<p>I would call prepaid; I was always told that you only get back what you paid if you don’t use it for school; Prepaid is not an investment account like a 529; you can still use it for OOS, but only at the in-state rate(they will apply the Florida per credit hour rate to the OOS tuition). If stay in-state, and you don’t have the local fee plan, you will pay at least $50 per credit hour in fees, and another $50 per credit hour if you bought the prepaid plan after July 2007(the tuition differential fee). These are FSU rates, but I’m sure Florida has the fees listed on their website. You can apply the BF to the fees. If you only have one year of prepaid dorm, you can then use BF towards room and board later; same with any other scholarship the school gave. BF will probably continue to pay less and less and move more towards a need based program so I wouldn’t count on current rates continuing. If you don’t use the entire 120 hours of your prepaid, then you can get refund at the end and/or use towards grad school.</p>