Payment Plans

Payment plans give families the option to budget each semester’s bill over a three or four month period with zero interest and no credit check. A nominal fee is charged at time of enrollment ($45.00 for three payments, $40.00 for four payments). Payments are automatically deducted from a checking/savings account or automatically charged to a credit card and may be scheduled for the 5th or the 20th of the month.

 

Payment Dates

Fall 2021

4 Payments
Payment Due Date Plan Enrollment Period Payment Months
5th of each month June 9 –
July 1, 2021
July, August,
September, October
20th of each month June 9 –
July 13, 2021
July, August,
September, October
3 Payments
Payment Due Date Plan Enrollment Period Payment Months
5th of each month July 20 –
August 3, 2021
August, September, October
20th of each month July 20 –
August 18, 2021
August,September, October

Spring 2022

4 Payments
Payment Due Date Plan Enrollment Period Payment Months
5th of each month November 29 –
December 3, 2021
December, January,
February, March
20th of each month November 29 –
December 17, 2021
December, January,
February, March
3 Payments
Payment Due Date Plan Enrollment Period Payment Months
5th of each month December 18, 2021 –
January 3, 2022
January, February, March
20th of each month December 18, 2021 –
January 18, 2022
January, February, March

Set up a Payment Plan

  1. In your myMiami student portal, under “My Bill and Aid”  select the “Make Payment” or “View Balance” button and you will be taken to the  Student Account Center  to view your balance and set up a payment plan. (Family members and authorized viewers can access their student's account information through the "Families" tab.)
  2. On your HOME screen, choose “Set up a Payment Plan”.  (Note: if you have Estimated Aid or other anticipated credits, please take note of your Account Balance on this page.)
  3. Select your payment plan option and payment plan billing preferences.
  4. 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". 
  5. 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.
  6. The following screens will require you to select the desired plan and due date. 
  7. Enter appropriate billing information for the Enrollment fee and complete the process. Your account will be debited monthly on the desired due date.
  8. 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'.

Make a Payment

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. In your myMiami student portal, under “My Bill and Aid” select the “Make Payment” or “View Balance” button and you will be taken to the Student Account Center to view your balance and set up a payment plan. (Family members and authorized viewers can access their student's account information through the "Families" tab.)
  2. On your Payment Plan and Billing page, choose “Make a Payment”.
  3. Choose “Payment Plan”
  4. 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).
  5. Select a payment method and complete the payment verification checkbox.
  6. Select "Submit". You will be taken to a payment confirmation screen and you will also receive an email confirmation of your transaction.

FAQ

Is there a charge?

Yes, a nominal fee is charged at time of enrollment ($45.00 for three payments, $40.00 for four 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. The plan can be increased or decreased up to 2 days prior to the due date.

What if I receive financial aid or my financial aid changes?

The total amount of financial aid that has been approved must be deducted before your plan amount is determined. The approved aid will be automatically deducted on the account summary. If you receive additional financial aid after making the first payment, simply access your "Account Summary" under  My Bill and Aid   in myMiami. Select the “Make Payment” or “View Balance” button and you will be taken to  your student account portal to view your balance and adjust your payment plan.

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 the withdrawal policies of Miami University.

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.