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Installment Payment PLans

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Presentation on theme: "Installment Payment PLans"— Presentation transcript:

1 Installment Payment PLans
Student Financial Services Installment Payment PLans

2 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.

3 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

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

5 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

6 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

7 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

8 Payment Plans – Sample Repayment Schedules

9 Installment Payment Plans – Questions?

10 Thank you!


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