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Tuition Payment Plans

Tuition payment plans are short-term (12 months or less) installment plans which split your tuition into equal monthly payments. Many such plans are essentially interest-free, but some have fees or finance charges. Ask about the costs to you before using a tuition installment plan.

For information about prepaid tuition plans and college savings plans, see the Section 529 Plans section of FinAid. For more information about longer term education loans, see the Student Loans section of FinAid.

Academic Management Services
AMS's TuitionPay lets you pay your tuition bill in small, monthly installments at more than 1,500 schools nationwide. The service is interest-free. There is a low annual enrollment fee around $50. For more information call 1-800-635-0120.

Advantage School Tuition Payment Program
This tuition payment plan collects your tuition payments and transfers them electronically to your school. There is no cost to the school, but you pay an annual fee of $27 to $45, depending on the number of payments and the method of funds transfer. (Note: Your school must enroll in the program before you can use it to make payments.)
Fred White
Advantage Funding Corp.
333 South State St
Lake Oswego, OR 97034
Phone: 1-503-636-7175
Fax: 1-503-697-7613

FACTS Tuition Management
FACTS Tuition Management offers tuition management and budgeting services for educational institutions at all levels, from pre-school through post-graduate institutions.
FACTS Tuition Management
100 N. 56th, Suite 306
Lincoln, NE 68505
Phone: 1-800-624-7092
Fax: 1-402-466-1136
Email: info@factsmgt.com

Tuition Management Systems
Tuition Management Systems provides tuition payment programs for more than 250,000 students and families annually at more than 1,000 schools, kindergarten through college. Their interest-free monthly payment option allows students and families to spread educational costs over a several months, without interest and without borrowing. (There is an enrollment fee that ranges from $30 to $60, depending on the school.) Their BorrowSmart counseling optimizes the combination of tuition payment plans and PLUS loan debt to minimize loan interest payments for a given monthly payment. (Acquired by Keybank Education Resources in 2007.)
Tuition Management Systems
171 Service Avenue, Second Floor
Warwick, RI 02886
Phone: 1-800-722-4867
Fax: 1-401-736-5050

 

 
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