What is the Monthly Payment Plan?
Alfred State offers a Monthly Payment Plan (MPP) option through Nelnet to enable families to spread educational expenses for the semester into equal monthly payments and avoid additional borrowing. Please note Monthly Payment Plans are not available for non-matriculated students.
Enroll early each semester to take full advantage. You can enroll online when you process your bill at my.AlfredState.edu/finances. The Veteran Monthly Payment Plan is not available online. Please call at 607-587-4253 or email us for more information on this option.
This plan allows you to budget semester expenses including tuition, fees, campus housing, and meals into a down payment plus two additional payments.
Jun. 1 | Jul. 1
$35
Non Refundable Application Fee
33%
Down Payment Required
Please note that the $35 application fee and 33% down payment are due at the time of signing. The remaining balance is paid in two equal payments on their due dates.
This plan allows you to budget semester expenses including tuition, fees, campus housing, and meals into a down payment plus one additional payment.
Jul. 1
$35
Non Refundable Application Fee
50%
Down Payment Required
Please note that the $35 application fee and 50% down payment are due at the time of signing. The remaining balance is paid in one equal payment on its due date.
This plan allows you to budget semester expenses including tuition, fees, campus housing, and meals into a down payment plus four additional payments.
Sep. 1 | Oct. 1 | Nov. 1 | Dec. 1
$35
Non Refundable Application Fee
20%
Down Payment Required
Please note that the $35 application fee and 20% down payment are due at the time of signing. The remaining balance is paid in four equal payments on their due dates.
This plan allows you to budget semester expenses including tuition, fees, campus housing, and meals into a down payment plus three additional payments.
Oct. 1 | Nov. 1 | Dec. 1
$35
Non Refundable Application Fee
25%
Down Payment Required
Please note that the $35 application fee and 25% down payment are due at the time of signing. The remaining balance is paid in three equal payments on their due dates.
Take your balance due for the semester after financial aid has been applied, and add the $35 non-refundable application fee. This is your total balance.
The down payment is due when you set up the Monthly Payment Plan. Please refer to the schedules above to determine when your monthly payments are due.
