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Cash Accounting
University Controllers Office


Florida Prepaid College Program

The Florida Prepaid Tuition Plan at USF is administered by the Cash Accounting Office, which is located on the Tampa campus in the Administration building, ADM 125.

FAQ:

 

How do I activate my prepaid account for tuition?

What is the per credit hour amount that Florida Prepaid will pay?

What if I have Prepaid and the Bright Future’s Scholarship?

How to I activate my prepaid account for dormitory charges?

What fees does the plan pay?

How do I calculate what prepaid will pay?

What if I don’t want to use my prepaid?

Who do I contact for prepaid questions?

 

Procedures for processing Florida Prepaid for Tuition

 


Effective Spring 2010, you will no longer need to bring your Florida Prepaid card to the Cash Accounting Office to activate your account.
The University of South Florida will automatically bill for all Florida Prepaid College students that are enrolled for Fall, Spring and/or Summer terms for the maximum amount allowed.

EXCEPTION: If you have the Local Fee plan and only have local fee credit hours remaining i.e. available tuition credit hours are zero, you will need to bring your card to ADM 125 in order for us to bill Florida Prepaid each semester. The amount of available tuition hours is listed on your card.

If you do not want the University to bill Florida Prepaid you must notify the Cash Accounting Office. Please fill out and submit the Request Not to Bill form prior to the first week of classes to have your account inactivated. You will need to submit a new form at the beginning of each semester you do not want prepaid to be billed.

 


Florida Prepaid goes on your student account as a third party payment, which reduces the amount you owe. It will show as a ** 3rd Party Credit ** on your OASIS statement
. Prepaid is usually applied to your student account a few weeks prior to the first week of classes.

Florida Prepaid is not financial aid so it will not be listed on the financial aid award screen in OASIS as a resource.

 

For the “Dormitory Plan” contact Housing at (813) 974-0001. Housing must notify the Cash Accounting office to bill prepaid.

What the Plans Cover 

      Tuition Plan – Covers Matriculation and the Building, Capital Improvement and Financial Aid portion of the group fees. Students are responsible for the local fees and all other charges. 

      Local Fee Plan (Tampa campus)- Covers everything but the Student Union Enhancement fee and the Technology, Facilities and Transportation portion of the local fees. Currently students have to pay $8.92 per credit hour plus the once a semester charge of $20.00 for the Student Union Fee.

       Tuition Differential –
Students whose Prepaid plans were purchased on or before January 31, 2007 are exempt from paying the tuition differential fee. For more information on Florida Prepaid and the tuition differential fee: http://www.myfloridaprepaid.com/Plans/4_Year_Plan/Add_Tuition_Plan.asp


FLORIDA PREPAID COLLEGE PROGRAM PAYMENT WORKSHEET FALL 2009-SUMMER 2010

 

HOURS

Amount covered by Florida Prepaid per credit hour

 

TUITION FEE PLAN

LOCAL FEE PLAN

1

$96.34

$126.01

2

$192.68

$269.02

3

$289.02

$395.03

4

$385.36

$521.04

5

$481.70

$647.05

6

$578.04

$773.06

7

$674.38

$899.07

8

$770.72

$1,025.08

9

$867.06

$1,151.09

10

$963.40

$1,277.10

11

$1,059.74

$1,403.11

12

$1,156.08

$1,529.12

13

$1,252.42

$1,655.13

14

$1,348.76

$1,781.14

15

$1,445.10

$1,907.15

 

 

To determine your portion of the fees: find the number of hours you are registered for in the hours column and find the amount under your prepaid plan. Subtract the amount that prepaid will cover from the balance of your Fee Assessment on OASIS. If you are exempt from paying the differential tuition subtract that amount too (it will be listed as “tuition-differential” on your fee assessment). You are responsible for the difference.  

The payment deadline for your portion of the tuition is due on the 5th day of each semester. Check the Announcement section of OASIS each semester for deadlines.

Prepaid does not adjust on your student account automatically. If you drop or add a class towards the end of the first week of classes you need to contact the Cash Accounting office to verify the amount that you need to pay to avoid a late payment fee for tuition.

Florida Bright Futures and Florida Prepaid

 

  • You may use both programs to help fund your educational expenses. You do not lose funding in one program because you have the other.

  • Florida Prepaid is usually applied to the student account first.

  • Bright Futures funds are disbursed after the drop/add period which is the end of the first week of classes.

  • It does not matter whether Florida Prepaid or Bright Future’s is applied first. Both will pay based on the number of registered credit hours.

  • BRIGHT FUTURES IS NOT AVAILABLE DURING THE SUMMER TERM. If you do not have any other form of Financial Aid for the Summer please be sure to pay the portion of tuition not covered by Florida Prepaid before the payment deadline to avoid any late fees.

  • Excess funds remaining after tuition has been paid will be applied to any other charges you owe the University.

  • If you do not owe any other charges a refund will be sent either to the student’s mailing local address or deposited into their banking account if they have signed up for eDeposit.

 

 

Contacts 


For questions concerning the Florida Prepaid Program call 1-800-552-4723 or visit their web site Florida Prepaid College Program
http://usfweb2.usf.edu/pfs/leavesite.gif

 Additional information about the fees covered by the program is included in the Master Covenant you receive each year and in your original enrollment brochure. 

For questions concerning USF procedures or your student account contact:

Marianne Bennett
Cash Accounting – ADM 125
Email: mbennet@admin.usf.edu
Phone: (813) 974-4886
Fax: (813) 974-3618

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