Installment Payment PLans

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Presentation transcript:

Installment Payment PLans Student Financial Services Installment Payment PLans

Installment Payment Plans – What are they? Installment payment plans allow students, at a reasonable cost ($25 per term), to spread out the payment of tuition and fees over four months.

Installment Payment Plans – Who is Eligible? All state-side and Extended Learning students, with tuition and class/course fees of $1,000 or greater, are eligible for the Installment Payment Plan

Installment Payment Plans – When offered? Installment payment plans are available in the Spring and Fall semesters only

Installment Payment Plans – How do they work? Consists of a down payment that covers mandatory campus fees, with tuition and any course/class fees spread out equally amongst three installments, every 30 days after the down payment due date Students can sign up for the installment payment plan via their Student Center

Installment Payment Plans – How do they work? Amounts for the installment payments (tuition and class/course fees) will vary, dependent upon the classifications of the student (ex: Undergrad/Grad/Non-Resident) Amounts for installment payments can change after signing up for payment plan (ex: student goes from part-time to full-time). In the event tuition/fees change after sign-up, the additional amount is spread out equally among the three installments

Installment Payment Plans – How do they work? If a student is not a financial aid student, and they fail to make the down-payment by the due-date, all of their classes will be dropped via the enrollment cancellation process

Payment Plans – Sample Repayment Schedules

Installment Payment Plans – Questions?

Thank you!