If the future cost of college rises even more than we expected when we priced your plan, we still pay the fees covered by your plan at the time your student uses their benefits. That is one of the major advantages of a Prepaid Plan, and it’s backed by a guarantee from the State of Florida. In the unlikely event that the future cost of college is less that what you paid for your Florida Prepaid Plan, you may request, and you will receive, a refund for the difference between what you paid for your plan and the benefits paid by your plan.