Payment Plan Agreement Form
I hereby authorize Breyer State University to debit my credit card or checking account on the same monthly date as the first payment and specified amount every month for tuition payments, application fee and graduation fee till amount specified below is paid in full or the student pays off the final balance owed in one balloon payment. I hereby understand that any cancellation of this agreement must be made 5 business days before next payment is due. Official cancellation is understood by submitting the Notice of Cancellation form found in the student classroom by mail, fax or email to Breyer State University . Regardless of method sent, Breyer State University must receive this Notice of Cancellation Form for changes to be made. Notification of cancellation will be acknowledged by email from the Finance Department once received.. I hereby understand that to make any changes to increase my monthly payments, I must notify the Finance Department at firstname.lastname@example.org 5 business days before next payment is due. Notification of increase in payment change will be acknowledged as received by email from the Finance Department.
Payment Plan’s Agreement and Terms for Degree Programs
Available ONLY by Credit Cards or Checking account debit payment with monthly payment authorization.
For Bachelor Degree: $200 down to start. $200 minimum due by credit card authorization monthly. Students can take up to 2 courses at time. *When the student is on the last course in order to graduate they will have to pay any outstanding tuition balance as a balloon payment on the last payment. *The payment plan covers the $50 application fee, graduation fee of $200 and tuition for each course of $400. *Books are separate to be ordered and paid for by the student.
For Doctorate & Master Degree: $250 down to start. $250 minimum due by credit card authorization monthly. *When the student is on the last course in order to graduate they will have to pay any outstanding tuition balance as a balloon payment on the last payment. *The payment plan covers the $50 application fee, graduation fee of $200 and tuition for each course of $500 for Masters and $550 for Doctorate. *Books are separate to be ordered and paid for by the student.
Penalties on All Payment Plan’s: Any payments not made as agreed in above plans are subject to penalties. Students are granted a 7 business day grace period before they are subject to penalties. Example: if the credit card provided is declined the student will be notified by email that day to contact the finance department and either clear the card on file to recharge or provide a new credit card. If payment is not made as agreed and payment is not made within the 7 business day grace period the student’s id and password will be suspended. To be reactivated the student must make agreed payment plus a $50 penalty fee.
Penalty fee schedule:
From date of suspension first 30 days till payment made as agreed is $50 31-60 days penalty is $100 61-90 days penalty is $150 91-120 days penalty is $200 121-150 days penalty is $250 Maximum penalty is $250. After 151 days and maximum penalty reached the student has one year from suspension date to reactivate their status. After one year from suspension date the student must reapply to the payment plan to reenter any University program.
The refund policy for this payment plan is the same as the university refund policy. Students have 1-15 days from the payment to request a full refund. 16-30 days to request a 50% refund of the payment and after 31 days there is no refund. This applies to each monthly payment. There is no retroactive policy on all the money that has been paid. This refund policy applies to each monthly payment only.
To request a refund students must submit an official cancellation found in the student classroom or by faxing in to the university a notice of cancellation. Notification of cancellation will be acknowledged as received by email from the Finance Department.