see below, directly from the fl ppd website FAQ section:
If a student receives a scholarship that is not limited to the payment of registration fees, such as the Bright Futures Scholarship, the account owner has one of three options.
1) The account owner may use the Florida Prepaid College Plan benefits as originally planned. The college or university will issue a check to the student for the scholarship. These funds may then be used by the student to offset expenses that are not covered by the prepaid contract.
2) The account owner may transfer the contract to brother, sister or first cousin of the original beneficiary, or to a grandchild of the account owner.
3) The account owner may request a scholarship refund and receive an amount equal to the current rates for state university fees paid on a semester-by-semester basis.