Follow the steps in the link and you should be good.
Classmates Canceling Account Steps
Sign in to PayPal.
Navigate to the "Profile" screen by clicking "Profile" button.
By default, your personal info will appear.
Click "My Money" to view your financial details.
Click the blue "Update" link next to "My Preapproved Payments."
A list will appear, with the merchants who you have agreed to automatically pay via your PayPal account.
All merchants you've ever agreed to reoccurring payments with will appear.
Click on the desired merchant.
Click the blue "Cancel" button next to "Status" at the top.
Click "Yes" when a confirmation box appears.
Once the payment is successfully canceled, you will see "Canceled on XX," where XX is the date.
Hope this helps
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