Employer Deferred Plan Questions

Do I have to re-apply each semester for the Employer Deferment Payment Plan?

Yes, you have to apply and be approved each semester. The $50 payment plan fee is charged each semester you use the payment plan.

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What if I have not received payment from my employer by the due date?

The student, not the employer, is responsible for timely payment of this loan. The loan is due in full 30 days after the end of the semester, regardless of employer reimbursement.

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Once enrolled, can I be removed from the Employer Deferment Payment Plan?

In order to be removed from the payment plan, payment in full with certified funds would need to be received. If removed you may no longer be eligible to use the Employer deferred payment plan again.

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What fees can be enrolled in the Employer Deferment Payment Plan?

Only tuition and fees (i.e., class fees and mandatory fees) will be enrolled in the payment plan.

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What happens if I don’t have sufficient funds in the bank account for the deferred payment?

Any future classes may be dropped and you may become ineligible to use te employer deferred payment plan again. The balance may be sent to a third-party collection agency with collection fees added to the balance.

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