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For Budget-Minded Online Students: ASU Tuition Installment Plan

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Enrolling into Arizona State University online degree program ensures you higher academic knowledge and flexible learning schedules, however, the costly tuition rate may have you frowned. Then you will get to know earning a degree online is not so inexpensive as you think.

Generally, the cost for a 7.5 week session will soar to more than $20,000, not including other charges like registration fees, health insurance and software expenses. This is definitely going to be a big burden to low- and middle-income families. Considering this, ASU provides a variety of financial aid opportunities to help you fund online education. However, what if the financial aid you receive is still insufficient to cover the applicable tuition and other fees?

Let ASU Tuition Installment Plan help you!

The Tuition Installment Plan is a payment option for students who are financially stuck and could not pay the tuition in full by the due dates. After enrolling into the Plan, you can budget the tuition payments over a specified number of months. This means that you are able to make a series of installments for your tuition and other charges.

All students at Arizona State University are qualified for the Tuition Installment Plan, no matter you are learning online or on campus.

Personally, I advise you to consider the Tuition Installment Plan if you could predict that you will regain the control of your finances in the near future and the monthly installments are comfortably affordable based on your circumstances. Otherwise, you’d better turn to federal or private loans for sufficient funds.

Then how to enroll into the Tuition Installment Plan? Arizona State University offers you two options – voluntary enrollment & automatic enrollment.

In voluntary enrollment, you need to:

• Log in to your My ASU account

• Select “My Finances” in the “Quick Link” toolbar

• Click the “Tuition Installment Plan” button in the “Helpful Links” tab

The voluntary enrollment has three starts each year, respectively December 1 for Spring Semester, April for Summer Semester, and July 1 for Fall Semester. For each new semester, you have to re-enroll into the plan.

If you do not pay the tuition and other charges by the deadline posted by Arizona State University, you will automatically enroll into the Plan. Besides, if you have received the financial aid which is not enough to cover all tuition and charges, you will be enrolled into the Tuition Installment Plan automatically as well, unless you pay the remaining balance by the extended payment deadline.

With your enrollment into the Plan, a non-refundable enrollment fee will be charged on your account, which is due when you make the first installment.

For Spring and Fall Semesters, the enrollment fee is $100 for resident students and $200 for non-resident students. For Summer Semester, the fee is $50 for resident students and $100 for non-resident students for each session, and you can sign up for two sessions at most.

After you enroll into the Plan, all of your applicable tuition, program fees and health insurance will get billed in three installments (special class charges are excluded). In each semester, you must make the scheduled installments by the due dates, specifically:

Spring Semester:

January 25 – 30% of the tuition and additional charges, as well as the enrollment fee

February 25 – 40% of the tuition and additional charges

March 25 – 30% of the tuition and additional charges

Summer Semester:

May 25 – 30% of the tuition and additional charges, plus the enrollment fee

June 25 – 40% of the tuition and additional charges

July 25 – 30% of the tuition and additional charges

Fall Semester:

August 25 – 30% of the tuition and additional charges, as well as the enrollment fee

September 25 – 40% of the tuition and additional charges

October 25 – 30% of the tuition and additional charges

If you do not make the payments by the due date of installment, you will be unable to register for any classes in future semesters and can not access any University services. Therefore, when you are planning to enroll into the Tuition Installment Plan, make sure that you could make the three installments on time as it is scheduled, otherwise, the delinquency will result in negative impact on you and your credit.

Note: This web site is not affiliated with or connected to Arizona State University. For accurate and professional information, go to Arizona State University official site.

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