KISSIMMEE, Fla. – Florida is giving families another reason to enroll their children in Voluntary Pre-K (VPK) and start saving for college at the same time.
Gov. Ron DeSantis announced a new partnership Thursday at Tohopekaliga High School that allows parents to apply for Florida’s Voluntary Pre-K program and the Florida Prepaid college savings program simultaneously, with a $100 incentive to get them started.
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Florida’s VPK program has been available for more than two decades. More than 3.1 million children have attended pre-K for free through the program.
Now, when families apply for VPK, they can also apply for Florida Prepaid, the state’s college savings program that allows families to lock in future college tuition rates.
“We developed a seamless application process that allows families to apply for VPK and, at the same time, open a Florida investment 529 account plan account,” DeSantis said. “Now, when they do that, they get $100 seeded to their account.”
In addition to the $100 in seed money, participating families will also be eligible for monthly raffles for an additional $1,000 deposited directly into their college savings account.
The governor said the two programs were linked several months ago, and more than 13,000 families are already participating.