Really naive question regarding tuition payment schedule

thumper1
Wed, 30 Dec 2009 13:28:09 +0000

Some schools participate in a monthly payment program through an outside vendor (some may administer this themselves). Some schools do not, and you wlll get a bill per term.

Go to the bursars website section for your kids’ colleges and check there. It should give you the payment options.

Both of our kids went to schools that used a monthly payment option from one of these outside vendors. The cost to set it up per year was $50 or $60 but we found that paying monthly was a better way to manage our payments.

Edit…the two largest vendors are Tuition Pay and Tuition Management Services. You could google these to see if your kid’s school is listed. BUT caution as sometimes schools do drop or change vendors. We had been “members” of Tuition Pay" for 6 years when DD’s school switched to Tuition Management Services.

Our set up costs have never been $200 a year and we’ve been doing this since 2003.