Payment Plans

Payment Plans

The Office of Billing and Payment Services offers three payment plan options. Details on each plan can be found by clicking on the links below.

• Premier Plan
• 33% Down Plan
• 20% Down Plan

Information Applicable to All Plans:

• The amount financed will be equal to the student's outstanding balance for the semester (less any memo items representing anticipated aid). If the balance changes for any reason, the plan will recalculate to reflect the change
  
  • If the plan recalculates, an email will be sent to the student and any authorized user
  • The minimum account balance required for eligibility is $2,000.00
• Tuition, room, board, insurance, and mandatory fees are included in the plan. Fines and miscellaneous fees are not included in the plan and must be paid separately
• Enrollment must be completed online
• Enrollment must be completed each semester. Plans do not automatically roll over from one semester to another.
• Authorized users can enroll on behalf of students
• The enrollment fee of $50 be paid online via eCheck at the time of enrollment
• If enrolling after the due date of one or more of the installments, those installments must be made at the time of enrollment.
• Installment payments via eCheck can be scheduled online via Student Account Services, accessible via MyAccess
• Down payments, or any other payment received prior to enrollment in a payment plan, will reduce the total amount financed under the plan and will not count as installment payments
• Financial Aid and Third Party Contracts will reduce the total amount financed under the plan
  • Memo items reflecting anticipated (as opposed to actual) payments will reduce the amount financed
    • Ensure that all documentation connected with Financial Aid and Third Party Contracts are submitted to the proper offices in a timely fashion
    • Any Financial Aid or Third Party Contract unrecorded at the time of enrollment, but subsequently recorded, will reduce the amount financed under the plan, though any installments previously paid off will be higher than subsequent payments
      • Consequently, students should strive to ensure that all financial aid and third-party sponsorships are recorded prior to payment plan enrollment.
• Any payments not connected with recorded Financial Aid or Third Party Contracts, when they are sent to Georgetown, will reduce or payoff any pending installments in sequence
• Missed installment payments will be subject to an interest charge equal to 1.75% of the amount of the payment
• For enrollment instructions, please click here.
• Georgetown University reserves the right to deny access to our payment plans for any reason.

Premier Plan

The Premier Plan offers the student the option to pay the semester bill in four installments each of which is equal to one-quarter of the balance.

1. This plan is not subject to a monthly interest charge on the amount financed
2. Enrollment dates are as follows:
   
   • Fall, 2012: July 15 - September 9
   • Spring, 2013: December 15 - January 26
3. Installment due dates are as follows:

Return

33% Down Plan

The 33% Down Plan offers the student the option to pay the semester bill in three installments each of which is equal to one-third of the balance.

1. This plan is subject to a monthly interest charge of 1.00%
   • Interest is assessed in full at the time of enrollment.
     
     • Installments paid early will reduce the interest charge
     • Installments paid late will increase the interest charge in addition to the service charge
2. Enrollment dates are as follows:
   
   • Fall, 2012: July 15 - September 9
   • Spring, 2013: December 15 - January 26
3. Students wishing to enroll after the start of classes, but prior to the end of plan enrollment will be required to pay a $60 late enrollment fee.
4. Georgetown will administratively un-enroll participants who fail to pay the financed amount by the final installment due date.
5. Installment due dates are as follows:

Return

20% Down Plan

 The 20% Down Plan offers the student to back-load the the semester bill by splitting the balance into three installments of 20%, 20%, and 60%.

1. This plan is subject to a monthly interest charge of 1.25%
   • Interest is assessed in full at the time of enrollment.
     • Installments paid early will reduce the interest charge
     • Installments paid late will increase the interest charge in addition to the service charge
2. Enrollment dates are as follows:
   
   • Fall, 2012: July 15 - September 9
   • Spring, 2013: December 15 - January 26
3. Students wishing to enroll after the start of classes, but prior to the end of plan enrollment will be required to pay a $60 late enrollment fee.
4. Georgetown will administratively un-enroll participants who fail to pay the financed amount by the final installment due date.
5. Georgetown reserves the right to retroactively assess service charges to plan participants who fail to pay the financed amount by the final installment due date.
6. Installment due dates are as follows:

Return