Monthly Payment Plan Options

Payment for tuition, fees, and other NSU charges is due in full at the time of registration. However, the NSU Bursar’s Office offers a variety of payment plans to NSU students to assist in paying the entire balance.

3-Month and 10-Month Payment Plans

3-Month and 10-Month Payment Plans are available to all NSU students (with the exception of international students) who wish to defer payment of their tuition, fees, and other institutional charges due, at the time of registration. The 10-Month Payment Plan is ONLY available for the fall and winter terms. The following terms apply:

Terms

1. In order to be eligible for either the 3-Month or the 10-Month Payment Plan, students must have paid all prior balances in full. Students may defer payment for any balances remaining on their account after all discounts, financial aid, and other credits have been applied.
   
   
2. The amount a student may defer is based on the following calculation:

   Estimated costs - Funding sources = Amount to be deferred

   Estimated costs include but are not limited to the following: tuition, fees, insurance, housing, and meals; funding sources may include: grants, scholarships, loans, and other sources.

3. It is the student's responsibility to notify the Bursar's Office of any changes in tuition or institutional costs so that future payments may be adjusted accordingly. Withdrawal from classes does not void this agreement unless the outstanding balance has been paid in full.
   
   
4. If a parent, guardian, or other person will be making payments on the student's behalf, NSU requires that the person with the fiscal responsibility to make payments also signs the Payment Plan Contract. The student thereby authorizes NSU to disclose financial aid and student account information to this person for the duration of the payment schedule.
   
   
5. The following deadlines for submissions of Payment Plan Applications apply: The 3-Month Payment Plan Application must be received three weeks prior to the start of the term. The 10-Month Payment Plan Application must be received by June 24, 2009.
   
   
6. Contracts are issued upon the receipt of Payment Plan Applications and a $50 non-refundable application fee. The Payment Plan becomes valid and binding when:
   
   
   1. the Bursar's Office receives the Payment Plan Contract signed by the student and the fiscally responsible person, if applicable;
      
      
   2. all post-dated payments in accordance with the payment plan schedule (checks or credit card authorizations) have been received;
      
      
   3. the first payment has cleared. For a 3-Month Payment Plan, the signed Payment Plan Contract must be received no later than one week prior to the start of the term.
      
      
7. The following payment schedules apply:
   
   
   • 3-Month Payment Plan: First payment is due at set-up; second payment is due 30 days from the beginning of the term; and final payment is due 60 days from the beginning of the term.
     
     
   • 10-Month Payment Plan: First payment is due at set-up; consecutive payments are due on a monthly basis; the 10th and final payment is due in March of the following year.
     
     
8. A 1.5% (APR) maintenance fee is assessed each month.
   
   
9. All existing policies pertaining to declined payments apply to the Payment Plan. If a student's payment is declined, a $25 declined payment fee will be assessed. The student will receive notification that the payment has been declined and that payment must be made within 15 days by credit card, money order, or cashier's check.
   
   
10. Failure to make an installment payment, when due, may render this contract null and void, and will require immediate and full payment of all remaining charges. NSU will withhold all services from the student, including grades, diplomas, transcripts, and future registrations, until the outstanding balance has been paid in full.

To apply for either a 3-Month or a 10-Month Payment Plan, complete the Monthly Payment Plan Application and submit it along with a $50 non-refundable application fee to the Office of the University Bursar.

Employer Tuition Assistance Plans

Undergraduates participating in employer tuition assistance programs who wish to defer tuition payment may submit a letter of eligibility or purchase order from their employer. They must also provide post-dated checks or credit card authorizations for the amount of tuition. Payment, of tuition only (not fees), may then be deferred for five weeks after course completion. A $50 deferment fee is charged for this service and must be paid at registration along with all other fees.

Any payment plan or a tuition assistance plan elected by a student pertains only to tuition and fee charges that exceed any financial aid due the student.

Florida Prepaid College Plan

Nova Southeastern University is a private institution of higher learning but does accept and bill Florida Prepaid College Plan for tuition and fee costs. However, the plans are based on the tuition rates of the tax assisted Florida Public Colleges and Universities. The difference between Nova Southeastern University tuition and fee cost and that of the Florida Prepaid College Plan is the sole responsibility of the student. To learn more about the plan, click Florida Prepaid College Plan.