Scholarship Plans & Pricing

• Whether your organization prefers a pre-designed program, focused on specific needs-based or merit-based scholarships, or you want to build a custom program and select your own students, we have you covered.
• With matching funds from the Florida Prepaid College Foundation, and reduced priced scholarship plans, your organization only pays a fraction of the total value of the scholarship.

• The Foundation Scholarship Plans have all the characteristics and benefits of traditional Prepaid Plans except these plans are non-refundable and non-transferable.
• This allows us to price the Scholarship Plans even more affordably, and it reduces the administrative burden on our partners to manage scholarship usage in the future.
• The Scholarship Plan pricing is available in a “Nationwide” or “Florida Only” school usage format.

Contact us today to learn how your organization can more than double the impact of your dollars and help aspiring students build a better future for themselves through higher education, including university and college, vocational and technical training.

Private scholarships are not eligible to receive a match or to purchase Foundation Scholarship Plans.

For more information, review our FAQs and/or contact us at prepaid.foundation@myfloridaprepaid.com to schedule a consultation and learn more about how new Foundation Scholarship Plans can benefit your organization.

Pricing Schedules

Traditional Prepaid Plan Scholarships Pricing – 2025

Foundation Scholarship Plans – Nationwide Pricing – 2025

Foundation Scholarship Plans – Florida Only Pricing – 2025

Pricing Calculators

Traditional Prepaid Plan – Scholarships Pricing Calculator – 2025 (Excel download)

Nationwide Pricing Calculator – Florida Scholarship Plans – 2025 (Excel download)

Florida Only Pricing Calculator – Florida Scholarship Plans – 2025 (Excel download)

How are Foundation Scholarship Plan prices determined?

Like traditional Prepaid Plans, prices are actuarially determined – considering current tuition and fee rates, anticipated tuition inflation, and investment yields to cover future college costs at a price less than the expected cost. And, by incorporating scholarship usage and our termination experience into the actuarial calculation, we can offer these new Foundation Scholarship Plans at a reduced cost for all of our Foundation partners.

How is a new Foundation Scholarship Plan similar to a traditional Prepaid Plan?

The student receives the same value at approved colleges/universities. For example, a traditional Prepaid Plan and a new Foundation Scholarship Plan can both offer a student the same opportunity to pay for 60 credit hours at a Florida College when utilizing a 2-Year Florida College Plan.

How are these new Foundation Scholarship Plans different from a traditional Prepaid Plan?

Our new Foundation Scholarship Plans are designed for only one recipient; unused credit hours, if any, are non-refundable and non-transferrable. This results in a significantly lower price with no long-term scholarship administration for the Foundation partner.

When do I need to name a student to a new Foundation Scholarship Plan?

A student must be named within 120 days of purchase.

Can I buy a new Foundation Scholarship Plan now?

Yes.

Can I cancel an existing traditional Prepaid Plan and purchase a new Foundation Scholarship Plan?

Yes.

Is anything changing about my existing traditional Prepaid Plans?

No. Your current Prepaid Plans still offer the same great coverage and flexibility.

Can I still purchase a traditional Prepaid Plan?

Yes. We will continue to offer the same traditional Prepaid Plans that you have purchased as scholarships before. The new Foundation Scholarship Plans offer your organization an additional purchase option to award more scholarships and sooner.