Yes. Your student’s remaining PEP Scholarship funds will be returned to the state if you leave the program and also if:
• The Florida Department of Education Commissioner deems your student ineligible due to fraud or abuse
• Two consecutive fiscal years (July 1 – June 30) pass with no spending activity from your student’s account.

As a reminder, a student’s scholarship eligibility concludes when they turn 21, graduate from high school, or enroll full-time in a public school.

Following the end of eligibility, families may continue to access and utilize any remaining funds in the student’s scholarship account for approved educational expenses until the balance is fully spent. Once all funds have been used, or the account is closed, the student will no longer receive additional scholarship funding.