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Installment Payment Plan

A student's registration for a given semester is not complete until all expenses are paid or the first payment of the Installment Plan (the Minimum Amount Due) is received. If this payment is not received by the due date, a late fee of $50 will be assessed. If payment is not made before the cancellation date, the student's class schedule will be cancelled and a re-registration fee of $100 plus the late fee of $50 will be charged. Beginning on the first class day of the semester, the re-registration fee is $150 and the late fee is $75.

Payment for BearBucks™ must be received before they can be activated.

INSTALLMENT PLAN

The Installment Plan divides the financial obligation into five payments per semester and makes the Baylor education more manageable for students and parents. Receipt of the initial payment of the Installment Plan, plus the installment plan fee, any prior term balance and any BearBucks™ not previously paid will allow the student's account to be financially settled for the term and enroll the student in the Installment Plan. This amount is the Minimum Amount Due.

The Installment Plan is available to all undergraduate and graduate students, part-time or full-time. There is a $60 per semester (fall or spring) non-refundable fee for participation in the plan, regardless of balance. A monthly bill is sent by email to all authorized users and to the student's Baylor email account. This billing occurs the second week of each month, with payment due by the last day of the month.

MINIMUM AMOUNT DUE

The Minimum Amount Due is your first installment payment based on the charges and anticipated financial aid on your account at the time a semester bill is generated. Paying the Minimum Amount Due shown on your bill enrolls you in the Installment Plan for the semester. This amount includes the $60 non-refundable installment plan fee (even though the charge for the fee will not show until the next monthly statement).

If you have added additional charges or receive additional outside scholarships or financial aid that is not reflected on your bill, you will need to recalculate your Minimum Amount Due as shown below.

To calculate the Minimum Amount Due (fall or spring semesters):

Total semester charges (NOT Bear Bucks™)
Less (-): Verified Financial Aid (except work-study)
Equals (=): Installment Plan amount

Installment plan amount ÷ 5 = Monthly Payment

Monthly payment
+ $60 semester installment plan fee
+ any previous balance
+ any Bear Bucks™ not previously paid
= Minimum Amount Due

The Minimum Amount Due (1st installment payment) must be received by the due date to complete financial settlement.

Subsequent payments for the semester are due the last day of:

SUMMER MINIMUM AMOUNT DUE

The Minimum Amount Due is your first installment payment based on the charges and anticipated financial aid on your account at the time the bill is generated. If nothing has changed, you may pay the Minimum Amount Due shown on your bill, and this will enroll you in the Installment Plan for the semester. This amount includes the $24 non-refundable installment plan fee (even though the charge for the fee will not show until the next monthly statement.)

The summer Installment Plan divides the financial obligation into two payments.