<p>IS this a reputable website? supposedly it is affliated with sallie mae but i found it bizarre that you don’t pay any fees/interest. Has anyone used them before?</p>
<p>Try calling that 800 number under FAQs. I dont know, but it doesn’t really <em>seem</em> like a scam.</p>
<p>Tuition Pay is a legitimate program from Sallie Mae…just make sure you read all of the fine print. It isn’t a loan…that is why you do not pay interest.</p>
<p>From the FAQs, it is only available to participating schools, and you must pay an unspecified “low annual non-refundable enrollment fee” – my guess is that the fee may not be all that “low”. The site says the fees vary by school.</p>
<p>We use Tuition Pay for both of our college students. It is a monthly payment plan for college costs. Instead of paying by the semester, you send the money to Tuition Pay and they disperse it to the university. We found that it was a good way for us to budget and allocate our monies. There is a low annual fee. We do automatic withdrawal from a bank account monthly. In fact, come to think of it…it’s about time to renew for DD for next year.</p>
<p>The fee is $50. Tuition Pay was a life saver for me last year. 10 equal installments, with automatic deductions from either a checking or savings account on the first of the month (no credit card billings).</p>
<p>thank you very much everyone. the website was in the letter i got from the fin aid office at my school. but seeing the number of scams there are especially online, i wanted to double check.</p>
<p>Typcally, if you receive the information from your schools FA Office, you can pretty much be assured it is legitimate. FA Offices take great care, even before all these recent microscopic reviews of FA Offices and Lender Practices, to ensure that students are routed towards legitimate offers by reputable lending agencies. Reason: Not only is it a good move for the students (happy students ensure free word-of-mouth advertising), but it is also beneficial for the school. If students are routed towards shady lenders, they are more apt to default on loans or fail to pay their tuition…which means the schools default rating increases and causes severe problems for the school. We examine the “facts” offered by these types of lenders with great care before we recommend it to any student.</p>