Florida Prepaid College Board to lower cost of prepaid plans

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Fla. (WCJB) -

Knowledge is priceless, but many Florida residents will get it at a discount.

On Monday, Governor Ron DeSantis announced that Florida Prepaid plans are being lowered.

The Florida Prepaid College Board will lower prepaid plans by $1,300,000,000.

The change will affect 224,000 families, half of whom will receive refunds.

The board says the savings are due to lower then expected tuition increases.

To check your family's plan or to sign-up, visit the Florida Prepaid website.