The Florida Prepaid College Plan is a state-sponsored program that allows families to save for their children's college education by locking in current tuition rates. Participants can choose from various plans that cover tuition and fees for public colleges and universities in Florida. This program helps alleviate the financial burden of rising college costs. Families can enroll in the plan when their children are young, making it easier to budget for future education expenses. The funds can be used at eligible institutions, including public and private colleges, universities, and vocational schools across the country.