Florida Prepaid College Plans Payment Deferral Information

(Last Updated On: April 20, 2020)

Here is all the Florida Prepaid College Plans Payment Deferral Information you need, I hope these Florida Prepaid FAQs help you during this time. There is also a discount code included for Open Enrollment. This post is sponsored by Florida Prepaid College Plans, through my role as a Believer Blogger. All thoughts are my own.

Florida Prepaid College Plans Payment Deferral Information

So, how is everyone doing? It’s a different out there isn’t it? Yeah, for us too. But every morning as I grab my cup of coffee and head out onto the patio, I choose to think of something to be thankful for.

Since the kids are home, we eat breakfast and lunch together. We even play an afternoon game or two. That’s valuable bonding time I wouldn’t get if they were at school.

Since my husband is home, we run (okay, or walk) together almost every night, this time together not only let’s us do something for our health but it gives us the opportunity to catch up and talk about our day. That’s valuable bonding time I wouldn’t get if he was driving to and from work, as he typically works pretty late.

Since we aren’t eating out as much as usual, we are saving money. We do support local restaurants once or twice a week when we can though by ordering takeout.

Since we are all home, we are getting a few To-Do List things done around the house.

I look on social media for all the companies and people that are donating their time, efforts, and even funds to those in need and I share as many as I can. I am thankful for each and every one of them and all the amazing healthcare workers, first responders and everyone that is making a difference during this time.

I am thankful to the companies that are adapting and helping their customers in anyway they can. Because we can all use a helping hand now and again.

I am thankful for Florida Prepaid College Plans. For so many reasons. The first reason is because without them we would have never been able to afford saving for college for our kids. Another reason is because they care about their customers.  As we all continue to cope with the many impacts of COVID-19 and our ever changing daily routines, the Florida Prepaid team is here for us.

Florida Prepaid College Plans is committed to their mission of making college savings attainable for Florida families. Just this year, Florida Prepaid plans prices were reduced to the lowest pricing in 5 years.

And now the Florida Prepaid College Board is allowing customers to defer payments. The Board’s hope is that this will provide some financial relief for families impacted by COVID-19.

Florida Prepaid College Plans Payment Deferral FAQs:

Is there a Florida Prepaid Discount Code?

Yes. New customers do not have to pay an application fee. Use discount code SAVING20 for the waived application fee.

When will my first Florida Prepaid Payment be if I defer payments?

• New customers will not make their first payment until July 20, 2020.
• Current customers will have their next payment due date moved to July 20, 2020.

Can you still make your previously scheduled Florida Prepaid Plan payments?

Yes, absolutely. Families can continue to make payments as previously scheduled if they choose. Simply log into your online account and set up a one-time payment, by sending a check or money order, or by making a payment through your online banking provider.

How does the deferment of Florida Prepaid Plan payments work?

If you choose to defer payments until July, this will add three months to the tail end of your payment schedule. All payments will resume on July 20, 2020, and payment schedules will be extended by three months.

If you are currently making payments via check, online banking or payroll deduction, action is required. Please contact your payment provider if you wish to pause payments at this time.

If you are currently making automatic payments (via ACH) through your online account, the Board will not collect your payments that would have otherwise been collected in April, May and June. Your payments will be automatically restarted in July. No action is required.

If you would like to continue making payments during this time, action is required. You may still make payments by logging into your online account and setting up a one-time payment, by sending a check or money order, or by making a payment through your online banking provider.

If you defer your payments, will it take longer to pay your Florida Prepaid Plan off?

If you defer payments during April, May and June, this will add three months to your payment schedule.

If you am a new customer, can you start making plan payments prior to July?

Yes. If you would like to make payments during this time you definitely can. You will have to log into your online account and set up a one-time payment, by sending a check or money order, or by making a payment through your online banking provider.

Where can you learn more about your Plan payments?

Account access is available 24/7 online, you just have to login to your account at myfloridaprepaid.com. Basic account functions can be completed right online, including making one-time payments, adjusting recurring payments and adding new Plans.

Why look into Florida Prepaid Plans now?

Because the future is bright.

A Florida Prepaid Plan allows you to lock in future college costs for less so your child’s college tuition is ready and waiting for them. You can never lose the money you put into your Florida Prepaid Plan, as Plans are guaranteed by the state of Florida. A bit of peace of mind.

When is Florida Prepaid Open Enrollment?

Open Enrollment is now through May 31st. Florida Prepaid College Plans Open enrollment has been extended this year until the end of May.

If you have questions additional questions about Florida Prepaid, here are the Florida Prepaid College Plan FAQs

You can also reach out to Florida Prepaid College Plans with questions about deferring your payments or with any questions regarding Prepaid Plans, the Florida Prepaid College Plans phone number is 1-800-552-4723.

We are all in this together. Choose something to be thankful everyday. The future is bright.

Learn more about Florida Prepaid College Plans online and feel free to follow Florida Prepaid College Plans on Facebook, Twitter, and YouTube to stay up to date with information on Open Enrollment but get tips on college and more.

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