How the Plan Works
There is an annual non-refundable application fee of $75.00 which will be billed to your account and calculated into your monthly payments.
The plan may be utilized for one semester only or for both the fall and spring semesters – the payment plan is not offered for the summer semester. You may pay the full balance owing at any time and cancel your payment plan. ($75.00 fee is non-refundable)
We calculate your installment payment amount by taking all tuition, room, meal plan and fee charges currently posted to your account and subtract all payments, financial aid and other credits currently posted to your account. The remainder is then divided by the number of months you will be making payments which is typically 5 for fall (the first bill is sent in June) and 6 for Spring (the first bill is sent in November) however, it can be less depending up when you enroll in the plan. We will email you each time a bill is produced. All billing statements are available in MySlice. No billing statements will be mailed.
Payment amounts can change based on increases or decreases in charges, financial aid or other credits. The balance due will be recalculated every month based on the number of months remaining on the plan.
***ALL ROOM AND MEAL PLAN CHANGES MUST BE MADE THROUGH THE HOUSING AND MEAL PLAN OFFICE***
If you anticipate receiving Syracuse University financial aid, we will process the Installment Payment Plan once you have received your notice of award from the Office of Financial Aid.
- We will estimate PELL grants and New York State Awards based on estimates we receive from the Office of Financial Aid
- Adjustments based on increases or decreases in Financial Aid will be made on each bill
- We ask that you provide the Office of Financial Aid with documentation of pending aid from non-University sources if you wish us to include this in your plan
Completion and Return of the Application
Please complete ALL fields of the application. If the application is incomplete, we will not be able to enroll you in the plan. The application can be submitted no later than June 1st by:
- Scanning and emailing a .pdf file to firstname.lastname@example.org
- Fax to (315) 443-3630
- Mailed to Syracuse University, Bursar Operations, 119 Bowne Hall, Syracuse, NY 13244
Late Payments and Financial Holds
Payments not received by the due date each month will be considered late and will result in a FINANCIAL HOLD being placed on the student’s account. A financial hold prohibits future registrations and the receipt of a transcript or diploma. Once the past due financial obligation has been satisfied, the financial hold will be lifted.
There are no finance charges or interest charges imposed for use of the Installment Payment Plan. The University does charge an annual non-refundable application fee of $75.00 for participation in this plan. If you apply and then decide not to participate in the plan, this fee will NOT be refunded.
The University reserves the right to assess a late fee in any semester that full payment is not received in accordance with the terms of the payment plan agreement. The late fee is $85.00 when the entire remaining balance for the semester is $499.99 or less and $120.00 when the entire remaining balance for that semester is $500.00 or more.
In addition, participation in the installment payment plan is contingent on a satisfactory payment history with the University. We reserve the right to deny participation to anyone that who has not complied with the terms of the installment plan and the associated billing dates.
If you have any further questions, please call a Bursar Account Representative at 315 443-2444, write to Bursar Operations, 119 Bowne Hall, Syracuse, New York 13244-1140 or contact us via e-mail at email@example.com. We are happy to answer any questions you might have and help guide you through this process.
Prepaid Tuition Plan
The University’s Prepaid Tuition Plan allows first-year students to prepay eight consecutive semesters (four fall and four spring, summer study and Winterlude are not included), thereby locking in the rate of tuition in effect at the time of the plan’s initiation.
Payment must be received by August 1 just before the first term of the student’s matriculation. This plan is available only to full-time Main Campus undergraduate students awarded less than $8,000 per year in institutional aid. We always recommend discussing this plan with your tax adviser.
For a copy of the Prepaid Tuition Plan Agreement that governs this plan, please contact us at 315-443-2444, write to Bursar Operations, 119 Bowne Hall, Syracuse, New York 13244-1140 or contact us via e-mail at firstname.lastname@example.org.