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For instance, the fall 2020 semester enrollment period at George Washington University in Washington, D.C. began on June 11. If you enrolled after July 21, you would have been required to pay an ...
June 17, 2021. Tuition installment plans provide an alternative for families who can afford to pay for a child’s college education, but not in one big lump sum at the beginning of a semester or quarter. Tuition installment plans, also called tuition payment plans or deferred payment plans, split college costs into equal monthly payments.
Most plans are interest-free but charge an enrollment fee that's typically about $50 to $100. "That's a lot less than you'd pay in interest on a loan," says Jane Klemmer, president of Klemmer ...
Here’s an example of what a tuition payment plan might look like: $12,600 tuition bill. 9 monthly installment payments of $1,400 each. Add a $100 enrollment fee for a total amount paid of $12,700. This table compares the cost of a tuition installment plan with a Parent PLUS loan, assuming that the fees for both are paid up-front. Using a ...
Tuition payment plans spread tuition costs over time. Standard plans divide the tuition payments over the semester or school year. Deferred tuition payment plans allow you to pay over a longer time. Tuition-stabilized or direct bill plans also give you more options to pay for college or save on total costs.