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SHEPHERD UNIVERSITY TUITION PAYMENT OPTIONS
These options are available to pay balances due for the fall and spring semesters; because summer semesters are short, these payment options are not available to pay summer invoices.
60/40 Payment Option:
The balance due for a fall or spring semester can be split into two payments. The first payment is due before classes begin. Due dates are established each semester; the deadline is generally the week before classes begin. The first payment amount is 60 percent of the balance due after subtracting any financial aid. This is the minimum amount due in order to ensure that your class schedule will not be dropped for non-payment. The remaining balance is due six weeks after classes begin. Again, due dates are established each semester.
When you receive the invoice, there will be a total amount due and a minimum amount due; simply pay the minimum amount due, which reflects 60 percent of the balance on the invoice. Another invoice will be sent after classes begin, informing you what the remaining amount is and when it is due.
Tuition Payment Plan option (administered by Sallie Mae):
This payment option is an installment plan; its name is Sallie Mae's TuitionPay Plan. We offer three plans:
These plans enable you to spread the cost of tuition across a longer period of time. The plans are interest-free; however, payment of an enrollment fee is required by Sallie Mae.
To enroll in the whole year plan you will need to prepare an estimated budget for both Fall and Spring of the student's tuition and if the student is on campus add room and board; these costs can be found on Shepherd's website. Then deduct any financial aid from the total cost for both semesters combined to arrive at the amount that the plan will pay; the plan is based on 10 payments over the course of the year. if you enroll after June 1st you will need to make two or more payments up front depending on when you enroll.
To enroll in either the Fall only or Spring only plans the process is the same as for the whole year plan except that the budget is based on only one semester; these plans are based on 5 payments over the course of a semester. If you enroll after Dec 1st you will need to make two or more payments up front depending on when you enroll.
Enrollment is done online by visiting the Sallie Mae TuitionPay website; use this link: https://tuitionpay.salliemae.com/shepherd.
For more information visit https://tuitionpay.salliemae.com/shepherd or if you need help with estimating a budget contact the Business Office at 304-876-5284 for assistance.