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Florida Prepaid College ProgramMaster ContractHere We GoMASTER CONTRACT 1 SECTION 1: DEFINITIONS Account Owner means the person who is designated on the Application as the account owner, unless the owner of the Contract was subsequently changed, and who is the owner of record. There may only be one Account Owner for the Contract. The Account Owner must be 18 years old or older and must be a United States citizen or resident alien with a valid Social Security Number. Additional Tax means the same as that term is defined in Section 529 of the Code.

using Contract benefits based on the information about the Beneficiary’s age or grade contained in the Application. 1.25 “Purchaser” means the same as Account Owner and these terms may be used interchangeably. 1.26 “Qualified Higher Education Expenses” means the …

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