Making Payments
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How Aid Pays
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Reimbursement Program/Third-Party Billing | Late Charges and Payments

Financial Arrangements and Services
Student Financial Services provides students with three options to meet their financial obligations. Option A: Pay in full on quarterly due dates, Option B: Combined Installment Plan, or Option C: Three Installment Plan.

Payment Plans

Payment plan benefits include:

* Have Student Financial Services calculate your estimated owing balance for you.
* Pay your quarterly owing balance in monthly payments.
* Be exempt from late fees or financial holds, provided you make on-time payments.

You may meet your financial obligation each quarter by paying in full (less any financial aid*) on the following quarterly payment due dates. If payment in full is not received by these dates, the account will be subject to late fees and registration/transcript holds (see Late Charges and Payments). You are automatically enrolled in Option A if you do not apply for options B or C.

Autumn Quarter: October 17, 2011

Winter Quarter: January 17, 2012

Spring Quarter: April 17, 2012

*IMPORTANT* The Payment Plan Application must be completed by 11:45pm today, September 9^th.  If you have outstanding requirements or a past due student account balance you will not be able to complete the application before the deadline.  Please contact our office if you would like to discuss payment options.

Option B: Combined-Installment Plan

• One application and fee for the entire academic year (Autumn, Winter, and Spring quarters.)
• Three payments per quarter/nine payments annually
• SFS will provide a schedule of estimated payments that divides costs minus any financial aid into three payments per quarter.
• Effective Fall 2011 the payment plan application will be available to students to complete online through Banner. The application is found in Student Menu --> Student Accounts Menu.  Please contact SFS with questions.

Note: The application must be completed online by September 9th, 2011.  Upon completion the $80 non-refundable fee will be charged to your student account and will be due as part of your first month’s installment.**

2011-12 Academic Year

Note: If payments are not received by their dates due, the account will be subject to late fees and holds on registration, transcripts, and diplomas. (See Late Charges and Payments.)

Option C: Three-Installment Plan - now available online!

• The payment plan application will be available to students to complete online through Banner. The application is found in Student Menu --> Student Account Menu. Please contact SFS with questions.
• One application and fee for each quarter; best for students who do not plan to be enrolled for the full year.
• Three payments per quarter.
• SFS will provide a schedule of estimated payments** that divides costs minus any financial aid into three payments for the quarter (see below).
• $40 application fee per quarter.

If payments are not received by these dates, the account will be subject to late fees and registration/transcript holds. (See Late Charges and Payments.) Also visit SFS for more details and applications.

* Financial aid includes SPU scholarships, grants, federal grants and scholarships, state grants and scholarships, outside scholarships, student loans, and parent PLUS loans. Work study cannot be used in the calculation of payments.

** If financial aid and/or account charges change after enrollment in the payment plan, the estimated payment will change. Consult your monthly electronic statements for actual payment amounts due.

[see how payment plans could work for you]

If your tuition is reimbursed by your employer or a third party (such as an embassy or government agency), you may be eligible for the Employer Reimbursement or Third Party Billing program.

Documentation confirming enrollment in an employer reimbursement program or third party billing is required and allows tuition deferment up to approximately 30 days after the quarter ends. If a third party is involved, the University will bill the third party directly, provided SFS has been given the appropriate documents, such as purchase order, official authorization, etc. All other fees and charges are due when billed.

If you participate in the Boeing Tuition Voucher program, your eligibility is subject to approval by the Boeing Company. Until SFS receives an approved voucher from the Boeing Company for participation in its Third-Party Billing program, you will receive monthly account statements and be responsible for all charges.

Once the process has been completed, the approved tuition and fees will be paid on your student account. You will continue to receive monthly statements if you incur charges not covered by Boeing.

If the billed statement balance is not paid each month, your account will be considered past due and the following penalties will apply:

• A late fee of 1.25 percent of the owing balance will be assessed after the payment due date.
• You will not be able to register for future quarters or obtain official academic transcripts or diplomas until your account is in good standing.
• If you were in Option B or C payment plan, you will be removed from the plan.
• Severely past due accounts may be referred to a collection agency. You will be responsible for collection costs in addition to the amount due SPU.



Last Updated: 12/14/2011