Installment Payment Plan

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 and any prior term balance 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 two weeks prior to the end 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).

Where do I find my Minimum Amount Due?

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

  • 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
  • = 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:

Fall Semester Spring Semester
August January
September February
October March
November April
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. The Minimum Amount Due (1st installment payment) must be received by the due date listed on the statement to complete financial settlement. The final payment is due the last day of June.