Payment Plan's Agreement and Terms for Degree Completion Programs

Half & Half Payment Plan:

• Student must pay half of tuition down to start.
• Second half of tuition payment due 90 days from first payment.
• BSU Graduation Package Fee is waived if payments made as agreed.

Example : Bachelor degree tuition $2,500: $1,250 (down) then $1,250 (90 day payment)

Paced Payment Plan:

Available ONLY by Credit Cards or Checking account debit payment with monthly payment authorization

For  Bachelor  Degree:

• $500 down to start.
• $200 minimum due by credit card authorization monthly. Equals 10 payments

**See Payment Plan Credit Card/Checking Account Authorization for details.

For Master Degree:

• $500 down to start.
• $250 minimum due by credit card authorization monthly. Equals 10 payments

**See Payment Plan Credit Card/Checking Account Authorization for details.

For Doctorate Degree:

• $500 down to start.
• $250 minimum due by credit card authorization monthly. Equals 12 payments
 

**See Payment Plan Credit Card/Checking Account Authorization for details.

Penalties on All Payment Plan's:

Any payments not made as agreed in above plans are subject to penalties. Students are granted a 7 business day grace period before they are subject to penalties.

If payment is not made as agreed and payment is not made within the 7 business day grace period the student's id and password will be suspended. To be reactivated the student must make agreed payment plus a $50 penalty fee.

Penalty fee schedule:

From date of suspension first 30 days till payment made as agreed is $50

• 31-60 days penalty is $100
• 61-90 days penalty is $150
• 91-120 days penalty is $200
• 121-150 days penalty is $250

Maximum penalty is $250. After 151 days and maximum penalty reached the student has one year from suspension date to reactivate there status. After one year from suspension date the student must reapply and pay full tuition again to reenter any University program.

One Year Payment Plan

$500 down to start, then balance of tuition is divided by 4 and each part is due every 90 days for one year. Example: Bachelor degree tuition is $2,500. $2,500 - $500 (down) equals $2000. $2000 divided by 4 equals $500 which is due every 90 days from first payment for one year.

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