INSTALLMENT PAYMENT PLAN
The Installment Payment Plan allows students to pay tuition and fees in installments. The first payment is due at the time the student signs the Payment Plan promissory note. The remaining balance due is to be paid in installments throughout the semester. Payment plans are not offered to students who are registered in Summer Term A and/or Summer Term B ONLY and winter session.
FALL / SPRING
To enroll in an installment payment plan, the student must sign a promissory note agreeing to pay 25% of tuition and fees for the current term (tuition and fees after all financial aid has been applied) plus a non-refundable $50 service charge. The initial 25% plus the $50 service charge is due 15 minutes prior to the close of business on the day before classes begin to avoid a late payment charge of $100. Any prior balance due will be included in the initial payment required. The remaining balance will be due in three installments as follows:
Fall Semester
25% due by 4:15 p.m. on September 15th
25% due by 4:15 p.m. on October 15th
25% due by 4:15 p.m. on November 15th
Spring Semester
25% due by 4:15 p.m. on February 15th
25% due by 4:15 p.m. on March 15th
25% due by 4:15 p.m. on April 15th
SUMMER
To enroll in an installment payment plan, the student must sign a promissory note agreeing to pay 50% of tuition and fees for the current term (tuition and fees after all financial aid has been applied) plus a non-refundable $50 service charge. The initial 50% plus the $50 service charge is due 15 minutes prior to the close of business on the day before classes begin to avoid a late payment charge of $100. Any prior balance due will be included in the initial payment required. The remaining balance will be due 15 minutes prior to the close of business on July 1st.
Payments not received by the due date will be considered late. A Payment Plan late payment fee of $25 per month, not to exceed $100, will be charged for payments not received as of the close of business on the due date and the 15th day of each month thereafter.
To request an installment payment plan, the student is to go to the Controller’s Office, 142 Elkins Hall and ask to see someone who can process a payment plan. Students may also call the Controller’s Office at 985-448-4066 for additional information.