Payment Plans

 

No Payment Plans Accepted After September 14, 2009

We can offer a payment plan to spread the cost of the remaining balance after deducting your financial aid in to five-interest free installment per semester.

We can accept Fall 2009 payment plan application from May 10, 2009 through September 14, 2009 and Spring 2010 application from December 1, 2009 thru February 12, 2010.

We can offer a payment plan by semester or for the full academic year (Fall/ Spring). We will mail out statements monthly with the amount due. We will calculate the amount due by taking the balance after pending financial aid and dividing it by the number of remaining payments in the semester.

If you choose to use the payment plan for the academic year (fall/spring) there is a non-refundable charge of $50.  The non-refundable charge for one semester is $30.

Beside offering the payment plan either by semester or for the full academic year we can offer two payment plan methods:

  1. You remit payment:
    We will mail out a statement and you can remit payment in the form of your choice (please see payments.)  You may also pay online using the ‘Payment Portal – No login’ link on the Student Account home page, or for more information see the tab on the left.

    Or
  2. Automatic deduction:
    When you submit your application, enter your credit or debit card information. We accept Visa, Master Card or Discover only. We will process your payment automatically on the due date. This will make remembering to remit payment easy and more convenient for you.

Failure to make payments or making partial payments may result in being removed from the payment plan, and a hold being placed on the student’s account for future registration until the balance is paid.

Q and A about NU’s payment plan:

Is there a brochure that I can read about the payment plan?

Here is a PDF of the 2009-2010 Payment-Plans-Brochure.

When will I be charged the application fee?

We will charge your account the payment plan application fee once we receive your application.

Will I be charged interest or a finance fee on my account as well?

We do not charge any additional interest or financing fees for student on the payment plan. We may charge you a late fee if your installment is late.

Am I automatically accepted into the payment plan?

Yes, you will be automatically accepted provided that we have received your application by the application due date, which is before September 14, 2009 for Fall and before February 12, 2010 for Spring.