Auburn University announced a tuition payment plan that will allow its students to spread out the cost of their education into monthly payments.
The plan is administered by Tuition Management Systems and will provide an alternative for students who are paying larger term payments and help limit student borrowing.
"We are seeing the impact that this pandemic is having on families, and we want to help our students by making them aware of this program and its benefits," said Mike Reynolds, executive director of Auburn's Student Financial Services. "In such a time of uncertainty, this is a great way for students and their families to more easily pay for college through scheduled payments as opposed to a lump sum."
In the fall 2020 semester, Auburn will offer three payment plans:
- Starting June 5, students will have four separate payments to make.
- Starting July 5, students will have three separate payments.
- Starting Aug. 5, students will have two separate payments.
In the spring 2021 semester, the University will offer the following payment plans:
- Starting Oct. 5, students will have four separate payments to make.
- Starting Nov. 5, students will have three separate payments.
- Starting Dec. 5, students will have two separate payments.
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The payment plan has an enrollment fee of $45 per semester. Students can enroll in the plan here or contact Tuition Management Systems over the phone at 800-722-4867.
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