Payment Plan Options

 

ST. BONAVENTURE UNIVERSITY PREPAID TUITION PLAN 

In order to help parents deal with rising tuition, St. Bonaventure offers parents the opportunity to pay their student's entire undergraduate tuition in advance, locking in the current price. With the national average tuition increase projected, this is an attractive tax-free "return" on your money. Students must be accepted for full-time undergraduate enrollment and not be eligible for financial aid to qualify. For further information, call the Business Office at (716) 375-2133 or e-mail akightli@sbu.edu. 


PAYMENT PLANS 

St. Bonaventure University understands that sometimes you need some help managing your tuition bill. That’s why we offer the St. Bonaventure University tuition payment plan administered by Sallie Mae®. Payment plans are convenient, manageable payment solutions that give you the option to pay tuition in interest-free monthly installments, rather than one lump sum. Tuition payment plans offer:

 

  •  More time to pay. Spread your tuition payments over a period of several months
  • Interest savings. Use a payment plan to make monthly payments, interest free. You can also use a plan in conjunction with traditional student loans and
    financial aid
  • Convenience. You can enroll in a plan, manage your account and make payments online, 24 hours a day

 

Plan Terms: Tuition payment plans administered by Sallie Mae offer you the opportunity to pay your tuition, interest free, in 10 or 9 payments, beginning 6/1 or 7/1, respectively.


There is a $55 application fee to enroll in the TuitionPay Plan.  School statements for the Fall term will be sent in July, 2012, with a payment due date of August 1, 2012 to St. Bonaventure University.  Please use the worksheet on the TuitionPay enrollment site to calculate the amount of your TuitionPay Plan.  If enrolling in the TuitionPay Plan, you must enroll by August 15, 2012 to ensure your St. Bonaventure account is properly credited by the beginning of the fall semester.


To help you calculate how much to budget using a payment plan, school tuition and fee information can be found at:    http://www.sbu.edu/studentaccounts 


Enrolling in a tuition payment plan is easy. Simply visit tuitionpay.salliemae.com, click on “Enroll Now,” choose the payment plan option that is best for you and follow the easy steps to complete your enrollment. During the process, you will create your user ID and password, which will allow you to log on and manage your account online.


Make managing your tuition payments a little easier with a tuition payment plan administered by Sallie Mae. If you have any questions about the plan, call Sallie Mae at 800-635-0120 and a specialist will be happy to assist you.


Semester Payment Plan by TUITION MANAGEMENT SYSTEM (TMS): 


 

St. Bonaventure understands that education expenses are easier to pay when spread over predictable, monthly payments. Our Interest-Free Deferred Payment Option, offered in partnership with Tuition Management Systems, Inc. (TMS), is an alternative to large semester payments and helps limit borrowing. Please contact Tuition Management Systems (TMS) at 800-722-4867, or use their Web site at www.afford.com/sbu.


Under this plan, 50 percent of the outstanding bill must be paid by August 15, 2012, with the remaining balance paid in increments of 25 percent due September 15, 2012 and 25 percent due October 15, 2012, for the fall semester. For the spring semester, 50 percent of the outstanding bill must be paid by January 10, 2013, with the remaining balance paid in increments of 25 percent due February 10, 2013, and 25 percent due March 10, 2013. There is a $40 administrative fee per semester to enroll in this plan. Any balance not covered by the plan should be paid upon receipt of a bill.


Return to the Student Financial Services page.