Payment Plans 2016-2017
STERLING COLLEGE OFFERS FOUR OPTIONS FOR PAYING YOUR BILL
Pay the net amount due with a credit card or online by August 1 for the fall semester, or by January 1 for the spring semester. The net amount due represents total charges, less any scholarships, grants or student loans confirmed by the Office of Financial Aid. Sterling College accepts all major credit cards. Online payments may be paid through the secure student portal by selecting ‘Pay on My Account’ located in your student account information.
Enroll in a tuition payment plan that spreads the net amount due over each semester. Sterling College partners with Tuition Management Systems (TMS) https://sterling.afford.com/. The annual fee is only $75 and students/families can choose an 8-, 9-, 10-, 11-, or 12-month payment plan. All plans end in April of the year attended. There is no interest with this monthly payment plan.
Pay the net amount using Alternative Loans or the Parent Plus loan. All paperwork must be received in the Office of Financial Aid by August 1 for fall or January 1 for spring. This is very important!
Payment agreements can be made with the business office for any student who does not have a past due balance AND their net due will be below $3500 for the semester. In order to qualify for a payment agreement with the College directly, all federal loans available must be applied on the students account. The plan will consist of the balance being paid in full by December 15 of the fall semester, or May 15 of the spring semester. Finance charges of 2% on unpaid balances will be charged monthly.
All students must receive financial clearance from the Office of Financial Aid and Student Accounts. In order to receive financial clearance, students must have completed a Billing Contract and one of SC’s payment plans listed above.
Please plan ahead for next school year! Don’t hesitate to contact me if you have any questions.
Debbie Cauthorn, Student Account Coordinator
Sterling College Business Office