TALLAHASSEE, Fla. - The Florida Prepaid College Program, which offers a guaranteed fixed price and monthly installment payments for tuition and dormitory fees, finished its seventh year of open enrollment Jan. 13.

The program includes a monthly payment plan, a 55-month installment plan, and a lump-sum payment option. Dormitory plans are available with the four-year university plan and open to beneficiaries up to the eighth grade.

Since the program began in 1988, more than 300,000 contracts have been sold, establishing it as the largest prepaid college program in the United States.

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