Because educational expenses can be more manageable with monthly payments, the TuitionPay Monthly Plan allows students and their families to spread all, or part, of the freshman-year expenses over nine or ten equal monthly payments, interest-free. This payment plan can be combined with any of the low-interest financing options. The TuitionPay Monthly Plan is administered by our partner, Sallie Mae. There is an annual $70 enrollment fee.
As costs and financial assistance are finalized, you may increase or decrease your payment at any time by notifying Sallie Mae. If you choose to re-enroll in future years, you may choose to extend your plan to 12 even smaller monthly payments. You can withdraw from this plan at any time.
For payment flexibility you may send a check monthly, or you can have each month's payment automatically deducted from your checking or savings account. Sallie Mae also accepts electronic funds transfer.
The deadlines for submitting Fall 2014 TuitionPay applications are June 1 for participants selecting the ten-month payment plan and July 1 for participants selecting the nine-month payment plan. Applications received after July 1, but before August 26, will be accepted for the nine-month payment plan but must include the enrollment fee plus the first month's payment. We want to work with you to meet any special needs you and your family may have, so to enroll for a single semester or if you missed the enrollment deadline, please contact Sallie Mae at (888) 643-0040 for other options.
Compare your payment and financing options now! Estimate your monthly payments using our Financial Planning Comparison Worksheet and compare it with other financing options.
For full terms and conditions of the TuitionPay Monthly Plan, see the application.