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 1st 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
Nov 15 - 30, 2013 5 payments 12/01/2013
01/01/2014
12/01/2014
03/01/2014
04/01/2014
0% down payment
plus 5 remaining payments
Dec 1 - 31, 2013 4 payments 01/01/2014
02/01/2014
03/01/2014
04/01/2014
20% down payment
plus 4 remaining payments
January 1 - 31, 2014 3 payments 02/01/2014
03/01/2014
04/01/2014
40% down payment
plus 3 remaining payments
 
Payment Plan enrollment closes January 31, 2014 for the Spring 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
  • If you are not enrolled in a payment plan and or paid in full by December 1st 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