan application fee -- a savings of $25. State employees will receive an email communication in January from the CFO’s office with promotional code activation instructions.
 
Employees can activate the promo code when buying a Prepaid Plan between now and February 28, 2017, when the 2016-17 Open Enrollment period ends. Open Enrollment is the only time each year that families can purchase one of six Florida Prepaid plans.
 
“Florida Prepaid is a benefit of living in the state of Florida, and a fantastic way to set up future generations for academic and financial success,” said CFO Atwater. “I encourage all state employees to research the available options and take advantage of the savings offered.”
 
The Florida Prepaid College Board is the largest and longest-running prepaid tuition program in the nation.  The program allows families to prepay the future cost of college tuition, specified fees and dormitory housing, with 1-Year Florida University plans starting at $47 / month for a newborn.
 
If the child attends an out-of-state college or private college, the Plan will pay the same amount as it would pay at a public college or university in Florida.  Every Prepaid Plan is guaranteed by the State of Florida.

More than two-thirds of Florida's jobs will require education beyond high school by 2025, according to state projections. And research shows that children with dedicated college savings  are two and a half times more likely to graduate from college. Florida Prepaid offers an affordable way for families to save for college and help ensure that the students of today are prepared for the jobs of tomorrow.
 
“This initiative reflects our commitment to helping Florida families save for college” said Board Chairman John Rood. “The end of Open Enrollment is quickly approaching, and we urge families to start saving as early as possible.”
 
Florida Prepaid Plans are available for purchase through February 28. For more information, visit www.myfloridaprepaid.com.
 
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