Student Accounts: Monthly Payment Plan

The monthly payment plan administered by Tuition Management Systems (TMS) allows the University of Portland students and their parents to spread out annual college costs into a more manageable interest-free monthly installment plan. Please note that this payment plan is available for fall and spring semesters only.

Tuition Management Systems (TMS) does not have access to University of Portland student account information.  When you contract to pay through TMS, they will set the plan up for any amount you request.  To determine your plan budget, start with your total education expenses for the coming year. Subtract any grants or financial aid. Divide this amount by the number of payments offered in your plan.  Please feel free to call the Student Accounts office if you would like help determining your plan budget.  To enroll, call TMS at 1-800-722-4867 or enroll on their website, www.afford.com .

Upon enrollment, you will receive separate monthly statements from the University of Portland and TMS:

• The statement you receive from the University of Portland will list tuition, fees, room and board (if applicable), financial aid credits, miscellaneous charges and credits, and a credit for the semester amount you have contracted to pay through TMS.  Even if you have arranged to use TMS to pay all student account charges, if the student incurs additional charges or credits during the semester, the TMS plan will not be automatically adjusted to reflect those changes, and any outstanding amount will be due immediately. If you would like to have your TMS plan automatically adjusted to reflect changes on the student account, you may do so by submitting the Authorization to Adjust Monthly Payment Plan to the Student Accounts office. All accounts with authorization to adjust the TMS monthly payment will be audited shortly after the 15^th of the month. Accounts with a balance due will have the monthly payments raised to cover an amount due on the student account, and accounts with a credit balance will have the monthly payment lowered to reflect the credit. Both the student and payer on the TMS plan will be notified via email of the new monthly payment amount. If you need to have your student account reviewed or your payment plan adjusted at any other time during the month, please call the Student Accounts office directly.
• The statement from TMS will be for the monthly amount you have set up to pay to them.  You will receive a bill each month. TMS offers several options for making monthly payments during the fall and spring semesters; including check or money order, automatic deduction, and on-line payment (a fee will be charged for credit card payments).  Any monthly payments received after the monthly due dates of your payment schedule may result in an assessed service charge. You are strongly encouraged to send in your payment at least seven business days in advance of the due date, or to sign up for the Automatic Payment Option and have your payments deducted from your checking or statement savings account. For more information regarding TMS payment options go to https://www.afford.com/TMS/make-payment/faq.htm.
• A hold will be placed on student accounts with outstanding balances, and/or who are delinquent on their TMS monthly payments. Please refer to the Student Accounts hold policy for more information.

Payment Schedule

You may set up your payment plan for one semester, or for the entire year. It is more economical to set up an annual plan, so if you expect to attend the entire year a 10, 9, or 8 month plan may be your best option. The monthly payments are interest-free and are due on the 15^th of each month.

Annual Plans

o    10-Pay Plan: July 15 - April 15

o    9-Pay Plan: August 15 - April 15

o    8-Pay Plan: September 15-April 15

Semester Plans

o   5-Pay Fall Plan: July 15-November 15

o   4-Pay Fall Plan: August 15-November 15

o   5-Pay Spring Plan: December 15-April 15

o   4-Pay Spring Plan: January 15-April 15

 

Enrollment Fees

A one time fee is required to sign up for TMS. 

o    Annual plan - $60

o    Semester plan - $47