Installment Payment Plan

INSTALLMENT PAYMENT PLAN

The Installment Payment Plan allows students to pay tuition and fee charges for the current term in installments.  Payment Plans are not issued for past due balances.   Any prior balance owed is to be paid in full before the payment plan is processed.  The first payment is due at the time the student signs the Promissory Note.  Any financial aid received, including scholarships, loans, grants, etc., will be applied towards the initial payment due.  Credits will be adjusted towards future payments.  The remaining balance due is to be paid in installments during the term (see payment schedule below).  Payment plans are not offered to students who are registered in Summer Term A  or Summer Term B ONLY,  Winter Session or Nicholls Online.  Making a payment equal to the first installment without signing the promissory note, is NOT automatic enrollment in an installment payment plan.  A signed promissory note is required to be enrolled.  There is a non-refundable $50 service charge to enroll in the installment payment plan.

The procedure to enroll in an installment payment plan is as follows:

  • student is to go to the Controller’s Office, 142 Elkins Hall,  to sign the promissory note and to have the payment plan amount calculated
  • payment of the first installment – 50% of total amount due plus $50 service charge is to be made
  • payment methods – cash, check, money order at the Fee Collection Center or online using credit card or web check
  • once verification of payment has been made, the payment plan will be applied to the student’s Banner account

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 1st day of each month thereafter.

FALL / SPRING
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 plus the 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 having all courses dropped and schedule cancelled.  The remaining balance will be due in two installments as follows:

Fall Semester
25% due by 4:15 p.m. on October 1st
25% due by 4:15 p.m. on November 1st

Spring Semester
25% due by 4:15 p.m. on March 1st
25% due by 4:15 p.m. on April 1st

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 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 having all courses dropped and schedule cancelled.   The remaining balance will be due 15 minutes prior to the close of business on July 1st.

Students may call the Controller’s Office at 985-448-4066 for additional information regarding the Installment Payment Plan.