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  • Nelnet Payment Plan Details

Nelnet Payment Plan Details

There is a $25 enrollment fee per semester that you use the Nelnet Payment Plan.  Nelnet will charge a 2.65% Service Fee for all credit/debit card payments.

    Future payment plans will now include any prior balances as part of the payment plan total:

    • When completing the Payment Plan Budget Worksheet, include any prior balances so they can be incorporated into your initial payment plan total.
      • Note: Enrolling in a current payment plan for a prior semester balance does not guarantee the removal of your bursar hold. Schedule an appointment with a student payment adviser via BCAT to discuss your payment options. 
      • If you do not include your prior balance in the initial payment plan total, your payment plan balance will be recalculated (after the enrollment closing date) to include any prior balances.
      • Prior balances will be divided among your remaining installments.
      • Keep in mind that if your financial aid award has been removed for a prior semester, this balance will be included in your payment plan.
    • Any payment plan payments will be applied to the earliest balance first.
      • For example, if you are enrolled in a payment plan for the upcoming semester and also have an outstanding balance for a previous semester, any payment plan payments will first be applied to the previous semester balance(s) until it is fully covered. Subsequent payments will then be applied to your current balance.
    • If you have a past due balance (that is not in pre-collections or has not been transferred to a collections agency), you may have the ability to enroll in a payment plan, even if you are not enrolled for the current semester. However, any bursar holds will remain on the account until full balance is paid.
    • You will not be able to enroll in a payment plan for your prior balance if:
      • your balance is in pre-collections or has been transferred to a collections agency (you must submit payment to the appropriate collections agency). A BNP Service Indicator will appear on your account in this case.
      • you have been dismissed from the college (you may submit a one-time eCheck payment on your CUNYfirst account), or
      • you have successfully filed for graduation for a semester prior to the current semester's payment plan.
    • Important Changes to the Nelnet Payment Plan

     

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