<p>Does Bright Futures pay for Housing? I also have the Florida Prepaid Plan with tuition only, and want to know how it works.</p>
<p>Also, does declaring that you have the Florida Prepaid Plan on the UF Application make you less eligible for scholarships and other financial aid? I'm asking this because my dad was considering withdrawing the money from the plan and using it to pay for other school-related fees and such.</p>
<p>no BF only covers tuition and some books...use your prepaid to pay for housing</p>
<p>Answers from prepaid website:</p>
<p>Q: What do I do with my Prepaid Plan benefits if my child is eligible for a Bright Futures Scholarship?</p>
<p>A: Account owners may choose one of three options if their child is eligible for this scholarship.</p>
<ol>
<li><p>The account owner may use the Florida Prepaid College Plan benefits as originally planned. The college or university will issue a check to the student for the scholarship. These funds may then be used by the student to offset expenses that are not covered by the Prepaid contract. </p></li>
<li><p>The account owner may transfer the contract to a family member of the original beneficiary; however, plan benefits may not be transferred in the same year usage occurred. Please see “Account Owner Eligibility” for guidelines. Click here to view the Beneficiary Change Form.</p></li>
<li><p>The account owner may request a scholarship refund and receive an amount equal to the current rates for state university fees paid on a semester-by-semester basis. Click here to view the Scholarship Refund Form .</p></li>
</ol>