TuitionPay Monthly Payment Plan
The TuitionPay plan from Sallie Mae Business Office Solutions allows you to pay for current academic year expenses out of current monthly income and savings. Because there are no interest charges, the total cost is significantly lower than you would incur with a loan.
You may choose to budget all or part of your educational costs with the TuitionPay plan. The annual amount you choose to budget is spread over the fall and spring semesters. The total is divided equally into ten monthly payments, beginning in May.
You should contact TuitionPay early enough for them to process your enrollment before the fall semester payment deadline in mid-August. Also, if you enroll after May 15, you will need to “catch up” on monthly payments that have passed.
There is a nonrefundable annual enrollment fee of $65. No interest is charged.
You can cancel a TuitionPay contract without penalty, if your student account is paid in full. You can also decrease the budgeted amount if unforeseen financial aid comes through. You may not increase the budgeted amount, however.
For further information or to apply:
| TuitionPay/Sallie Mae Corporation PO Box 816 Swansea, MA 02777 |
Email: info@tuitionpay.com Phone: 800-635-0120 Phone: 508-235-2800 from outside the U.S. |
