Payment Plans

Kutztown University is pleased to offer payment plans to help make paying for college easier and more affordable.

• How much does a payment plan cost?

  A payment plan costs only $35 a plan!

  This fee will be added to your first payment and is retained by the payment plan provider - you will see one payment of $35 to CASHNet/Transact and one payment for the first installment to Kutztown University.

• Can the plan be set up for automatic payments or do I have to remember to pay each payment?

  Automatic payments make it easy to avoid late fees and ensure your payments are paid on time!  Remember E-checks are the most cost effective way to set up a payment plan because credit cards do assess an additional 2.85% non-refundable processing fee.

  You do not HAVE to utilize automatic payments, but it is highly encouraged to avoid late fees from the plan provider and from Kutztown University.

  To avoid automatic payments, uncheck the box prior to finalizing the plan.

• Enrolling in a Payment Plan

  Enrolling in a Plan is easy!

  1. Go to MyKU > KU Financial Account tile > Payment Dashboard > Payment Plans
  2. Choose the plan if multiple options are shown
  3. Enter the amount you need the plan for
  4. Agree to the terms, enter your initials (not name).
  5. Make the payment of the first installment amount and the fee of $35.

  NOTE: KU does not update plans based on the balance due in MyKU or adjust plans based on financial aid additions.  The plan will remain as you set up unless you log in and adjust the balance.

  If you see that you are not eligible for the payment plan, this is because of a prior default, or defaults, on a payment plan.  There are many reasons for this.  You may have had a plan and never paid the payments on it after setting it up, you may have received aid and forgotten to cancel the plan and thus never finished the payments, or you may have had too many returned payments.  You may email our office and ask for a review of your account to see if we can allow an exception for the plan to be used.  A review will either determine you may try using the plan again, or you have had just too many defaults and the plan is no longer a valid payment option.

• Adjusting / Cancelling a Payment Plan

  Adjusting a Plan Amount is easy and also the way you cancel the plan if no longer needed.

  1. Adjusting a plan if the amount is no longer accurate:
     
     1. Identify the amount you need left to pay KU
     2. Navigate to: MyKU > KU Financial Account tile > Payment Dashboard > Payment Plans
     3. Click on the payment plan - the side bar will open
     4. Next to Payment Schedule - click Edit Amount
     5. Enter the remaining amount you need in the plan
     6. Select Update Plan - remaining payments will be adjusted
  2. Cancelling a plan if no longer needed:
     1. The adjust steps above should be followed, but instead enter just 1.00 as your remaining balance due as the plan won't allow you to fully cancel or enter 0.00.
• Payment Plan Assistance

  If you need assistance with the payment plan, please contact the payment plan provider:

  1-877-821-0625

• Can a parent set up a payment plan?

  Yes!  They can do so by logging into the Payment Dashboard as the student (listed above), or as a payer, if the student set them up for their own access.

  Students can set a parent up easily right in the Payment Dashboard > My Account > Assign a Payer

  1. Payer Invitation.
  2. Send a payer invitation
  3. Add the rest of the information.
  4. Submit.
  5. The parent will get an email with their special link and they can save the link for future access (it is listed above as well).

  NOTE: The payment plan will only be visible under the account it was set up under.  If the account was created under the students access, then a payer won't see it or make payments on it.  Similarly, if a payer set up the plan, the student will not see it to make payments.

• How do I make an extra payment towards the plan before my due date?

  Making payments in advance is just fine and acceptable, just as paying off the plan early is.

  When you log into MyKU > KU Financial Account tile > Payment Dashboard - click on the option that says "make a payment"

  You will have the option to edit the amount due and proceed with payment.

  Click here for more information.

• Fall 2024 Payment Plan Dates - Opening Soon! - NEW MyKU only!

  Fall 2024 plans are in NEW MyKU > Student Accounts card > NEW Payment Dashboard (will show Fall 2024 payment plan for now - as we will have limited functionality in the NEW Dashboard for a few months).

  The Fall 2024 plan anticipates opening the week of  April 12, 2024, with last signup option occurring August 4, 2024 (3 payments) - Plan due dates do not extend or change your charges due date; you must meet your assigned due date.

  • Due Dates are as many as 6 payments; 5/5, 6/5, 7/5, 8/5, 9/5 and 10/5
    • If you sign up Apr 12 to May 4 - you will automatically get set up in the 6 payment plan;
      • The first payment due at sign up with enrollment fee and remaining payment due dates are 6/5, 7/5, 8/5, 9/5 and 10/5.
    • If you sign up May 5 to Jun 4 - you will automatically get set up in the 5 payment plan;
      • The first payment due at sign up with enrollment fee and remaining payment due dates are 7/5, 8/5, 9/5 and 10/5.
    • If you sign up Jun 5 to July 4 - you will automatically get set up in the 4 payment plan;
      • The first payment due at sign up with the enrollment fee and remaining payment due dates are 8/5, 9/5 and 10/5.
    • If you sign up July 5 to Aug 4- you will automatically get set up in the 3 payment plan;
      • The first payment due at sign up with the enrollment fee and remaining payment due dates are 9/5 and 10/5.

• Fall 2024 Late Reg & Orientation ONLY - To Be Determined

  See above regarding our inability to share any dates or plans at this time.

  A LATE plan is offered to students who participate in late orientation or complete late registration.  This plan will opens after the initial due date.  If your due date was Aug 2nd, you will still get a late fee using this plan since this plan is only for late registrants and late orientation attendees.

  • Late registration plan opens August x, 2024, with last signup option occurring October 1, 2024 (2 payments)
    • If you sign up Aug x to Sept 15 - you will automatically get set up in the 3 payment plan;
      • The first payment due at sign up with the enrollment fee and remaining payment due dates are 10/1 and 10/21.
    • If you sign up Sept 16 to sept 30- you will automatically get set up in the 2 payment plan;
      • The first payment due at sign up with the enrollment fee and remaining payment due dates is 10/21.
• Winter 2024 Payment Plan Dates - CLOSED

  The Winter 2024 plan opens about October 15, 2023, with the last signup option occurring December 22, 2023 (2 payments).

  • Due Dates are as many as 4 payments; 11/4, 11/26, 12/22, 1/12/2024
    
    • If you sign up Oct 15 to Nov 4 - you will automatically get set up in the 4 payment plan;
      • The first payment due at sign up with enrollment fee and remaining payment due dates are 11/26, 12/22 and 1/12/2024.
    • If you sign up Nov 5 to Nov 26 - you will automatically get set up in the 3 payment plan;
      • The first payment due at sign up with enrollment fee and remaining payment due dates are 12/22 and 1/12/2024.
    • If you sign up Nov 27 to Dec 22 - you will automatically get set up in the 2 payment plan;
      • First payment due at sign up with enrollment fee and remaining payment due date is 1/12/2024.

• Spring 2024 Payment Plan Dates - CLOSED

  The Spring 2024 plan opens October 6, 2023, with last signup option occurring February 5, 2024 (3 payments).  There is no late Spring 2024 plan planned.

  • Due Dates are as many as 6 payments; 11/5, 12/5, 1/5/2024, 2/5, 3/5, 4/5
    
    • If you sign up Oct 6 to Nov 5 - you will automatically get set up in the 6 payment plan;
      • First payment due at sign up with enrollment fee and remaining payment due dates are 12/5, 1/5, 2/5, 3/5 and 4/5.
    • If you sign up Nov 6 to Dec 5 - you will automatically get set up in the 5 payment plan;
      • First payment due at sign up with enrollment fee and remaining payment due dates are 1/5, 2/5, 3/5 and 4/5.
    • If you sign up Dec 6 to Jan 5 - you will automatically get set up in the 4 payment plan;
      • First payment due at sign up with the enrollment fee and remaining payment due dates are 2/5, 3/5 and 4/5.
    • If you sign up Jan 6 to Feb 5- you will automatically get set up in the 3 payment plan;
      • The first payment due at sign up with the enrollment fee and remaining payment due dates are 3/5 and 4/5.

• Summer 2024 (all sessions) - Open Now!

  The Summer plan opens soon with last signup option occurring June 3, 2024 (2 payments).  This plan can be used for any session you are attending as long as it is open.

  • Due Dates are as many as 4 payments; 4/3, 5/3, 6/3 and 7/3
    • If you sign up Mar 5 to Apr 3 - you will automatically get set up in the 4 payment plan;
      • First payment due at sign up with enrollment fee and remaining payment due dates are 5/3, 6/3 and 7/3,
    • If you sign up Apr 4 to May 3 - you will automatically get set up in the 3 payment plan;
      • The first payment due at sign up with enrollment fee and remaining payment due dates are 6/3 and 7/3.
    • If you sign up May 4 to June 3 - you will automatically get set up in the 2 payment plan;
      • The first payment due at sign up with enrollment fee and remaining payment due dates is 7/3.
• Summer 2024 Session 2 only - Opens June 4, 2024 (session 2 only)

  This plan will only help you if your due date is June 3rd or after, if your charges are due before this plan opens, your courses would be dropped if not paid.  This plan is for Session 2 only if you didn't already use the larger plan earlier.

  • The plan opens June 4, 2024, with last signup option occurring July 11, 2024 (2 payments)
  • Due Dates are as many as 3 payments; 7/1, 7/19 and 8/7
    • If you sign up June 4 to July 1 - you will automatically get set up in the 3 payment plan;
      • The first payment due at sign up with enrollment fee and remaining payment due dates are 7/19 and 8/7,
    • If you sign up July 2 to July 11 - you will automatically get set up in the 2 payment plan;
      • The first payment due at sign up with enrollment fee and remaining payment due date is 8/7.

• Are payment plans for the full academic year or by semester?

  Payment Plans are set up by the semester; maximum payments per semester is 6 if you sign up early.  With the exception of the late plans, the 6 payment plans do not overlap and allow for year round plans.

  Session plans are smaller due to the shortened nature of the session.

• How much should I set my payment plan up for?

  If you are setting your payment plan up before the tuition rates are known for the semester or before the bill is prepared, you will need to review the costs online and subtract your awarded/pending aid. We have an estimating tool worksheet online to help you!

  Awarded aid is for the full academic year, so this should be cut in half.  Some loans have origination fees (Stafford loans of 1.06%, Parent PLUS loans of 4.2% ).  This means that these fees are withheld by the provider/lender prior to release to KU.  A Stafford loan of 2,750.00 would disburse to KU as 2,722.00, for example.

  Remember you can adjust the plan easily once the actual bill is prepared or the final costs are known.  There is no fee to adjust a plan or even cancel it.

  If you are having trouble calculating the amount needed, please email or call us today!  We are happy to help!

• When and how will my balance change in MyKU from setting up a payment plan?

  Legacy MyKU:

  Your balance in MyKU will be reduced by the payment plan payment you have made to the payment plan site (minus the payment plan fee retained by the plan provider).  This payment posts right into MyKU as a payment plan payment. Only the payments processed so far will appear to reduce your balance due.

  Payments that are due later - will not reduce the balance.

  The bill/statements that are prepared on the Payment Dashboard (statements) have a section that will show the payment plan so that you can see if the plan amount is enough or if you need to reduce or increase it.  These bills are maroon and gold.  If you locate a bill that is blue online in MyKU - that will not show you all of the information.  We highly encourage always looking at the bills in the Payment Dashboard.

  Another way to see if the plan, is sufficient to hold classes, you will see a note in the KU Tasks tile.  Log into MyKU > KU Tasks.  Click on the green line, the Positive Indicator area.

  • If the plan is enough to cover the bill, along with the aid you have pending, then you will see a Classes Safe notation for the semester or session.  This will secure your class schedule and avoid a late fee.
  • If the plan is not enough to cover the bill along with the aid you have pending, then you will see a Pending Funds notation for the semester or session.  This will not secure a schedule or avoid a late fee, it is just a note on the account.

  NEW MyKU wil have Hold Codes to see if you are set up with a plan and if its sufficient to cover the bill or insufficient.  This section will be updated as we move forward with the new system and NEW Payment Dashboard.

• How will I know my Classes are safe from setting up my payment plan?

  Legacy MyKU > KU Tasks > click on the Green bar (Positive Indicators).  If you see a Classes Safe - you are good to go!  If you see Pending Funds, the plan is not enough, this is just a note on the account.

  New MyKU will also have  hold code to show Payment Plan is set up and sufficient or insufficient for the balance due.

• Is there a payment plan for International Students?

  International students have several ways to make payments and the options are dependent on the method you are using.

  US funding sources - bank account or credit card allows you to use the payment plan just the same as our domestic students.

  Foreign credit cards - you may use the payment plan just the same as our domestic students, but the processing fee for a foreign credit card is higher.

  Foreign currency - you may use the payment plan just the same as our domestic students, but you will select Flywire as your payment method. Click here for more information about Flywire.