Deferred Payments

Deferred Payments

 

Nelnet Business Solutions (formerly FACTS Tuition Management's Monthly Payment Plan)

 

 

The Nelnet Business Solutions Payment Plan:

 

Monthly Tuition Payments

To help you meet your educational expenses, Carl Sandburg College is pleased to offer the deferred pay plan as a convenient budget plan. Nelnet 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 Nelnet is a $35.00 per semester nonrefundable enrollment fee. The enrollment fee is automatically deducted immediately the day the agreement is processed at Nelnet. If the enrollment fee fails, the agreement will terminate, just as it does if a down payment option is selected and fails.

After enrolling in the Nelnet tuition pay plan, visit www.mypaymentplan.com to check...

• View your Account Balance and Payments
• Update your banking or credit card information
• Update your demographic information, i.e, address and phone number

How Nelnet Business Solutions Works

Using the deferred payment plan is simple. Information for enrolling online is provided below under "Completing the deferred pay plan Agreement. You may budget your tuition and fees one of two ways:

 

A. Automatic Bank Payment (ACH)

ACH payments are those payments you have authorized the deferred pay plan to process directly with your financial institution. It is simply a bank-to-bank transfer of funds that you have pre-approved 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 to 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 MasterCard, VISA, American Express or Discover. This enables you to take advantage of various bonus programs offered by your credit card company.

 

Note: Should an automatic bank payment or credit card payment be missed a $30 missed payment fee will be automatically assessed to your account. You will be notified by Nelnet of the missed payment by mail, Nelnet will attempt a return payment fee one time.

 

Completing the deferred pay plan Agreement

When you enroll online, be sure you have the following information:

• Your username, which is: your first initial, middle initial, last name, month and day of your birthday (Ex. Jmdoe1220) and your pin number which is: your mySANDBURG pin or the last four digits of your social security number.
• The name and address of the person responsible for making the payments
• Account Information for the responsible person.
• If paying by automatic bank payments you will need the bank name, telephone number, account number, and the bank routing number. Most of this information is located on your check.
• If paying by credit card, you will need the credit card number and expiration date.

 

Enrolling online is simple

Go to “MySandburg”, then “Log In”, and (on the right side of the screen) under “WebAdvisor” select “My Account”, select “Sign up for the payment plan”; then select “Term”. You will need to enter your Colleague ID#, birth date (with slashes-mm/dd/yy) and the term you are paying for. Then select "Calculate Tuition". You will now see your Colleague ID, Name, Term, and Amount owed (if there is no tuition balance due, then you are not enrolled in any courses); otherwise, select the e-cashier icon. Choose the payment plan you desire. You may select the full payment option using your credit card or checking/savings, or the deferred monthly payment option using your credit card or check/savings. Once you are in e-Cashier review all information and refer to the menu bar at the top for additional answers to questions you may have. After you have reviewed all information, select the "Proceed" button. Follow the simple steps outlined. Please remember, any required down payment will be deducted immediately. After reviewing the information and you have accepted the Terms & Conditions in which your agreement has been submitted, you will receive an immediate e-mail (if e-mail address was provided). This e-mail will confirm receipt of your enrollment through Nelnet e-Cashier. You may also print this page for your records.

(Please make sure you have confirmation number before exiting!)

 

 

Summer 2013
Enrollment on e-Cashier is available beginning March 1, 2013

*Tuition is due May 6, 2013. (offices are open 8 a.m. - 5 p.m.) If students enroll for classes after May 6, they must pay tuition in full at Sandburg or online or sign up for deferment online that same day.

 

Fall 2013
Enrollment on e-Cashier is available beginning May 1, 2013

Last Day to Submit Online	Required  Down Payment	Number of Payments	Months of Payments
May 31	none	6	June-Nov
June 26	none	5	July-Nov
Aug 1	None	4	Aug-Nov
Aug 19	25%	3	Sept-Nov

*Tuition is due August 1, 2013. (offices are open 8 a.m. - 4 p.m.) If students enroll for classes after August 1, they must pay tuition in full at Sandburg or online or sign up for deferment online that same day.

 

 

Spring 2014
Enrollment on e-Cashier is available beginning October 1, 2013

Last Day to Enroll Online	Required Down Payment	Number of Payments	Months of Payments
Dec 1	none	5	Dec-Apr
Dec 31	none	4	Jan-Apr
Jan 21	25%	3	Feb-Apr

*Tuition is due December 12, 2013. (offices are open 8 a.m. - 5 p.m.) If students enroll for classes after December 12, they must pay tuition in full at Sandburg or online or sign up for deferment online that same day

 

 

Summer 2014
Enrollment on e-Cashier is available beginning March 1, 2014

Last Day to Submit Online	Required  Down Payment	Number of Payments	Months of Payments
Apr 1	none	4	Apr-July
Apr 21	25%	3	May-July
May 19	50%	2	June-July

*Tuition is due May 5, 2014. (offices are open 8 a.m. - 5 p.m.) If students enroll for classes after May 5, they must pay tuition in full at Sandburg or online or sign up for deferment online that same day.

 

 

Commonly asked Questions:

 

How do I sign up?

To sign up for Deferred Payment, have your bank account and routing numbers or your credit card number handy. Follow these  simple steps to enroll in the payment plan:

• Log into mySandburg
• Select Web Advisor
• Select My Account
• Select Sign up for the payment plan
• Select term

 

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?

Please contact the Business Office (309) 341-5210 or stop by and they will adjust your next payment(s) accordingly and send you an "Updated Payment Agreement Notice of Change" in the mail.  In order for the next payment to reflect the correct payment, please call or stop by 2 days before the 5th of the month.

 

Reasons to call or stop by the office for the adjustment:

• When your financial aid/scholarship has been applied to your account.
• When you add/drop courses.
• When you want to pay more than the agreed monthly payment.
• When you want to pay off the remaining balance, before the last agreed monthly payment.

 

How long can I defer my tuition?

Fall semester offers a 6-pay option and Spring semester offers a 5-pay pay option, but you must register by the dates in the brochure. Summer semester offers a 4-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, Nelnet will charge you a late fee of $30.

 

 

Questions?

If you have questions please call the Carl Sandburg College Business Office at (309) 341-5210, or call Nelnet Business Solutions at (800) 609-8056

Check the brochure or the FACTS website for more details.