Gov. DeSantis announces price cut for Florida Prepaid plans
More than 108,000 plans are now paid in full and can receive an average cash refund of $4,700. Plan holders also have the option to transfer their refund to a Florida Prepaid savings account for other college expenses like books, supplies and housing.
Desantis says pricing for the upcoming 2020 plan year will have the lowest rates in five years, starting at $44 a month for a newborn.