Nelnet Payment Plan

Advantages

Paying for the rising cost of a college education is a concern for nearly every student and family. To help you meet your educational expenses, Albany State University is pleased to offer Nelnet Business Solutions (NBS) as a convenient budget plan. This is not a loan program. You have no debt, there are no interest or finance charges and there is no credit check. Enrollment in this plan is easy and available online.

Payment Methods	Cost to Participate
Automatic Bank Payments (ACH) ACH payments are payments you have authorized NBS to process on behalf of ASU. It is simply a bank-to-bank transfer of funds you have pre-approved for your expenses at ASU. Payments may be made from your checking or savings account. Credit Card/ Debit Card If you elect to use this payment method, your monthly payment, along with a convenience fee, will be automatically charged to the credit card your designate. The convenience fee is in addition to the enrollment fee. Scheduled payments are processed on the 20th of the month and will continue until the balance is paid in full. Down payments and the enrollment fee are deducted immediately. Payments are processed on the 20th of each month	$50, 60 or $70 nonrefundable enrollment fee depending on the number of payments $30 returned payment fee, should a payment be returned by your financial institution The maximum amount you may budget is $4,500.00. Any amount over this will be added to your down payment.

Payment Methods

Cost to Participate

Automatic Bank Payments (ACH)

ACH payments are payments you have authorized NBS to process on behalf of ASU. It is simply a bank-to-bank transfer of funds you have pre-approved for your expenses at ASU. Payments may be made from your checking or savings account.

Credit Card/ Debit Card

If you elect to use this payment method, your monthly payment, along with a convenience fee, will be automatically charged to the credit card your designate. The convenience fee is in addition to the enrollment fee. Scheduled payments are processed on the 20th of the month and will continue until the balance is paid in full. Down payments and the enrollment fee are deducted immediately.

Payments are processed on the 20th of each month

$50, 60 or $70 nonrefundable enrollment fee depending on the number of payments
$30 returned payment fee, should a payment be returned by your financial institution
The maximum amount you may budget is $4,500.00. Any amount over this will be added to your down payment.

Manage Your Payment Plan

My payment plan is a service provided which enables you to view the current status of your payment plan, account balance, payment amount, and manage your account. Once you complete your payment plan go to www.mypaymentplan.com to set up your account. You will need your confirmation email available before logging-in. You will receive your confirmation email one business day after submitting your payment plan agreement.

Target Enrollment Dates

Spring 2021

Payment plan available on Nov 1, 2020.

Last Day to Enroll	Required Down Payment	Number of Payments	Months of Payments	Enrollment Fee
Nov 16	None	4	Nov-Feb	$50
Dec 10	25%	3	Dec-Feb	$60
Jan 8	50%	2	Jan-Feb	$70
Jan 21	50%	1	February only	$70

NOTE: All down payments and enrollment fees are processed immediately.

Fall 2020

Payment plan available on June 1, 2020

Last Day to Enroll	Required Down Payment	Number of Payments	Months of Payments	Enrollment Fee
July 16	None	4	July- Oct	$25
August 9	25%	3	Aug-Oct	$25
August 20	50%	2	Sept & Oct	$25

NOTE: All down payments and enrollment fees are processed immediately.
My College Payment Plan

Maximum Amount to Budget

The maximum amount you may budget is $4,500.00. Any amount over this will be added to your down payment.

Questions

Contact NBS Customer Service Representatives 24/7 at 1.800.609.8056 or bursar@asurams.edu or (229) 500-4358.

To Enroll:

Visit www.asurams.edu
Using the Students link , navigate to Money Matters- Setup Payment Plan
Log in, you will then be on the main menu
Navigate to Student Services & Financial Aid, Registration, and select Set up Payment Plan
Students may enroll in the plan each semester. The maximum amount for the plan is $4,500. Any amount over this will be added to the down payment.
Payment plans are for current semester tuition/fees expenses ONLY.

For detailed information on deadlines, payment plan fees, down payments, and other inquiries about the plan, please visit: http://mycollegepaymentplan.com/asu or call 229-500-4358.