Installment Payment Plan
Semester balances can be divided into 4 equal monthly installments; there is a $50 installment plan fee for the semester included in your first installment payment.
Enrollment in this option is done online after logging into your My Finances account. This option is chosen from Step 3 - Account Summary / Choose Payment Option as you go to Make a Payment.
- If you enroll in the plan later in the semester, the minimum payment that is required will adjust to ensure your balance is paid by the final installment date. Installment dates adjust with each monthly statement or the 13th of each month.
- Fall Semester
First Installment – July billing statement, due August 1st; 25% of the balance is required
Second Installment – August billing statement, due September 1st; 50% of the balance is required
Third Installment – September billing statement, due October 1st; 75% of the balance is required
Final Installment – October billing statement and forward; due November 1st; 100% of balance due
- Spring Semester
First Installment – December billing statement, due January 3rd; 25% of the balance is required
Second Installment – January billing statement, due February 3rd; 50% of the balance is required
Third Installment – February billing statement, due March 3rd; 75% of the balance is required
Final Installment – March billing statement and forward, due April 3rd; 100% of balance due
- Fall Semester
- Please note that if a payment is not made by mid-month when the next month’s billing cycle is enabled, the installment payment amount due may be adjusted based on the remaining months left in the installment plan.
- The installment plan is not available during the Winter and Summer sessions due to their short duration.