Thinking about buying a prepaid college plan before the prices go up again? You have until 11:59 p.m. Monday to enroll. After that, you will have to wait until October, when next year's plans are unveiled.
The costs of the most popular four-year university plans have skyrocketed in recent years. This year, it costs $45,367 for a newborn, which can be paid installments of $856 a month for five years or $282 a month until the child goes to college. All mandatory fees are included in this year's price.
Prepaid is also offering a plan where students can get a bachelor's degree at a state college, formerly known as a community college, for $16,514 for a newborn. The full value can be transferred to a university if the child goes there instead, but it will likely cover less than 40 percent of tuition and fees.
For more information or to enroll, go to myfloridaprepaid.com or call 1-800-552- 4723.
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