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Is there a cost involved in using the Personal Deferment Option?

COST deferment involved option
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Is there a cost involved in using the Personal Deferment Option?

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A $14.00 service charge is assessed to students who elect the Personal Deferment Option for the initial term billing. An additional $14.00 is assessed for the second month that you use the deferment option.

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o A $25 service charge is assessed to the first deferment payment and a $11.50 charge assessed for the second payment to students who elect the Personal Deferment Option for each semester.

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A $30 service charge is assessed to students who elect the Personal Deferment Option for the initial term billing (due August 10th for fall term and December 10th for spring term). An additional $15 is assessed for each month during the term you choose to continue using the deferment option.

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