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Florida Prepaid deferring college education payments until July
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During this time of economic uncertainty for many due to the coronavirus outbreak, help is coming to those paying ahead for their children’s college education.
Florida Prepaid announced Monday it is deferring required payments for April, May and June to help families with financial flexibility, the company said in an email.
The deferred payments apply to those who recently purchased plans in 2020 as well as all of those from prior years. Florida Prepaid said all payments will resume on July 20, 2020 and payment schedules will be extended by three months due to the deferments.
For those making payments by check, online banking or payroll deductions, you must contact your payment provider to pause the payments, Florida Prepaid said.
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