Frequently Asked Questions
- 3 payment plan (semester)
- 10 payment plan (full year)
- General Information
What is the Miami University semester payment program?
This is a convenient and voluntary method for paying semester educational expenses over 3 monthly payments. This plan is administered by Tuition Management Systems.
Is there a charge?
Yes, there is a non-refundable enrollment fee of $35 per semester for using this plan. The fee is due at the time of enrollment and will be reflected on your account when you make your 1st payment.
3 Payment Plan payment schedule
1st semester |
2nd semester |
|
| 1st payment due | August 1 |
December 12 |
| 2nd payment due | September 1 |
February 1 |
| 3rd payment due | October 1 |
March 1 |
What is the Miami University monthly payment program?
This is a convenient and voluntary method for paying annual educational expenses over 10 monthly payments. This plan is administered by Tuition Management Systems.
Is there a charge?
Yes, there is a non-refundable enrollment fee of $55 per year for using this plan. The fee is due at the time of enrollment and will be reflected on your account when you make your 1st payment to Miami University.
10 payment plan payment schedule
10 monthly payments due on the 1st of each month from June 1st to March 1st.
If you enroll |
# of monthly payments now due |
Your next payment is due |
| by May 20 | 0 |
June 1 |
| May 21 - June 20 | 1 (+fee) |
July 1 |
| June 21 - July 20 | 2 (+fee) |
August 1 |
| July 21 - Aug 20 | 3 (+fee) |
September 1 |
Who determines the payments?
Based on your estimated semester/yearly expenses and deductions you can calculate your monthly payments.
What if I receive Financial Aid?
The total amount of financial aid that has been approved by the Office of Student Financial Assistance must be deducted before your plan amount is determined. If you receive additional financial aid after making the first payment, you can call 1.888.425.1130 or go to Tuition Management Systems website and adjust your budget..
What if I miss a payment or my financial aid does not fund?
Fifteen calendar days after final payment is due and/or financial aid has not funded, finance charges will be charged of prime plus 3% or the maximum rate allowed by law from the start of the semester. A hold will be placed on the student's records, which will prevent future registration and/or the release of university transcripts. Late fees must be paid prior to the application of any payments to the outstanding balance of the original amount due.
What if I drop in hours?
Budget adjustments to your account can be requested by calling 1.888.425.1130 or by going to your account at Tuition Management Systems.
What if I withdraw?
The date you officially withdraw from the University with the Office of the Registrar will govern you tuition or fee reduction. You are still responsible for paying the remaining balance upon withdrawal in accordance with the withdrawal policies of Miami University.
What if I/we do not sign the promissory note?
Miami University has agreed to extend your payment deadline while you complete your payment arrangements with Tuition Management Systems. Therefore, you are required to sign the Promissory Note, assuring Miami University that you accept full responsibility for your balance, and will complete your payment agreement. Failure to return a signed Promissory Note may result in cancellation of your Payment Plan Agreement, at which time your entire balance would be due.
How do I participate in the payment plan?
Enrolling is easy using one of these options:
- Enroll on campus in person
- Calling Tuition Management Systems at 1.888.425.1130
- On Tuition Management Systems website
Note: The enrollment process will not be completed without the first payment including enrollment fee and proper signatures.
Where do I send my monthly payments?
Payment whould be sent to:
Tution Management Systems Payment Processing Center PO Box 842722 Boston, MA 02284-2722 |
This document was last modified on September 9, 2009 .