MBA Finances

Billing and Payments

Deferred Payment Plan

A Deferred Payment Plan exists for those students who prefer to pay in five equal monthly installments. Twenty percent of the total assessed semester's fees are due on each of the payment dates. A non-refundable participation fee of $40 will be assessed to your CARS account for each semester that the Deferred Payment Plan is utilized. Please do not pay the participation fee until it is billed.

Due dates for the installment payments are:

	Fall Term	Spring Term	Summer
First Installment	August 15th	January 15th	N/A
Second Installment	September 15th	February 15th	N/A
Third Installment	October 15th	March 15th	N/A
Fourth Installment	November 15th	April 15th	N/A
Fifth Installment	December 15th	May 15th	N/A

Enrollment in the Deferred Payment Plan is done through the e-billing system. To enroll, submit the amount of the first installment noted in the "Deferred Payment Amount Due" box of the e-billing statement via e-Check. The account will not be on the plan until the first payment is received; subsequent payment amounts will be included in the "Minimum Amount Due" box listed on the monthly bill.

Deadlines for electing the plan for the fall semester are:

August 15th (continuing students)
September 15th (entering students)

Deadline for electing the plan for the spring semester is January 15th (for all students).

Guide to the Deferred Payment Plan (opens as a .pdf)

Financial Aid and the Deferred Payment Plan

Students receiving financial aid for a portion of their fees may choose to utilize the Deferred Payment Plan to pay their remaining fees. The remaining fees and payments are determined as follows:

The total fees due for the semester are divided into 5 equal payments
The student's financial aid disbursement is applied toward the payments in order of each payment due date
The remaining payments are then due according to the payment schedule above .