The proposed rules amend the Master Covenant to increase consistency between the Florida Prepaid College Program and the Florida College Savings Program; to add beneficiaries as survivors; to allow the Florida Prepaid College Board to reduce or eliminate application fees; to allow the use of dormitory plans during summer terms; to allow for prepaid college plans to be downgraded instead of terminated, when possible; and to allow plans to be restored to the original Plan within six months of a Plan downgrade. The proposed rules additionally update references; include information that may be solicited from applicants to allow for an on-line application process, versus use of a printed form; amend actuarial assumptions for the Prepaid College Program; and provide flexibility in timing for review of plan pricing.