Tampa Bay Newspapers
9911 Seminole Blvd.,
Seminole, FL 33772
Phone: (727) 397-5563
Fax: (727) 397-5900
Submit News
  
 Search
  9911 Seminole Blvd. Seminole, FL 33772       Ph. 727-397-5563   View TBN's FREE e-Edition today!  
Click here to learn more
School News Facebook Twitter
Governor signs college affordability bill
Article published on
  Print E-Mail
 
TALLAHASSEE – Gov. Rick Scott recently signed into law House Bill 851, a bill sponsored by Sen. Jack Latvala that will reduce the cost of a four-year Florida University Plan for newborn children by nearly $20,000.

Among several sweeping changes, the bill provides a reduction in the future cost of Florida’s state universities, allowing the Florida Prepaid College Board to better predict tuition and fee costs covered by the Stanley G. Tate Florida Prepaid College Program.

Before passage of the bill, the cost of a Florida Prepaid Contract for a university had grown to more than $50,000 for a four-year newborn plan, pricing many families out of their dream of saving enough money so that their children can get a higher education.

“Providing greater access to a college education is one of the most fundamental ways we can ensure economic growth and a better quality of life for the people in our state,” Latvala said in a press release.

Latvala said he considered this bill a top priority during the 2014 Legislative Session.

“This bill will make higher education in Florida more affordable for everyone so that their dreams of success can become a reality,” he added.

The Florida Prepaid Board estimates that the lump sum price of the four-Year Florida University Plan for a newborn will drop from the current price of $54,000 to $35,000 or less. Those with current Florida Prepaid plans will also see a reduction in the cost of their plans, with about 50,000 existing plans receiving refunds or payment reductions because of the new law. According to the Board, eligible accountholders with Florida Prepaid can expect to be notified in September about their specific refund or payment reduction.

For more information about the impact of HB 851 on the Florida Prepaid College Program, visit www.myfloridaprepaid.com/need-help/lower-prices.
Article published on
Copyright © Tampa Bay Newspapers: All rights reserved.
Printable Version E-mail article
NuSmile
Community Focus Online
Featured Print Advertisers
Oakhurst & East Bay Medical
13020 Park Blvd., Seminole
(727) 393-3404
3800 East Bay Dr., Largo
(727) 539-0505

Web site        View Ad
:)
Abbey Carpet & Floor of Largo
13120 66th St. N.
Largo
(727) 524-1445

Web site        View Ad
:)
Tarpon Springs Merchants Association

tarponspringsflorida@gmail.com

Web site        View Ad
:)
Casino Over Under

Web site        View Ad
:)
Flooring America
9012 Seminole Blvd., Seminole
(727) 397-5509
100 Patricia Ave., Dunedin
(727) 733-1356

Web site        View Ad
:)
Bell Hearing Instruments, Inc.
801 West Bay Dr., Suite 405, Largo (727) 585-2675
Factory Location
700 Stevens Ave., Oldsmar (813) 814-2355

Web site        View Ad
:)
Florida Center for Back & Neck Pain
Dr. Greg Hollstrom
11444 Seminole Blvd.
Largo
(727) 393-6100

Web site        View Ad
:)
Tarpon Springs Recreation Division
Sunset Beach Concert
Red House Road, 8/6 @ 7 p.m.
(727) 942-5628

Web site        View Ad
:)
Custom Couture of Tarpon Springs
208 East Tarpon Ave., Tarpon Springs
(727) 238-7194

Web site        View Ad
:)
NuSmile Dental
13611 Park Blvd., Suite G
Seminole
(727) 475-7866

Web site        View Ad
:)
Tampa Bay Newspapers
Online Advertising
For information, e-mail
webmaster@tbnweekly.com
:)
Online Services Directory
MEDICAL DIRECTORY   ONLINE DINING GUIDE
MEDICAL DIRECTORY ONLINE DINING GUIDE
AUTOMOTIVE GUIDE REAL ESTATE GUIDE
AUTOMOTIVE GUIDE REAL ESTATE GUIDE
TBNWeekly
Tampa Bay Newspapers
9911 Seminole Blvd.,
Seminole, FL 33772
Phone: (727) 397-5563
Fax: (727) 397-5900
Submit News