Bursar and Loan Adminstration

Installment Payment Plan

TERMS & CONDITIONS

Although tuition, fees, and room and board are due and payable at the beginning of each semester, you will have a choice of paying your entire bill in full OR choosing to enroll in the Installment Payment Plan at the beginning of each semester.  The Installment Payment Plan provides an opportunity to pay the current semester’s (fall or spring) eBill charges in up to four installments.

An eBill will be produced monthly, showing the outstanding balance and any new activity on your student account since the last eBill.  You must enroll in the Installment Plan each semester you wish to use the plan.  You will be required to remit the first installment online by ACH or credit card at the time you enroll in the Installment Payment Plan.  The Installment Plan is not available during the summer term.  Your eBill will not indicate your monthly installment amounts; that information will be found under the Installment Payment Plan.  Your eBill will include the following charges:

1. Tuition including adjustments, non-resident tuition, graduate fees, and mandatory and special course fees

2. Charges for housing and dining services

3. Other miscellaneous charges (services, materials, field trip expenses, fines, penalties, etc.)

 

ELIGIBILITY

You are eligible if you enroll in the Installment Plan each fall and spring and agree to the Installment Plan Terms and Conditions.

INSTALLMENT PLAN PAYMENTS 

  1. Your monthly installments will be calculated on the total balance at the time of enrollment, divided by the number of payments remaining for the semester. 
  2. Enrollment into the payment plan ends as of the 3rd due date of the semester.
  3. Subsequent activity on your account (additional charges or credits) will cause your future installments to be recalculated.
  4. If you withdraw from the University, all unpaid installments are due and payable.  Credits to your student account resulting from the withdrawal, if any, will first be applied to the outstanding balance before any eligible refund is issued.
  5. You may prepay installments without penalty.

 

 PENALTIES       

  1. Your initial payment must be made online on or before September 1 when you enroll into the Installment Payment Plan for Fall Semester, and by January 1 when you enroll into the Installment Plan for Spring Semester.  
  2.   Additional penalties will be assessed to accounts not on the Installment Payment Plan and not paid in full by the due date. 
  3. Failure to pay the amount due will result in placing an administrative hold on your student records.  This administrative hold will prevent you from making any changes to your schedule, registering for a subsequent term, or obtaining a transcript or diploma.
  4. You will not be able to enroll in the Installment Plan if you have a past due balance from a previous term.  Past due balances will need to be paid in full before you can opt into the Installment Plan for the current term charges.
  5. In the event you fail to perform any of your obligations under the Installment Plan, you agree to pay reasonable collection costs incurred by the University to recover the amount due, including, but not limited to collection agency fees, attorney fees, court costs and other fees to the extent permitted by Indiana State law.  

 

HOW TO AGREE TO THE INSTALLMENT PLAN

Log into your eBill account and select Installment Payment Plan.  You must agree to the Terms and Conditions of the Installment Payment Plan.  The Installment Payment Plan does not roll-over after a semester ends; you will be required to enroll into the Installment Payment Plan each semester that you wish to use it.

PAYMENTS MUST BE RECEIVED BY THE FOLLOWING DUE DATES:

INSTALLMENTS              FALL SEMESTER              SPRING SEMESTER
First                                     September 1                        January 1
Second                                 October 1                            February 1
Third                                    November 1                        March 1
Fourth                                  December 1                         April 1

 

Bursar and Loan Administration
Lucina Hall (LU), room B32
Ball State University
Muncie, IN 47306

Hours: 8 a.m. - 5 p.m. Monday - Friday (Summer Hours: 7:30 a.m. to 4 p.m.)
Phone: 765-285-1643
Fax: 765-285-2468
View E-mail Address