Florida State Hispanic Chamber of Commerce
FOR IMMEDIATE RELEASE: Jan. 12, 2017
FSHCC Welcomes the Florida Prepaid College Board
Florida Prepaid College Board joins FSHCC membership to expand Hispanic Outreach
Wellington, FL: The Florida State Hispanic Chamber of Commerce (FSHCC) welcomes the Florida Prepaid College Board as its newest addition to the trustee membership. With the rising rate of Hispanic entrepreneurship, Florida Prepaid’s presence will promote the value of higher education and college savings and career planning to current and prospective Hispanic business owners and their families.
“This is an exciting partnership that reflects our mission of opening the door to higher education for more families by offering an affordable way to save for college tuition and other expenses,” said Florida Prepaid College Board Executive Director Kevin Thompson. “We are committed to helping Hispanic families across the state learn more about saving for a college in a way that meets their needs and budgets.”
“The FSHCC is looking forward to our strategic collaboration with Florida Prepaid,” said FSHCC President & CEO Julio Fuentes. “This will build awareness about college savings opportunities for our members and their children, ultimately driving Florida’s economy by fostering higher education and job growth in the Hispanic community.”
Florida Prepaid is the largest and longest-running prepaid tuition program in the nation, with more than 1.6 million Florida Prepaid College Plans purchased.
- Prepaid Plans allow families to prepay on a monthly or lump-sum basis, the future cost of college tuition, specified fees and dormitory housing.
- The program offers five prepaid tuition plans ranging in cost and the amount of credit hours covered at a college or university.
- Plan prices for the 2016-17 Open Enrollment period begin at $47 a month for a newborn.
- Open Enrollment ends Feb. 28, 2017, and is the only time each year that families can purchase one of the Florida Prepaid College Board’s prepaid tuition plans and prepaid dormitory plans.
To learn more about saving for college with Florida Prepaid, visit: myfloridaprepaid.com. FSHCC members can save $25 off the application fee when buying a Florida Prepaid Plan by February 28, 2017, by using our exclusive promo code, FLHISP17.
About the Florida State Hispanic Chamber of Commerce
The FSHCC, a 501(C)(3), was established in 2000 as the first and only statewide economic advocacy organization concentrated on addressing the business needs in the underserved Hispanic business communities of Florida. Ever since, the FSHCC tremendously developed into one of the state’s most powerful organizations of employers, chambers of commerce and associations, leading to recognition by the United States Hispanic Chamber of Commerce as one of the Top Five Chambers in the nation. Currently, the chamber represents over 35 local Hispanic chambers generating a network of 300,000 small business owners.
About the Florida Prepaid College Board
The Florida Prepaid College Board manages the Stanley G. Tate Florida Prepaid College Program and the Florida 529 Savings Plan. Both are tax-favored 529 college savings plans authorized by Section 529 of the Internal Revenue Code. In 1987 the Florida Prepaid College Program was created by the Florida Legislature and the commitment and dedication of Mr. Stanley G. Tate to provide Florida families with an affordable means to save for their children’s future college education. The first Florida Prepaid College Plans were sold in 1988, and were augmented with the addition of the Florida 529 Savings Plan in 2002. Florida Prepaid is the largest, longest running and most successful prepaid plan in the nation with more than 1.6 million Florida Prepaid College Plans purchased and more than $6.7 billion invested in Prepaid Plans by Florida families. The 529 Savings Plan has more than 50,000 active accounts with a market value of approximately $449 million. To see how Florida Prepaid helps families, visit here.