The TuitionPay Monthly Plan allows students and their families to spread all or
part of a single academic year's expenses over nine or 10 equal monthly
payments. This payment plan can be combined with any of the low-interest
financing options. There is an annual $65 enrollment fee for TuitionPay that
includes tuition protection insurance coverage.
Manageable
Because educational expenses can be more manageable with monthly payments,
TuitionPay Monthly Plan allows you to meet all, or part, of the first academic
year's expenses in nine or 10 equal monthly payments (depending upon your
enrollment date) during the period from June 1 to March 1. When you re-enroll
for the second year, you may choose to extend your plan to 12 smaller monthly
payments.
Flexible
Since costs or financial assistance may change, this plan is completely
flexible. Simply estimate your monthly payment and enroll today. As costs and
financial assistance are finalized, you may increase or decrease your payment
by notifying our partner, Sallie Mae, which manages the TuitionPay Monthly Plan
for Washington University. You can withdraw from this plan at any time. For
payment flexibility you may send a check monthly or, as a free service, you can
have each month's payment automatically deducted from your checking or savings
account. To do so, fill out the appropriate section on the application.
Affordable
The plan is provided at an affordable, low cost. You pay a nonrefundable $65
enrollment fee once each academic year to cover administrative costs plus
tuition protection insurance premiums for the secure handling of your payments.
There are no interest payments or other charges; however, past due accounts
will be assessed a late fee.
Tuition Protection Coverage
Tuition Protection Coverage is provided at no additional cost. This insurance
guarantees payment of the unpaid balance for the year in question, in the
event of the death of the insured. For more information, call Sallie
Mae at (888) 643-0040.
Easy to Enroll
To enroll in TuitionPay, you can apply
online, call Sallie Mae at (888) 643-0040 to enroll by phone,
or download the enrollment
application (in PDF format) and mail to:
Tuition Payment Plan Processing
PO Box 813
Swansea, MA 02777
To determine your plan amount and to estimate your monthly payment, use the
Monthly Payment Calculator. For a more comprehensive description of the
TuitionPay Monthly Plan in comparison with other financing options, try our
Financial Planning Comparison Worksheet.
For full terms and conditions of the TuitionPay Plan, see the application.
Application deadlines:
The deadlines for submitting Fall 2008 TuitionPay Plan applications are: June 1
for participants selecting the 10-month payment plan and July 1 for
participants selecting the nine-month payment plan. If you are enrolling for a
single semester or miss the enrollment deadline, please contact Sallie Mae at
(888) 643-0040 for other options.
For more general information on the TuitionPay Plan, contact us at:
Student Financial Services
Washington University
Campus Box l041
One Brookings Drive
St. Louis, MO 63130-4899
(888) 547-6670
(3l4) 935-5900
e-mail: financial@wustl.edu
|