Monthly Semester Payment Plan
Brandeis partners with Nelnet to offer a monthly payment plan to families as a method to spread the cost of a semester over several months. Payments are required to be made on the scheduled due date, in the methods allowed by Nelnet, and must be paid directly to Nelnet.
For a small application fee ($45 per semester), but no interest or other finance charges, families may contract to have 4 or 5 equal monthly installments each semester deducted directly from their bank account or charged to a credit card.
No payment plan is available for summer charges or past due balances.
- Enrollment in the monthly payment plan will be through the Nelnet Student Account Portal and will be available when the semester e-bill is sent. Payment plans are only offered for the Fall and Spring semesters.
- Brandeis does not offer an in-house monthly payment option or accept payments for the payment plan directly
- When you enroll in a Nelnet monthly payment plan, you will be required to set up a recurring payment method. You can either select a credit card or automatic draft from a bank account. Payments will be charged to your card or withdrawn from the bank account automatically on the 15th of each month.
- Returned payments: If a payment is returned unpaid by the credit card or bank account on record, Nelnet will attempt to submit the payment again. The rescheduled payment does not grant an extension to the
Brandeis due date and late fee policies. We recommend you replace any returned payment immediately to avoid a Brandeis late payment fee. If the second attempt is also returned unpaid by the credit card or bank
account the payment plan is cancelled. Any student account balance that was being covered by the monthly payment plan will be due immediately as a one-time payment. If you are using a 529 Plan to pay all or part of your student account balance, it cannot be sent in monthly installments as Nelnet requires all monthly payment plans to be set up with a method of automatic payment. - You should submit your 529 plan payment as a one time payment by the published semester due date using the "Check, Money Order, Cash, 529 Plan and Travelers Check Instructions" tab on the student accounts, payment options section of our website. If the 529 check does not cover the full semester balance due, you can use the monthly payment plan for the remaining balance.
Enrollment Deadlines and Required Down Payments
Fall Payment Plans
The $45 non-refundable enrollment fee is due at the time of enrollment. If you plan to use a 4 or 3 payment plan you must be enrolled and all required payments paid by the August 4th semester due date. Enrolling in a monthly payment plan after the August 4th semester due date may result in a registration hold and late fees.
|
Dates to signup online |
Required Down Payment |
Number of Payments |
Months of Payments |
|---|---|---|---|
|
May 15 - July 13 |
None |
5 |
July 15 - Nov 15 |
|
July 14 - Aug 11 |
None |
4 |
Aug 15 - Nov 15 |
|
Aug 12 - Sept 3 |
25% |
3 |
Sept 15 - Nov 15 |
Spring Payment Plans
The $45 non-refundable enrollment fee is due at the time of enrollment. If you plan to use a 4 or 3 payment plan you must be enrolled and all required payments paid by the December 15th semester due date. Enrolling in a monthly payment plan after the December 15th semester due date may result in a registration hold and late fees.
|
Dates to signup online |
Required Down Payment |
Number of Payments |
Months of Payments |
|---|---|---|---|
|
Nov 18 - Dec 13 |
None |
5 |
Dec 15 - April 15 |
|
Dec 14 - Jan 12 |
None |
4 |
Jan 15 - April 15 |
|
Jan 13 - Feb 4 |
25% |
3 |
Feb 15 - April 15 |
