The University offers a payment plan that allows students or聽* to divide tuition, fees, and contracted residence housing in monthly, interest-free installments. Students or authorized users must schedule payments to be automatically processed each month. A monthly reminder email will be sent to both the student and the authorized user with notification of the upcoming payment. A $50 late payment fee will be assessed for payments received after the due date.
You must enroll in a payment plan each semester. Payment plans do not automatically roll over at the end of each semester.
If you are in financial distress, and you cannot afford to pay your bill we encourage you to visit the Financial Care Team website to learn more and place a referral for assistance with payment options.聽
Payment Plan Options
GOALS Payment Plan
Each fall and spring semester, students or authorized users may enroll in an estimated payment plan throughout July and December and pay up to five installments. This payment plan is based on the student鈥檚 estimated costs and financial aid. There is a $200 minimum down payment at the time of enrollment.
How this plan works
The student should be enrolled for the fall or spring semester before enrolling in the payment plan and have completed all necessary requirements for financial assistance. The payment plan will ask for the estimated tuition, fees, meal plan, and housing. By using the pre-semester check-in tool, the student or authorized user can determine the estimated amount of tuition and fees. Then the student or authorized user will enter the student鈥檚 financial awards. Only enter the amount awarded and accepted for spring. These tools will assist in estimating the out-of-pocket costs the student or authorized user will need to pay over the course of the payment plan.
Payment Plan Rebalancing
In August and January, when tuition and fees and authorized aid are posted to the student account, the payment plan will switch from estimated costs to actual costs and the payments will recalculate. The individual who enrolled in the payment plan will be notified of the new payments by email. Payments are scheduled to automatically process on the 13th of each month.
Additional Payment Plan Options
Students or authorized users may enroll in other payment plans throughout the semester. The earlier the student or authorized user enrolls, the lower the down payment and installments. Payments are scheduled to automatically process each month.
Bi-weekly Payment Plan
Similar to the Standard Payment Plan, students or authorized users may enroll in a payment plan that allows each individual to make two payments each month. A 20% down payment is required at the time of enrollment. Payments are scheduled to automatically process twice each month.
Compare Payment Plans
Payment Plan | Enrollment Period | Down Payment | Number of Installments | Payment Due Dates |
GOALS Payment Plan | Jul 1-31 | Minimum $200 | 5 | On the 13th of each month Aug through Dec |
Fall Standard Payment Plan | Aug 1-31 | 20% | 4 | On the 13th of each month Sept through Dec |
Fall Bi-monthly Payment Plan | Aug 1-31 | 20% | 8 | On the 13th and 28th of the month Sept through Dec |
Fall Late Registration Payment Plan | Sept 1-30 | 25% | 3 |
On the 13th of each month Oct through Dec |
Fall Midterm Payment Plan | Oct 1-18 | 50% | 2 |
On the 13th of Nov & Dec |
Payment Plan | Enrollment Period | Down Payment | Number of Installments | Payment Due Dates |
GOALS Payment Plan | Dec 4-31 | Minimum $200 | 5 | On the 15th of each month Jan through May |
Spring Early Enrollment聽 Payment Plan | Jan 1-13 | 10% | 4 | On the 15th of each month Feb through May |
Spring Bi-monthly Payment Plan | Jan 1-31 | 20% | 8 | On the 15th and last day of the month Feb through May |
Spring Standard Payment Plan | Jan 14-31 | 20% | 4 |
On the 15th of each month Feb through May |
February Payment Plan | Feb 1-28 | 25% | 3 |
On the 15th of each month Mar through May |
March Payment Plan |
Mar 1-28 | 50% | 2 |
On the 15th of Apr & May |
Payment Plan | Enrollment Period | Down Payment | Number of Installments | Payment Due Dates |
Summer Payment Plan | May 1-31 | 30% | 2 | On the 15th of each month Jun through Jul |
Jun 1-28 | 50% | 1 | On the 15th of Jul |
Payments Overview
The method of payment used at the time of enrollment will be the same method of payment for the automatic, scheduled payments each month. Students or authorized users can pay with an eCheck by entering the payer鈥檚 routing number and bank account or with a debit or credit card. Please note there is a 2.95% service charge associated with each transaction paid by debit or credit card, but payments made via eCheck are not assessed the service charge.
Payments made outside of the scheduled automatic process will apply to the overall balance and the remaining installments will evenly adjust.聽
Changing the Payment Method
Only the individual who enrolled in the payment plan has the ability to change the payment method. To do so, the user should:
- Log into TouchNet through聽聽or the聽听濒辞驳颈苍.
- Under Scheduled Payments, click on the icon under Action and select Edit.聽Note: To update every payment, the user must edit every payment individually.
- Enter the new payment method.
*A student or authorized user may only set up one payment plan for a student. If multiple authorized users will be making payments towards a student鈥檚 account, the student must initiate the payment. For information on how to create more than one authorized user for a payment plan, please contact the Bursar鈥檚 Office by email at bursar@usi.edu or call 812-464-1842.