University of the Cumberlands

UNIVERSITY OF THE CUMBERLANDS

Monthly Payment Plans

Any parent or guardian of a currently enrolled student or a currently enrolled student in any program at the university is eligible to enroll in one of our monthly payment plans. By enrolling, you are able to pay your tuition on a monthly schedule instead of the one lump sum payment that is due at the beginning of each term. This means you will be able to add your tuition into your monthly household budget and make it more affordable.

Interest Free

All of our plans are interest free. You can participate in any of the plans and pay monthly without accruing interest.

Application Cost

A non-refundable application fee of $50 (year) or $25 (term) is payable at the time you submit your application in order to activate your plan and to confirm registration of classes.

Available Payment Plans

As a participant, you can choose the monthly payment plan that best meets your needs. Your payment will be due on the first of each month during the duration for the plan you choose.

Combine payments for the fall and spring expenses over 10, 11 or even 12 months, whichever is most convenient to you.
Pay for a single term expenses over 7, 6 or 5 months.
Payments are due the first of each month.

Payment Schedule Options

Undergraduate Students (Academic Year)

Plan	# of Payments	Enrollment Dates	Payment Dates
Y12	12 Payments	May 1 – May 14	June 1 – May 1
Y11	11 Payments	May 15 – June 14	July 1 – May 1
Y10	10 Payments	June 15 – July 14	August 1 – May 1
Y09	9 Payments	July 15 – August 14	September 1 – May 1
Y08	8 Payments	August 1 – September 1	October 1 – May 1

Undergraduate Students and Graduate Programs (Fall Term)

Plan	# of Payments	Enrollment Dates	Payment Dates
F07	7 Payments	May 1 – May 14	June 1 – December 1
F06	6 Payments	May 15 – June 14	July 1 – December 1
F05	5 Payments	June 15 – July 14	August 1 – December 1
F04	4 Payments	July 15 – August 14	September 1 – December 1
F03	3 Payments	August 15 – September 14	October 1 – December1

Undergraduate Students and Graduate Programs (Spring Term)

Plan	# of Payments	Enrollment Dates	Payment Dates
S07	7 Payments*	October 1 – October 14	November 1 – May 1
S06	6 Payments*	October 15 – November 14	December 1 – May 1
S05	5 Payments	November 15 – December 14	January 1 – May 1
S04	4 Payments	December 15 – January 14	February 1 – May 1
S03	3 Payments	January 15 – February 15	March 1 – May 1

* This plan is for students not enrolled in the fall term.

Undergraduate Students and Graduate Programs (Summer Terms)

Plan	# of Payments	Enrollment Dates	Payment Dates
U03	3 Payments	May 1 – May 14	June 1 – Aug. 1
U02	2 Payments	May 15 – June 14	July 1- Aug. 1
U01	1 Payment	June 15 – July 14	August 1

PACE, BRIDGE, and Business Online Programs

Your payment plan will be customized to the start and end dates of your set of courses. However, we will try to follow the above plans as much as possible. Please contact our Bursar for more details.

Late Fee

All payments are due on the first of each month. If we do not receive your payment by the 10 th of each month in which the payment is due or if we receive a partial payment you will be charged a late fee of $25.00 and may be subject to plan termination. In the event your account is closed for any reason, you are required to pay the university all charges due on the date of termination.

How to Enroll

You will want to secure and finalize all of the available financial aid prior to applying for your payment plan. You can only apply for a payment plan through the Bursar’s office. Your application fee is due at the time you submit your application.

In Person – you can obtain, complete, and submit a payment plan application at the Bursar’s office. Our office is located in the Gatliff Building room 120.
By Mail – you can download a payment plan application here. Mail your completed application, along with your application fee to: University of the Cumberlands, 6194 College Station Drive, Williamsburg, KY 40769. You can pay your application fee by debit/credit card on our secure website at https://charlotte.ucumberlands.edu/payment.
By Phone – you can call our office and we will complete your application and process your credit/debit card for the application fee. Our toll free number is 1-800-343-1609 opt. #1 then opt. #5 and our local number is 539-4206 or 539-4472.

Questions

Please direct all of your questions directly to the Bursar’s office at 1-800-343-1609 opt. #1 then opt. #5. Once we have process your application you will begin your payments according to the plan you choose.

Terms and Conditions

1. Enrollment. Enrollment is accomplished by completing, signing, and submitting your Payment Plan Application. Your application fee of $50 per year or $25 per term must be included with your application to activate your plan. Enrollment can be made any time during our enrollment period for the plan you choose.

2. Allowable Educational Expenses. You should include tuition, room & board, textbook allowance, course fees, and student medical insurance (if required) for the academic year or term.

3. Annual Budget Amount. The total Annual Budget amount is payable in equal monthly installments due on the first of each month. Your payments will begin and end on the dates outlined in the payment plan you choose. Your final payment will be adjusted (if needed) to close out your plan and pay your tuition account in full. Each student is responsible for their tuition account and payment plan.

4. Fees and Other Charges. The application fee (non-refundable) is required with your application. A late payment fee of $25 (non-refundable) will be charged if your payment is not received in our office by the 10 th of the month in which it was due. A return check fee of $20 (non-refundable) will be charged for any check returned by your bank for any reason.

5. Failure to Pay. Failure to make the required payment within 60 days of the due date may result in termination from the plan. Any unpaid tuition account at the university is due in full immediately upon termination. If you are no longer enrolled and leave owing a debt, your debt will be placed with an outside agency and by signing the application you agree to pay all collection costs that may incur. The university reserves the right to charge 12% APR on all accounts placed with an outside collection agency.

6. Changes in the Annual Plan Amount. You are responsible to notify the Bursar’s office of any changes in your financial aid and/or expenses. Examples of normal changes may include, but not limited to, aid award increase or decrease, textbooks, fines, late fees, failure to secure outside scholarship(s) and failure to earn a workstudy award. It is your responsibility to notify the Bursar’s office immediately of any changes. If the plan amount is decreased below the amounts already paid by the participant, the university will refund the credit balance through its normal refund process.

7. Registration Confirmation and Bursar Holds. All students must receive financial clearance from the Bursar’s office before they can complete registration confirmation, attend class or live in campus housing. To receive clearance you must (a.) pay all required fees, (b.) have a payment plan on file, or (c.) secure enough aid to cover all estimated cost.