Installment Payment Plan
Payment By Installments
The Installment Payment Plan application is now available online for the Fall and Spring semesters. The Installment plan is only for tuition and fees.
To qualify, a person must:
- Be a current student at UTB/TSC
- Be free of any outstanding financial balance with UTB/TSC
- Be registered for a minimum of three credit hours or more
- Pay a non-refundable fee of $22.50 for the installment plan ($7.50 per installment)
- Complete and sign Installment Plan Promissory Note
- Must have a minimum cumulative grade point average (GPA) of 2.0 and a minimum completion rate* of 70% or higher.
Once the student is qualified for the Installment Payment Plan, the student is required to pay for one-half (50 percent) of the tuition and fees and the non-refundable $22.50 no later than payment deadline. The remaining half will be equally divided in two payments due at later dates (see below for dates).
If a student selects the installment plan and then drops below the required three credit hours, the balance of tuition and fees becomes due in full. If a student selects the installment payment plan, and adds additional classes during the add/drop period, the plan will not be adjusted to accommodate added courses.
Late Installment Payments
For any late payments on installments, there is a five-day grace period after which a non-refundable late fee of $5.00 and a $25.00 reinstatement fee will be assessed, in addition to the installment payment amount due. In this instance, a student would be charged a total of $60.00 in addition to the installment payment amount.
Students who fail to fully pay tuition and fees, including any late charges are subject to one or more of the following actions, at the University's option:
- Prevent from re-admission to the institution
- Withholding of grades, degrees and official transcripts
- All penalties and actions authorized by law
Notes:
The Payment by Installment Plan is subject to change without notice or obligation in keeping with the policies and actions of The University of Texas System Board of Regents and in conforming with the laws of the State of Texas. The student is subject to pay tuition and fees, which are non-refundable upon complete withdrawal. The refund is based on tuition and fees - not on the amount paid by the student. If any questions, please contact the Business Office at (956) 882-7441 or (956) 882-8202.
Installment Plan is now available through Scorpion Online!
Click here to apply!
Fall 2009
Installment Plans available
Early registration: August 11 - August 19, 2009
Late registration: August 20 - August 28, 2009
Installment Plan payment deadlines:
1st installment: September 24
2nd installment: October 26
Visit the UTB/TSC Course Schedule for current Installment Payment Plan deadlines (if applicable) at http://www.utb.edu/vpia/publications/Pages/CourseSchedule.aspx
* Completion rate is determined by dividing number of semester credit hours (SCH) completed by the number of semester credit hours attempted.
SCH completed / SCH attempted = completion rate
Example:
A student completes 21 SCHs of the 24 SCHs attempted (21/24 = .875). The completion rate for this student is 87.5%