Payment Plans
Student Types Eligible for Payment Plans:
Students who are standard day time students, or online standard students, may enroll in a payment plan if their charges are 30+ days past due.
PDU1 Holds:
If a student has a PDU1 hold and can no longer see the past due debt on their account, they will need to call the collections team in Accounting Services at 789613 to set up a payment plan.
Enrollment Fee:
There is a one-time $20.00 enrollment fee that is added to the first payment. This is NOT refundable.
Automatic Payments:
Students can enroll in automatic payments to be withdrawn from their account each month.
Late Payment/Service Charges:
Payment Plans DO NOT exempt the student from any applicable late payment charges and/or service charges that accrue on past due debts.
Registration:
Students WILL NOT be eligible to register for upcoming classes, receive a graduation diploma, or receive transcripts until the debt is paid in full.
Payment Plan Enrollment/Ends Collection Process:
If a student enrolls in a payment plan, it WILL STOP the collection process. They will not receive collections letters, phone calls and potentially being sent to an outside collection agency.
Disbursing Payment Plan Money
When a student enrolls in a payment plan and makes their first payment, it will go into AR Account 88 and will be titled Payment Plan. Do NOT move this money. Each night, it will automatically disburse to the accounts owing.
If a student has a PDU1 hold and makes a payment, that money will go to the 19 AR account titled Hold Account. The Collections Coordinator will then disburse the money to the owing accounts.
Contact Information:
If a student has any questions or concerns with their payment plan, they can contact Transact at:
For students who have a PDUE hold and would like to sign up for a payment plan:
- Login to their mybyui and click on the finance tab.
- Click on personal account.
- At the bottom of the page, it will ask if you would like to enroll in a payment plan. Click on it.
- It will bring up all charges owing on the account, with 3 different options to choose from. Either a 3-month, 6-month or 10-month plan. It will give a breakdown of what the payment will be each month.
- After selecting a plan that works for them, they will read the disclosure statement and agreement form.
- They will see a screen with how much is due now, including the one-time $20.00 enrollment fee.
- After clicking continue, it will bring up the payment screen. They have an option to pay with either a bank account, credit card, or 529 savings account.
- After entering payment information, they will see an option to set up auto pay with the same payment method.
- Once payment is finished, they will see their home screen and they will see that they are enrolled in a payment plan and when their next payment is due.
For students who have a PDU1 hold and would like to enroll in a payment plan, please have them contact the collections team in Accounting Services at 789613.