Welcome to

The letters are in the mail and checks soon will be to more than 40 thousand Florida families that will see lower Prepaid college costs. The lower fees are a direct result of a new law.

Nate Friedel of Tampa is one of 110 thousand students attending a Florida college on a pre paid scholarship. “I know for my family it would be a lot more difficult. It’s nice not having to worry about the finances for college…as much.”

Now letters announcing a drop in costs are going out to 22 thousand families who purchased a PrePaid plan in the last six years. This five year old plan is seeing  monthly costs drop from 189 dollars to just 108.

18 thousand families who paid in full will see refunds ranging from three dollars to as much as 28 thousand. Lower payments kick in with this months payment. But for those getting a refund, they’ll have to wait until late October or early November.

PrePaid spokesperson Shannon Colavecchio says the drop is a direct result of legislation limiting future tuition hikes. “It allowed us to say, okay, those projections we had made about college cost are actually going to go down, so we can lower the price of the plan.”

The lower tuition was championed by Rick Scott, who said during his State of the State in March “We have to make it more affordable”.

He crowed about it when it passed on May 2nd. “Lower tuition for every Florida Family”

And The Republican Party has made the drop a central theme of Scott’s reelection with a TV spot slamming Charlie Crist and promoting the Governor.  “Now Governor Rick Scott is making college more affordable” chimes the ad.

So, it is no surprise Scott also included a letter to plan participants letting them know he signed the legislation making tuition more affordable,

Overall 200 million is being refunded and another 700 million won’t be collected under the lower prices. People who purchase a plan when enrollment opens on October 15th, and before the end of the year will have the 50 dollar application fee waived.