Quote:
Originally Posted by pnoon
I'm curious, Carlos.
What if your son/grandson move out of state before he attends college? Does that program cover his education whether he is an in-state or out-of-state student?
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Peter,
There lies part of the hitch for the great price.
If he decides to go out of state, I get the money I put in to use towards that school but does not guarantee the price I am paying today.
This benefit solely works if he elects to go to a state school. It allows you to buy the education at today's price and freeze it. That is the cost of an education today for a Florida resident that attends a state school. What I have done is basically guarantee him a state college education. If he elects something different, I hope he knows how to fill out a student loan application by the time he is 18.
Just have to cross my fingers that he attends one or otherwise, he is SOL.