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FACTS Tuitions Mamagent´s Interest Free Monthly Payment Plan
How do I sign up?
Students can link to an online application form by clicking here on Online Student Services. You will need your student ID number (social security number) and your student pin number as assigned by Carl Sandburg College. To sign up, have your bank account and routhing numbers or your credit card number handy. Follow the instructions on the online brochure available online (insert PDF file) or from any campus Student Services office.
Can I enroll anytime?
Yes, but beginning with the tuition deadline date, you will need to make a down payment in addition to paying your fee.
Where do I send payments?
All payments will be deducted from the checking or statement savings account or charged to the credit card you provide on the application.
Will I receive a bill?
No. Your payment will be made automatically on the 5th of the month.
What if I add or drop a class?
Your deferment plan will be adjusted accordingly. If your balance due increases, your monthly payment will increase. If your balance due decreases, your payment will remain the same and you will be paid off sooner. Drops and Financial Aid applied are NOT considered a payment.
How long can I defer my tuition?
Fall and Spring semesters can be as many as five months, but you must register by the dates in the brochure. Summer semester offers a 2-pay option. Check the dates in the brochure.
Are there any other fees?
If funds are not available to make your payment on the due date, FACTS Tuition Management will charge you a late fee. Check the brochure or the FACTS website for details.
The FACTS Tutions Management Payment Plan
MONTHLY TUITION PAYMENTS
To help you meet your educational expenses, Carl Sandburg College is pleased to offer FACTS as a convenient budget plan. FACTS is a tuition management plan that provides you with a low cost option for budgeting tuition and other educational expenses. It is not a loan program; therefore, you have no debt, there are no interest or finance charges assessed and there is no credit check. The only cost to budget monthly payments through FACTS is a $30.00 per semester nonrefundable enrollment fee. The enrollment fee is automatically deducted within 14 days from the day the agreement is processed at FACTS.
Check out the online application: FACTS Tuition Payment Plan.
HOW FACTS WORKS
Using FACTS is simple. Information for enrolling online is provided in column 2. You may budget your tuition and fees one of two ways:
A. Automatic Bank Payment (ACH) –ACH payments are those payments you have authorized FACTS to process directly with your financial institution. It is simply a bank-to-bank transfer of funds that you have preapproved for your expenses at Carl Sandburg College. Payments may be made from either your checking or savings account. Payments are processed on the 5th of each month and will continue until the balance due the college is paid in full.
B. Credit Card Option – Many students and families have requested the option of charging their monthly tuition payment to Visa, MasterCard, or Discover Card. This enables you to take advantage of various bonus programs offered by your credit card company. If you elect to use this option, your monthly payment along with a convenience fee will be automatically charged to your credit card on the 5th of each month. The convenience fee is in addition to the non-refundable enrollment fee. If you wish to use this option you may enroll online or by calling FACTS.
Note: Should and automatic bank payment or credit card payment be missed a $25 missed payment fee will be automatically assessed to your account. You will be notified by FACTS of the missed payment by mail
COMPLETING THE FACTS AGREEMENT
When you enroll online, be sure you have the following information:
1. Your student ID (social security number) and pin number
assigned by Carl Sandburg College.
2. The name and address of the person responsible for
making the payments.
3. Account Information for the responsible person. |
