Payment Plans

Miami University’s payment plans give families the option to budget each semester’s bill into monthly installments with zero interest and no credit check. Payments can be automatically deducted from a checking/savings account or automatically charged to a credit card. 

*Please note: Funds could be held one day before the due date in anticipation of the upcoming ACH. 

Plan Options

Fall 2023

4-Payment Plan
Payment Due Date Plan Enrollment Period Payment Months Required Down Payment Enrollment Fee
15th of each month June 5 –
July 13, 2023		 July, August,
September, October		 None $40
30th of each month June 5 –
July 27, 2023		 July, August,
September, October		 None $40
3-Payment Plan + Down Payment
Payment Due Date Plan Enrollment Period Payment Months Required Down Payment Enrollment Fee
20th of each month July 28 –
August 10, 2023		 August, September, October 25% of balance due at enrollment $45
2-Payment Plan + Down Payment
Payment Due Date Plan Enrollment Period Payment Months Required Down Payment Enrollment Fee
20th of each month August 11 –
August 30, 2023		 September, October 33% of balance due at enrollment $45

Spring 2024

4-Payment Plan
Payment Due Date Plan Enrollment Period Payment Months Required Down Payment Enrollment Fee
15th of each month November 29 –
December 13, 2023		 December, January, February, March None $40
30th of each month November 29 –
December 13, 2023		 December, January, February, March None $40
3-Payment Plan + Down Payment
Payment Due Date Plan Enrollment Period Payment Months Required Down Payment Enrollment Fee
20th of each month December 29, 2023 –
January 10, 2024		 January, February, March 25% of balance due at enrollment $45
2-Payment Plan + Down Payment
Payment Due Date Plan Enrollment Period Payment Months Required Down Payment Enrollment Fee
20th of each month January 11 –
January 30, 2024		 February, March 33% of balance due at enrollment $45

 Set up a Payment Plan

  1. From the Student Account Center portal’s summary screen, choose “Set up a Payment Plan.”
    • Please note that each plan has a specific enrollment period.
  2. Select your payment plan billing preferences.
  3. Read the terms and conditions of the payment plan and select the checkbox next to “I have read and accept the terms and conditions of this payment plan” and select “Authorize.”
  4. Your “Amount Due” will prefill. You can adjust this amount if you are anticipating Financial Aid or other credits to pay directly to your account before the due date. Select “Next.”
  5. The following screens will require you to complete your selection and due date. 
  6. Enter appropriate billing information for the enrollment fee and complete the process. Your account will be debited monthly on the due date.
  7. The payment plan may be adjusted at any time by logging in to the student’s account, choosing “ACTIONS” under the current plan, and selecting “Adjust Balance.”

Domestic Payment Plans

Since all payment plan payments are automatically deducted from your checking, savings or credit card account, you will not be required to log in and make a payment. However, if you would like to pay ahead you can access your payment plan and make a payment.

  1. From the Student Account Center portal's summary screen, choose “Set up a Payment Plan.”
  2. Choose “Payment Plan.”
  3. Choose the appropriate plan payment or a different payment option. This would include paying the full balance and/or an amount different than the set installments.
  4. Select a payment method and complete the payment verification checkbox.
  5. Select “Submit.” You will be taken to a payment confirmation screen and you will also receive an email confirmation of your transaction.

International Payment Plans

Payments are due on the 10th of each month.

  1. Log into the International Payment Portal.
  2. Select the “Payment Plan” tab and complete the plan set up.
  3. Activate your plan and initiate payment.
  4. You will be advised before each installment to initiate the next month's payment.

FAQ

Is there a charge?

Yes, a fee is charged at time of enrollment ($40.00 for four payments; $45.00 for three or two payments) and will be reflected on your account when you make your first payment.

How is the payment plan amount determined?

The payment installments are based on your semester expenses. You can specify the plan amount. This is typically the amount of your semester balance less any anticipated financial aid or other credits.

What if my balance changes after I enroll in a payment plan?

If your balance changes after you’ve enrolled in a payment plan, log into the Student Account Center to view your balance and adjust your payment plan. The plan can be increased or decreased up to two business days before the installment due date.

I no longer need a payment plan because I have received additional funding. Will my plan be automatically canceled?

No. To avoid automatic withdrawal of funds, you must terminate the plan at least two business days before the date of your next scheduled payment.

What if I withdraw?

The date you officially withdraw from the University determines your tuition or fee reduction. You are still responsible for paying the remaining balance upon withdrawal in accordance with Miami’s withdrawal policies.

Can I use 529 Funds to enroll in a payment plan?

529 funds sent directly to the University cannot be used for monthly payment plans. If you wish to enroll in a payment plan, please check with your 529 Provider to have funds sent directly to the account used for your payment plan account.