Contract Coverage
Q: Are prepaid tuition, local fees and tuition differential fees measured in academic years or credit hours?
A: Prepaid tuition plans, local fee and tuition differential fee plans are measured in credit hours.
- Four-year plans (tuition, local fee, tuition
differential fee) cover 120 university undergraduate
credit hours
- Two-year community college plans (tuition and
local fee) cover 60 community college credit hours
- “2+2” plans (tuition and local fee) cover 60
community college credit hours and 60 university
undergraduate credit hours, and the tuition
differential fee plan covers only 60 university
undergraduate credit hours.
Students attending part-time may use their prepaid tuition credit over a period as long as 10 years from the projected enrollment year indicated in the contract. Years in military service do not count toward the 10-year contract expiration period.
Q: How is prepaid dormitory measured?
A: Dormitory contracts are measured in two-semester increments.
Q: What costs are covered by the Florida Prepaid College
Plan?
A: The Florida Prepaid College Plan tuition contract covers the registration fee at universities and community colleges which consists of the following categories:
- Tuition Fee
- Building Fee
- Capital Improvement Fee
- Financial Aid Fee
Local fee contracts cover fees that are imposed on individual state university and community college campuses. These fees are charged in addition to the tuition charged by the state university or community college. Local fees consist of the following five fees:
- Activity and Service Fee
- Health Fee
- Athletic Fee
- Student Activity Fee (charged by community colleges only)
- Technology Fee (charged by community
colleges only and limited to contracts purchased after 7/1/99).
Dormitory contracts cover the cost of a double-occupancy, air-conditioned room.
Fall and Spring semester dormitory fees are covered. Summer dormitory fees are not covered because the schools charge significantly lower rates during the summer than those charged during the fall and spring semesters. By using their dormitory contracts in the summer, Prepaid beneficiaries would not receive the full benefit of their contract.
Q: How will tuition benefits be paid when the student is ready to enter college?
A: The Florida Prepaid College Plan will issue an identification card and other documentation to the beneficiary to present to the college at the time of class registration and fee payment. The college will then bill the program. The student will not need cash to pay the tuition, but will be responsible for all fees not covered by the
plan.
Q: Do tuition and local fee contracts cover the cost of graduate or professional school?
A: No. There is no provision to apply contract benefits to the cost of graduate school.
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