Prepaid College Plan AND Full Bright Futures?

<p>The amount that my daughter got this past year was about $1800 a semester (I could look up the actual amount if you need it). It just showed up in her Wachovia Account (we had set up the direct deposit thing way back at Preview) about two months into each semester. The total for the year was 3582$.</p>

<p>
[quote]
The total for the year was 3582$.

[/quote]
</p>

<p>How many credits did your daughter take for the year?</p>

<p>She took 25 credits (12 first semester, 13 spring).</p>

<p>Is this thread still valid? A lot of the links are not working as it’s from 4-6 years ago. If you request a refund of Florida prepaid (son may go out of state), are you refunded the amount of tuition in Florida at the time or the amount you paid in?</p>

<p>I would call prepaid; I was always told that you only get back what you paid if you don’t use it for school; Prepaid is not an investment account like a 529; you can still use it for OOS, but only at the in-state rate(they will apply the Florida per credit hour rate to the OOS tuition). If stay in-state, and you don’t have the local fee plan, you will pay at least $50 per credit hour in fees, and another $50 per credit hour if you bought the prepaid plan after July 2007(the tuition differential fee). These are FSU rates, but I’m sure Florida has the fees listed on their website. You can apply the BF to the fees. If you only have one year of prepaid dorm, you can then use BF towards room and board later; same with any other scholarship the school gave. BF will probably continue to pay less and less and move more towards a need based program so I wouldn’t count on current rates continuing. If you don’t use the entire 120 hours of your prepaid, then you can get refund at the end and/or use towards grad school.</p>

<p>OK- we purchased our FL prepaid before 2007. I always thought that if my kids went out of state or to an in-state private they would refund me what I paid and that is it. Are you saying that they would apply the in-state per credit cost to an in-state private or OOS?</p>

<p>Thank you in advance for clarification.</p>