Bursar
Accounting & Budget

Where the Money Goes
Learn more about how tuition and other revenue is used at NEOMED.

Installment Payment Plans

Installment Payment Plans, administered by Cashnet, are available to NEOMED students. These payment plans are an alternative to large term payments and help limit student borrowing. Plans are available for the Fall and Spring semesters only.

Key Features

  • Convenient monthly payments not to exceed six (6) months
  • 24-hour account access
  • Toll-free personal service Monday-Friday at 877.821.0625
  • Online enrollment via electronic signature
  • FERPA compliant pins for parents
  • Automatic recurring payment options
  • Offers different payment options including: credit card, ACH, 529, and debit cards
  • Auto generated emails or texts for bills, reminders, and receipts
  • Payments will be updated to your student account immediately after making a payment

In addition, if you are expecting loans, grants or financial aid there is no need to wait to enroll after your tuition is billed.  Once you enroll in the installment payment plan, your monthly payment will be adjusted during the semester based upon your account balance. If your account balances decreases your monthly payment amount will be adjusted automatically. However, if your account balance increases you must first approve the payment increase through Cashnet.  Once approved, your monthly payment amounts will be adjusted accordingly. If you do not approve the adjustment, the additional charges will be your responsibility to pay in full by the due date.

Enroll in an Installment Payment Plan

To enroll in an installment payment plan you must first access Cashnet through your Banner Self-Service account after your tuition and fees have been added to your student account.  All applicable installment payment plan options that are available to you will be displayed on your home page.

Download enrollment instructions [pdf]

Available Installment Payment Plans

Fall 201910 Term

Available for M1, M2, M4, P1, P2, P3 and P4

Last Enroll Date* Invoice Date** Due Date*** Late Fee Date****
06/24/2018 06/25/2018 07/01/2018 07/16/2018
07/24/2018 07/25/2018 08/01/2018 08/16/2018
08/24/2018 08/25/2018 09/01/2018 09/16/2018
09/06/2018 09/25/2018 10/01/2018 10/16/2018
09/06/2018 10/25/2018 11/01/2018 11/16/2018
09/06/2018 11/25/2018 12/01/2018 12/16/2018

Fall 201999 Term

Available for M3

Last Enroll Date* Invoice Date** Due Date*** Late Fee Date****
07/24/2018 07/25/2018 08/01/2018 08/16/2018
08/24/2018 08/25/2018 09/01/2018 09/16/2018
09/06/2018 09/25/2018 10/01/2018 10/16/2018
09/06/2018 10/25/2018 11/01/2018 11/16/2018
09/06/2018 11/25/2018 12/01/2018 12/16/2018

Fall 201911 Term

Available for COGS and Dual Enrolled Students*****

Last Enroll Date* Invoice Date** Due Date*** Late Fee Date****
09/24/2018 09/25/2018 10/01/2018 10/16/2018
09/24/2018 10/25/2018 11/01/2018 11/16/2018
09/24/2018 11/25/2018 12/01/2018 12/16/2018

Spring 201920 Term

Available for M2, M4, P2, P3 and P4

Last Enroll Date* Invoice Date** Due Date*** Late Fee Date****
01/22/2019 01/25/2019 02/01/2019 02/16/2019
01/22/2019 02/25/2019 03/01/2019 03/16/2019
01/22/2019 03/25/2019 04/01/2019 04/16/2019
01/22/2019 04/25/2019 05/01/2019 05/16/2019

Spring 201920 Term

Available for M1 and P1

Last Enroll Date* Invoice Date** Due Date*** Late Fee Date****
01/22/2019 01/25/2019 02/01/2019 02/16/2019
01/22/2019 02/25/2019 03/01/2019 03/16/2019
01/22/2019 03/25/2019 04/01/2019 04/16/2019
01/22/2019 04/25/2019 05/01/2019 05/16/2019
01/22/2019 05/25/2019 06/01/2019 06/16/2019

Spring 201999 Term

Available for M3

Last Enroll Date* Invoice Date** Due Date*** Late Fee Date****
01/24/2019 01/25/2019 02/01/2019 02/16/2019
01/31/2019 02/25/2019 03/01/2019 03/16/2019
01/31/2019 03/25/2019 04/01/2019 04/16/2019
01/31/2019 04/25/2019 05/01/2019 05/16/2019
01/31/2019 05/25/2019 06/01/2019 06/16/2019

Spring 201921

Available for COGS and Dual Enrolled Students*****

 

Last Enroll Date* Invoice Date** Due Date*** Late Fee Date****
01/24/2019 01/25/2019 02/01/2019 02/16/2019
02/24/2019 02/25/2019 03/01/2019  03/16/2019
02/24/2019 03/25/2019 04/01/2019  04/16/2019
02/24/2019 04/25/2019 05/01/2019  05/16/2019

Installment Plan Specifics

The following specifics are applicable for all installment payment plans:

  • A $35 per semester per plan enrollment fee must be paid at the time of enrollment.
  • Bills will be sent via email or text on the 25th of each month.
  • The payment due date will be on the first of the month regardless if the 1st falls on a weekend.
  • One reminder will be sent the day following the due date if payment is not made on time.
  • A $10 late fee will be assessed 15 days after the due date if payment is not made.
  • Payment plans will be cancelled automatically 10 days after the 2nd missed monthly payment and/or 10 days after the final payment is due and not paid.
  • Payment will be due in full immediately following the cancellation of a payment plan. Failure to due so will result in a hold on the student account.
  • Payments made via credit or debit card will be charged a 2.75 percent convenience fee for domestic cards or 4.25 percent for international cards by Cashnet.  This convenience fee is not charged when paying the enrollment fee with a credit card.
  • If an autopayment gets declined, Cashnet will attempt to process the payment for three days.  After the third day, the monthly payments will be suspended, and payment must be made via a different method immediately.
  • Once enrolled in a installment payment plan, all payments must be made through Cashnet.  The Accounting Office cannot accept payment(s) from the student for any account balance that is included in the payment plan.
  • Students are required to either pay tuition and fees in full or be enrolled in a payment plan 20 days after the start date of the semester. Failure to do so will result in a $50 non-refundable late fee and a hold being placed on your educational record.

*Last Enroll date is the last day to enroll in a plan to include that month as a valid payment month. For example, for the fall 201910 plan if you enroll prior to June 24th you will have a 6-month payment plan, if you enroll after June 24th you will only have a 5-month payment plan.

**Invoice Date is the date Cashnet will send an electronic invoice about the upcoming due date.

*** Due Date is the date the payment is due to Cashnet for your payment plan.

****Late Fee date is the date Cashnet will charge a late fee if payment is not made.

*****If you are a dual enrolled student you will have two applicable plans, one for your Medicine/Pharmacy tuition and fees and one for your COGS tuition and fees. You must sign up and pay enrollment fees for both plans if you wish to have all your tuition and fees be under a payment plan.

Contact Us

Jacalyn Kovach
Asst Director of Accounting
Phone: 330.325.6369
Email: jkovach1@neomed.edu