<p>I would suggest leaving the Prepaid funds to pay for tuition and the BF funds go to other expenses, like a computer, software, supplies and so on. If you don’t need them immediately you could bank them for later school expenses.</p>
<p>Remember, if your child for some reason does not make appropriate grades or some other circumstance occurs, you could lose Bright Futures funds. If you keep Prepaid funds in place, you’re secure in knowing that most of the tuition expenses are covered. I guess I’m kind of belt and suspenders here, but I’d rather receive the funds and then decide what to do with them as opposed to changing the process up front and hoping for the best.</p>
<p>The universities also have fees that are not covered by Prepaid, and these fees are going up; so it’s nice to have the extra BF cash come in to pay expenses as you go. For example, certain dorms at FSU now require the student to buy a meal plan. This is new. UF may well have some similar changes.</p>