Purpose


This rule is amended to delete provisions concerning refunds in circumstances where the beneficiary does not attend a state postsecondary educational institution which imposes the tuition differential fee. All state universities are now authorized to and do impose the tuition differential fee. The rule is also amended to clarify that the amount payable pursuant to a scholarship refund or a death or disability refund for a tuition, local fee, tuition differential fee or dormitory plan will be the average amount payable under the beneficiary’s plan or plans to state universities or community colleges at the time of the refund request. This later change is needed due to the enactment by the 2009 regular session of the Legislature of Section 1009.98(10), F.S., which specifies the amounts which the Board is required to pay state universities on behalf of beneficiaries of Prepaid Plans.