How do Florida Bright Futures Scholarships and the Florida Prepaid College Plan affect each other?
Students participating in the Florida Prepaid Plan who receive a Florida Bright Futures award can receive benefits from both plans. Student tuition and fees is paid by the Florida Prepaid Plan up to the amount of their eligibility. The Florida Bright Futures Award pays any remaining amount of tuition and fees, then any outstanding university bills. Any remaining balance is issued to the student. Example: if a student’s tuition fees are $1,150 (15 credit hours), their Prepaid will pay approximately $912 of that ($60.78 per credit hour). This leaves a balance of approximately $238 that is then subtracted from their FBFS. The difference is used to cover other UF debts, with the remainder going to the student via check or direct deposit.
Students participating in the Florida Prepaid Plan and who receive a Florida Bright Futures award can receive benefits from both plans. Student tuition is paid by the Florida Prepaid Plan up to the maximum allowed number of credits. The Florida Bright Futures Award pays for fees, if applicable, then any outstanding college bills (including College Store purchases). Any remaining balance is issued to the student. Example: if a student’s tuition and fees are $1065 (15 credit hours), their Prepaid will pay approximately $1,050 of that (estimated at $70.00 per credit hour). This leaves a balance of approximately $15 that is then subtracted from their FBFS. The student will have $1,050 available to spend at the NWF State College’s College Store in Niceville or Fort Walton Beach.