Is there an installment payment option?
The Personal Deferment Option is available for students who register for classes during advance registration. This option allows you to pay fees in monthly installments during the term. The initial bill for the fall term and/or spring term will calculate the minimum payment as 40% of the charges due for the current term, plus 100% of any prior term charges. Subsequent bills will calculate the minimum payment as 50% of the charges due. The balance of the charges will come due on the following monthly bill. The deferment will be offered each month until the last billing cycle for that term at which time all charges will need to be paid in full.
o The Personal Deferment Option is available for students who register for classes up to the week before classes. This option allows you to pay fees in three monthly installments during the semester. The initial statement for the first semester will calculate the minimum payment as 40% of the charges due for the current semester, plus 100% of any prior term charges. The second statement will calculate the minimum payment as 50% of the charges due. The balance of the charges will come due on the following monthly statement.
The Personal Deferment Option (PDO) is available to enrolled students whose bursar accounts are in good standing. PDO, if offered, allows fees to be paid in multiple installments, depending on when the student registers. If eligible, both a total amount due and minimum amount due will be indicated on the bill. If the minimum amount is paid by the due date, the remaining balance will be deferred to the next month’s bill and a deferment fee will be charged. If the total due is paid, no deferment fee is charged. Payments received after the due date will not be considered for PDO. For example, if a student who is eligible for PDO has a fall term balance of $10,000 due August 10, the minimum amount due will be approximately $2,500 and the other 75% of term charges will be deferred for a $30 fee. (This does not include any prior term charges, which, if applicable, will be due in full August 10.) Assuming payments are made on time each month and there are no new debits or credits to the stude
• The Personal Deferment Option is available for students who register for classes up to the week before classes. This option allows you to pay fees in three monthly installments during the semester. The initial statement for the first semester will calculate the minimum payment as 40% of the charges due for the current semester, plus 100% of any prior term charges. The second statement will calculate the minimum payment as 50% of the charges due. The balance of the charges will come due on the following monthly statement.
