Children grow every day, and the cost of college is growing even faster. That’s why the State of Florida now offers two plans to help families save for college. The popular Florida Prepaid College Plan and the new Florida College Investment Plan give families the choice, options and flexibility you need to reach your college savings goals.
And now, to make saving for college even easier and more affordable, Broward Community College is proud to announce that we are offering payroll deduction for both plans.
Florida Prepaid College Plan – The Florida Prepaid College Plan locks in the cost of college tuition, local fees and dormitory housing at today’s prices – guaranteed! When your child is ready for college, the plan covers the actual cost at any Florida public college, or you can transfer the value of the plan to most private colleges in Florida, select technical schools and most out-of-state colleges.
Florida College Investment Plan – The Florida College Investment Plan is a new way to save for college with a wide range of investment options. With the Florida College Investment Plan, you can save for any qualified college expense, at most any college, anywhere in the country – tax-free! *
You don’t have to choose between the Florida Prepaid College Plan and the Florida College Investment Plan. You can sign up for one or both plans.
Sign Up Today - For more information or to request an Enrollment Kit and application, call the program directly at 1-800-552-GRAD (4723) and press prompt 1 or visit www.florida529plans.com. Please return your application directly to the program.
The BCC Benefits Office also has a limited number of Enrollment Kits; you can call 954-201-7337, 7552 or 7613 to request a packet.
Payroll Deduction:
To request payroll deduction, include that request on your enrollment form or if you are already enrolled, simply contact the Program directly and request payroll deduction. There is no cost to participate in payroll deduction. The Program will notify BCC of all employees participating in payroll deduction.
Grow for It! A college education is one of the most important investments you will ever make.
* The law allowing federal tax-free qualified withdrawals is set to expire on December 31, 2010, and may or may not be extended. If the law is not extended, the earnings will be taxable to the beneficiary (student).
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