Florida Prepaid College Plan pricing announced

TALLAHASSEE -- Pricing for the 2015-16 Open Enrollment period for the Florida Prepaid plans were recently approved and officials are touting another year of low prices for Florida families.

Open Enrollment begins on Oct. 15, and families will have the opportunity to purchase a 4-Year Florida University Plan for as low as $183 a month or a 2 + 2 Florida Plan for as low as $145 a month.

The Board also now offers the 1-Year Florida University Plan, which allows families to purchase up to four years at a state university in one-year increments as their budgets afford them. The 1-Year Florida University Plan starts as low as $46 per month and covers 30 university credits.

"Families have told us they want more flexible options for saving, and the 1-Year Florida University Plan is a great example of how Florida Prepaid reflects the evolving needs of families," Board Executive Director Kevin Thompson said in a statement. "We encourage families to research our Prepaid Plan options to determine what's best for them. Saving early really is the best way to save for college."

Prepaid Plans will be available for purchase during Open Enrollment, Oct. 15, 2015 - Feb. 29, 2016. For more information, visit www.myfloridaprepaid.com.

This story was originally published September 29, 2015 at 1:01 PM with the headline "Florida Prepaid College Plan pricing announced ."