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Payment Plans

 

Revenue and Receivables offers three payment plan options during the fall and spring terms, and two options for the summer term. Payment plan enrollment must be completed each semester, as plans do not automatically roll over to the next semester.

Details on each plan can be found by clicking on the links below.

  • Premier Plan

  • 33% Down Plan

  • 20% Down Plan

  • Summer Payment Plan

USILD reserves the right to deny access to our payment plans for any reason.

Information Applicable to All Plans:

  • The amount financed will be equal to the student’s outstanding balance for the semester (less any memo items representing anticipated aid). If the balance changes for any reason, the plan will recalculate to reflect the change

    • If the plan recalculates, an email will be sent to the student and any authorized user

    • The minimum account balance required for eligibility is $500.00

  • Tuition, room, board, insurance, and mandatory fees are included in the plan. Fines and miscellaneous fees are not included in the plan and must be paid separately

  • Enrollment must be completed online

  • Enrollment must be completed each semester. Plans do not automatically roll over from one semester to another.

  • Authorized users can enroll on behalf of students

  • The enrollment fee of $50 is to be paid online at the time of enrollment.

    • Students who finance an amount between $500 and $1,999 for the Fall and Spring semesters will have the enrollment fee reversed/credited back to the account, with the following stipulations:

      1. reversal/credit will occur after the end of add/drop and after at least one payment has been due on each of the plans (early September for Fall and late January for Spring)

      2. reversal will require that the student has made the payments due on the plan

  • If enrolling after the due date of one or more of the installments, those installments must be made at the time of enrollment.

  • Installment payments can be scheduled online via Student Account Services, accessible via MyAccess

  • Down payments, or any other payment received prior to enrollment in a payment plan, will reduce the total amount financed under the plan and will not count as installment payments

  • Financial Aid and Third Party Contracts will reduce the total amount financed under the plan

    • Memo items reflecting anticipated (as opposed to actual) payments will reduce the amount financed

      • Ensure that all documentation connected with Financial Aid and Third Party Contracts are submitted to the proper offices in a timely fashion

      • Any Financial Aid or Third Party Contract unrecorded at the time of enrollment, but subsequently recorded, will reduce the amount financed under the plan, though any installments previously paid off will be higher than subsequent payments

        • Consequently, students should strive to ensure that all financial aid and third-party sponsorships are recorded prior to payment plan enrollment.

  • Any payments not connected with recorded Financial Aid or Third Party Contracts, when they are sent to USILD, will reduce or payoff any pending installments in sequence

  • Missed installment payments will be subject to an interest charge equal to 1.5% of the amount of the payment

  • For enrollment instructions, please click here.

  • USILD reserves the right to deny access to our payment plans for any reason.

Premier Plan

The Premier Plan offers the student the option to pay the semester bill in four installments each of which is equal to one-quarter of the balance.

  • This plan is not subject to a monthly interest charge on the amount financed

  • Enrollment dates are as follows:

    • Fall, 2024: June 21, 2024 – September 2, 2024

      • Missed payments are due at signup for enrollment on or after July 27th

    • Spring, 2024: November 15, 20234– January 25, 2025

  • Installment due dates are as follows:

33% Down Plan

The 33% Down Plan offers the student the option to pay the semester bill in three installments each of which is equal to one-third of the balance.

  • This plan is subject to a monthly interest charge of 1.00%

    • Interest is assessed in full at the time of enrollment.

      • Installments paid early will reduce the interest charge

      • Installments paid late will increase the interest charge in addition to the service charge

  • Enrollment dates are as follows:

    • Fall, 2024: June 21, 2024 – August 26, 2024, with late enrollment allowed through September 2, 2024

      • A late enrollment fee of $60 will be assessed for enrollment between August 27th and September 2nd

    • Spring, 2024: November 15, 2024 – January 25, 2024

      • A late enrollment fee of $60 will be assessed for enrollment after the January 10th statement due date, from January 11th through January 25th

  • USILD will administratively un-enroll participants who fail to pay the financed amount by the final installment due date.

  • Installment due dates are as follows:

20% Down Plan

The 20% Down Plan offers the student to back-load the semester bill by splitting the balance into three installments of 20%, 20%, and 60%.

  • This plan is subject to a monthly interest charge of 1.25%

    • Interest is assessed in full at the time of enrollment.

      • Installments paid early will reduce the interest charge

      • Installments paid late will increase the interest charge in addition to the service charge

  • Enrollment dates are as follows:

    • Fall, 2024: June 21, 2024 – August 26, 2024, with late enrollment allowed through September 2, 2024

      • A late enrollment fee of $60 will be assessed for enrollment between August 27th and September 2nd

    • Spring, 2023: November 15, 2024 – January 25, 2024

      • A late enrollment fee of $60 will be assessed for enrollment after the January 10th statement due date, from January 11th through January 25th

  • USILD will administratively un-enroll participants who fail to pay the financed amount by the final installment due date.

  • USILD reserves the right to retroactively assess service charges to plan participants who fail to pay the financed amount by the final installment due date.

  • Installment due dates are as follows:

Summer Payment Plans

USILD offers payment plans to cover the charges of those students who opt to attend summer classes.

 
Premier Plan for Summer

The premier plan allow the student to pay the semester bill in three installments each of which is equal to one-third of the balance.

  • The premier plan is not subject to a monthly interest charge on the amount financed

  • Enrollment will be open from April 11th through May 18th, though late enrollment will be allowed through June 4th.

  • USILD will administratively un-enroll participants who fail to pay the financed amount by the final installment due date.

  • USILD reserves the right to retroactively assess service charges to plan participants who fail to pay the financed amount by the final installment due date.

  • Installment due dates are as follows:

The Premier Plan is not subject to a monthly interest charge on the amount financed

20% Down Plan for Summer

The 20% Down Plan offers the student to back-load the summer bill by splitting the balance into three installments of 20%, 20%, and 60%.

  • This plan is subject to a monthly interest charge of 1.25%

    • Interest is assessed in full at the time of enrollment.

      • Installments paid early will reduce the interest charge

      • Installments paid late will increase the interest charge in addition to the service charge

  • Enrollment will be open from April 11th through May 18th, though late enrollment will be allowed through June 4th.

  • USILD will administratively un-enroll participants who fail to pay the financed amount by the final installment due date.

  • USILD reserves the right to retroactively assess service charges to plan participants who fail to pay the financed amount by the final installment due date.

  • Installment due dates are as follows:

The 20% Down Plan is subject to a monthly interest charge of 1.25% on the amount financed

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