Frequently Asked Questions

Is there an installment payment option?

The Personal Deferment Option (PDO) is available to enrolled students whose bursar accounts are in good standing.  PDO, if offered, allows fees to be paid in multiple installments, depending on when the student registers.  If eligible, both a total amount due and minimum amount due will be indicated on the bill.  If the minimum amount is paid by the due date, the remaining balance will be deferred to the next month’s bill and a deferment fee will be charged.  If the total due is paid, no deferment fee is charged.  Payments received after the due date will not be considered for PDO.

 

For example, if a student who is eligible for PDO has a fall term balance of $10,000 due August 10, the minimum amount due will be approximately $2,500 and the other 75% of term charges will be deferred for a $30 fee.  (This does not include any prior term charges, which, if applicable, will be due in full August 10.)  Assuming payments are made on time each month and there are no new debits or credits to the student’s bursar account in subsequent months, payments will be approximately $2,500 per month, due August 10 through November 10.   The deferment fee for paying the minimum amount due September 10 and October 10 is $15 each and the balance will be due in full November 10.  If the student remains eligible for PDO for spring term, the payment calculations will be the same for due dates December 10 through March 10.

 

If more than the minimum amount, but less than the total amount, is paid, we reserve the right to invoke PDO.  This will avoid late payment fees and keep the account in good standing.  It is preferred that you pay exactly the minimum amount stated on the bill so the system automatically sets up the deferment.

 

Late payments may result in the loss of PDO.  If PDO privilege is lost for any reason, it will not be reinstated until after payments are made on time for one year.

 

 

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Related Questions

  1. How do I pay my bill?
  2. Can I pay with a credit card in the office or on the web?
  3. Can I use a convenience check written on my credit card to pay my bursar bill?
  4. What charges can I defer under the Personal Deferment Option?
  5. Is there a cost involved in using the Personal Deferment Option?
  6. Am I eligible for the Personal Deferment Option?
  7. Who do I need to notify if I would like to use the Personal Deferment Option?
  8. My bank is mailing payment from my 529 plan. Should this be mailed to the payment processing center in Indianapolis?
  9. To what address should payments from a 529 plan be mailed?
  10. Where do I send an overnight or express package which contains my payment?
  11. May I send my payment by overnight mail to the payment address in Indianapolis?
  12. I made a payment on QuikPAY but it is not shown on my bursar account. What should I do?
  13. Can I make a phone payment?
  14. If I paid the balance shown on my e-bill, why does my bill still show it is due?
  15. Can I pay my balance before I receive an e-bill?
  16. To whom should my check be made payable?
  17. What should I do if I think a charge is incorrect?
  18. Why does my bill have a late fee if the due date is in the future?
  19. Can an online payment be stopped once it is initiated?
  20. Can I mail a check to pay my bursar bill?
  21. Why was a late payment fee charged to my bursar account right after I made a payment?
  22. Where can I get a duplicate bill or receipt?
  23. My parent/grandparent/spouse handles my bills. How can they get information about my bursar bills/account?
  24. What if I can’t pay my bill by the due date?
  25. Do I have to pay my whole bill in one payment?
  26. Will I receive a reminder/notice about my electronic bill?
  27. Can I pay my bursar bill with my Campus Access Card?
  28. What are the benefits of online payments?
  29. I know I have financial aid coming. Do I still have to make a payment?
  30. Can I pay my bursar bill using a bill payment service?
  31. How can I avoid a late payment fee?
  32. Can I pay my bursar bill with a postdated check?
  33. What will happen if I put stop payment on a check I submitted for payment?