NSU Payment Plans

NSU Payment Plan Enrollment Periods

Fall Semester

• May—early monthly plan, opens approximately three months before the start of classes (16-week schedule), closes June
• June—monthly plan, opens approximately two months before the start of classes (16-week schedule), closes July
• June—two- and three-week plans, open approximately two months before the start of classes (16-week schedule), close August

Winter Semester

• October—monthly plan, opens approximately two months before the start of classes (16-week schedule), closes December
• December—two- and three-week plans, open approximately two months before the start of classes (16-week schedule), close January

• April—opens approximately one month before the start of classes, closes May 

Quarter Term Plans

• Summer—open and close in June 
  
  

Before Enrolling in a Payment Plan, students must...

• log in to SharkLink using their SharkLink ID and password
• click on the Finances tab and carefully review their financial aid status, eligibility, and award information for the applicable semester
• ensure that all requirements for disbursement of financial aid have been met
  • Requirements may include submission of the NSU State Aid Application for undergraduate students who are Florida residents, acceptance of a loan award, completion of a Master Promissory Note or entrance counseling for loans, and other requirements.
    Note: Students receiving financial aid from external sources must submit proof to the Office of the University Bursar.
• click on My Account on the left navigation and carefully review their NSU account to ensure that all charges are correct
• read and review payment plan information outlined below

Payment Plan Details

• Payment for tuition, fees, and other institutional charges is due in full at the time of registration.
  
  
• The Nova Southeastern University (NSU) Payment Plan (the NSU Plan) is a voluntary deferred payment option for the semester/term of enrollment.
  
  
• NSU Plan enrollment is for one semester/term. A new plan enrollment is required for each semester/term you wish to defer payment.
  
  
• NSU students who wish to defer payment for the semester/term may enroll.
  
  
• NSU reserves the right to cancel the NSU Plan for any student not eligible or no longer eligible.
  
  
• A non-refundable $75 set up fee with the minimum down payment is due upon enrollment.
  
  
• The student has the option to make an additional down payment to further reduce the deferred balance.
  
  
• Deferred payment under the NSU Plan requires a minimum balance of $500.00 after all discounts, financial aid awards, resources, and other credits have been applied.

Estimated Costs* - Funding Sources = Amount to be Deferred

*Estimated costs include, but are not limited to, tuition, fees, health insurance, housing, and meal charges.

Funding sources may include, but are not limited to, grants, scholarships, loans, and other outside sources, such as any state prepaid college plan or 529 plan.

• The deferred balance is based upon the information on the student's account at the time of plan enrollment.
  
  
• The NSU Plan requires scheduled payments (installments) on fixed due dates. Installments are automatically charged to the student's selected payment method on their due dates. 
  
  
• The student is responsible for making sure the payment method remains valid for the duration of the plan. Students are encouraged to review their payment method prior to each installment to make sure it is active, and sufficient funds are available. Payment methods for future installments may be edited at least 48 hours before the payment due date. Before you can change your payment method in the payment plan, you will need to add a new payment method in your Payment Profile. 

• Students whose installment payment declines will incur a $25 declined payment fee and a hold on the NSU student account. Debit Card and eCheck Users must contact their bank and verify spending limits to ensure account restrictions will allow payment of scheduled amounts. 
  
  
• The student may assign a person as an authorized user to access their NSU eBill account. The authorized user may enroll the student in the NSU Plan to make payments on the student's behalf.
  
  
• If a parent, guardian, or other person will be making payments on the student's behalf as an authorized user, NSU requires the student to complete the Release of Information (ROI) Consent for the authorized person. The student must indicate on the ROI form to grant access to financial aid and student account information.  Without ROI consent on file, the Family Educational Rights and Privacy Act (FERPA) prohibits university representatives from discussing the student’s account, even with a person who has been set up as an authorized person in NSU eBill. Access to other information on the ROI is at the student’s discretion.

• The student or authorized user who is enrolling in the NSU plan will review a breakdown of eligible charges and credits and the payment schedule.
  
  
• The student or authorized user will then review a payment plan agreement for acceptance of the selected NSU Plan. Once you click "Agreements," your payment will begin to process; plan changes will not be permitted. We advise you to review the pay dates and choose your plan carefully.  Students may be enrolled in only one plan at a time during the semester.
  
  
• By agreeing to the terms and conditions and continuing the steps of enrollment, the student or authorized user will also be submitting the finance charge and the down payment as part of enrollment into the NSU plan.
  
  
• The Payment by Credit Card or Gift Card Policy Agreement must be reviewed and acknowledged in order to continue.
  
  
• The student or authorized user can print the Worksheet (itemization of the amount financed) and print the Payment Plan Agreement.
  
  
• After acceptance of the agreement and processing of the payment, the student or authorized user can print the Payment Receipt (Payment Confirmation) for their records.
  
  
• Enrollment in the NSU Plan is not complete until all of the above has been processed. Email notification will be sent upon successful completion.

NSU Payment Plan Installment Adjustments

• In the event of a change in either costs or funding sources after enrollment in the NSU Plan, the plan installment amounts will be recalculated. After recalculation, the balance will be redistributed to any remaining installments.
  
  
• An updated disclosure statement will be generated with recalculated amounts if there is an increase in the payment amount. Notification will be sent by email.
  
  
• Once enrolled, the student or authorized user may view the NSU Plan summary on the NSU eBill home page or click Payment Plans on the top menu at any time.
  
  
• Withdrawal from classes does not void the NSU Plan unless the outstanding balance has been paid in full. It is the student’s responsibility to pay any outstanding balances for the semester/term.
  
  

• Declined payments will result in a $25 declined payment fee and a hold on the NSU student account.  Holds restrict student services, including but not limited to, grades, diploma, ordering of transcripts, and registering for classes.
  
  
• The student will be notified by email of the declined payment and that payment must be rectified within 30 days by credit card, money order, or cashier’s check. The contract will be rendered null and void if the declined payment is not remedied within the timeframe specified. The outstanding balance will immediately become due in full.
  
  
• Two (2) declined payments render the NSU Plan subject to cancellation.
  
  

• NSU reserves the right to cancel the NSU Plan for any student not eligible to enroll or no longer eligible to enroll.
  
  
• Failure to meet the terms of the payment agreement may entitle the university to declare the full balance plus late fees immediately due and payable by law. NSU will withhold all services from the student until the outstanding balance, as well as all attorney fees, legal expenses, and other collection costs have been paid in full.

• If a student has a history of nonpayment, the university reserves the right to bar a student from enrolling in the NSU Plan.

 Disclaimer: Description, terms and conditions of future NSU Plans are subject to change.

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