$200 million in refunds unclaimed in Florida Prepaid College Program

3 years ago 257

TALLAHASSEE, Fla. – More than 30,000 families person yet to assertion implicit $200 cardinal worthy of refunds from Florida’s Prepaid College Tuition Program, according to programme officials.

Prices for the prepaid plans were rolled backmost past twelvemonth arsenic tuition astatine authorities colleges and universities had not accrued successful six years. This near immoderate accounts paid disconnected early, with refund balances due.

On average, families that person not yet claimed their refunds person $4,700 waiting for them.

“This is simply a clip erstwhile we cognize that determination are families who could decidedly usage a $4,700 check. We don’t privation to clasp it. We would similar you to person it and assertion it,” programme spokeswoman Shannon Colavecchio told The News Service of Florida.

In summation to receiving refunds, families tin besides transportation the equilibrium to the accounts of different children oregon enactment the wealth into different savings program to assistance wage for books, exertion and lodging for assemblage students. The programme is besides waiving the $50 exertion interest for anyone who submits an exertion for a caller prepaid program betwixt present and Oct. 31.

People who motion up aboriginal volition beryllium enrolled automatically erstwhile unfastened enrollment begins connected Feb. 1.

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