Monthly Payment Plan

The Monthly Online Payment Plan schedules an electronic transfer of funds from your checking/saving account directly to Sacred Heart University.

  • Monthly Payment Plans are administered by Sacred Heart University.
  • Monthly payment plans are NOT available for Late Spring and Summer.
  • If you are not enrolled in a payment plan and/or paid in full by July 1, a late fee will be assessed at the rate of .75% per month on the unpaid balance (annual rate of 9%), such charge to be computed from the due date.

Payment Plan Schedule

Payment plans may require an immediate down payment in accordance with the following fee schedule:

Enrollment Dates Number of Payments Payment Due Dates Down Payment Due
May 10, - June 30, 2014 5 payments 07/01/2014
08/01/2014
09/01/2014
10/01/2014
11/01/2014

0% down payment
plus 5 remaining payments
July 1 - 31, 2014 4 payments 08/01/2014
09/01/2014
10/01/2014
11/01/2014

20% down payment
plus 4 remaining payments
August 1 - 31, 2014 3 payments 09/01/2014
10/01/2014
11/01/2014

40% down payment
plus 3 remaining payments

September 1 - 12, 2014

2 payments

10/01/2014
11/01/2014

60% down payment
plus 2 remaining payments

 
Payment Plan enrollment closes September 12, 2014 for the Fall 2014 semester
  • Payment Plan Adjustments: Adjustments to your payment plan are not updated automatically, you must submit a change of status form to increase and or decrease your monthly payment plan amount.
  • Fees: The monthly payment plan enrollment fee is $65 per semester. There are no fees for payments made via checking or savings.
  • Payment Options: Credit cards are not a payment option. Payments are automatically debited from checking or savings account.
  • Financial Aid: Students receiving financial aid are responsible for paying the portion not covered by pre-credited aid according to the payment plan elected
  • Late Fees: If you are not enrolled in a payment plan and/or paid in full  by the pay in full due date, a late fee will be assessed at the rate of .75% per month on the unpaid balance (annual rate of 9%), such charge to be computed from the due date
  • Winter, Late Spring & Summer Sessions: There are no monthly payment plans available for these sessions.
  • Down Payments: All down and full payments are processed immediately.  If the down or full payment fails for any reason, the agreement will be terminated
  • Failed Payments: If your payment plan monthly payment fails or is not received in compliance with the payment plan due date, the agreement will be terminated
The University may elect not to have online financial services available during specific times