- To include a Tuition Payment Plan in your payment strategy, the Tuition Payment Plan ‘total financed’ and ‘monthly payment’ results must be positive values.
- Tuition Payment Plan totals include the application fee. A Tuition Payment Plan has the highest monthly payments, but produces the lowest overall cost of education.
- The estimated ‘monthly payments’ and ‘total cost of borrowing’ amounts calculated above are approximate. The highest possible interest rates and fees are assumed where interest rates and/or fees are tiered based on creditworthiness or other factors. However, many applicants will qualify for lower rates and/or more favorable repayment terms.