Payment Plan

Payment Plan

(Payment plan enrollment is not available for accelerated online programs)

Is there a payment plan enrollment fee?

Yes, there is an enrollment fee. This fee must be paid at the time of enrollment, along with the first installment payment amount. The enrollment fee is nonrefundable, and it is charged each term that you use the payment plan option.

 

Do I have to re-enroll in the payment plan each term?

Yes, you do. You must re-enroll for each term that you wish to make monthly payments as opposed to paying your bill in full. The nonrefundable enrollment fee is charged each term that the payment plan option is utilized.

 

What if I do not make my payment on time, or pay less than the installment amount due?

Your account will be subject to a late payment fee each time the full installment amount is not paid by the due date.

 

I set up a plan and viewed my installments. Now the installment amounts have changed – why?

Any time you have new charges your plan installment amounts will go up. Any time you have payments or other credits, your plan installment amounts will go down.

 

Why do I see the message, “You do not have enough eligible charges,” when I try to enroll?

You may not have any charges for the term specified in the plan, or you may owe less than the minimum amount required for plan enrollment.

 

Can I make my plan payment online only? I normally pay by cash.

You can choose how you want to make your payments. Any payment you make (online or in person) will go toward your next plan installment.

 

Must I wait until my installment is due to pay it? Or can I pay smaller amounts each week?

You can make payments of any amount toward your installment at any time. Note, however, that if total payments received prior to the due date are LESS than the payment plan amount due, the account will be subject to assessment of a late payment fee.

 

Why doesn’t my bill show a payment plan amount due?

The initial bill shows only the total amount due, which is due in full by the due date. In order to divide the total amount due and pay over several months, you must enroll online in the Payment plan. After enrollment, the payment plan amount will not appear on any future bills that you might receive, however, an email reminder will be sent each month. Please refer to your online Payment plan for your monthly payment amount, and adhere to that payment schedule in order to avoid late payment fee assessment.

 

How is my financial aid considered in this plan?

Any authorized financial aid (i.e., Pell Grant, Direct Loan) at the time of plan enrollment is deducted from your total amount due and the remaining balance is eligible for enrollment in the payment plan. Subsequent financial aid awards (after plan enrollment) are spread equally over the remaining payments – thereby reducing the remaining installment amounts.

 

If I scheduled a payment outside the plan, and financial aid pays my balance, will the scheduled payment automatically be canceled?

No. If you schedule a payment outside the plan, then make the payment by any other means, you must cancel the scheduled payment. However, if you schedule a plan installment and financial aid pays your balance, your plan installment will be considered paid.