Florida Prepaid College Board
Financial ServicesFlorida, United States11-50 Employees
The Florida Prepaid College Board administers two qualified tuition programs under Section 529 of the Internal Revenue Code to serve Florida families and consumers nationwide. The Prepaid Program lets families pay for future college costs—tuition, required fees, and dormitory housing—at current prices, effectively shielding them from rising enrollment costs in Florida state institutions, while the Savings Program offers a broader investment path for higher education expenses beyond Florida. The board operates as a Florida state agency with policy oversight from seven members, housed within the State Board of Administration but functioning independently, and it also oversees related programs such as Florida ABLE and the Florida Prepaid Tuition Scholarship Program administered by a dedicated foundation. Based in Tallahassee, Florida, the organization serves a national audience through its websites and partner networks, and its activities are supported by a small, professional team. A recent development includes initiatives around expanding prepayment offerings, including a specialized Prepaid Dormitory 529 Plan introduced to help families address dormitory housing costs.
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