Financial Aid
Payment Plan
For students with a remaining balance after financial aid is applied, ÐÔ°®ÊÓÆµ offers a monthly payment plan that allows you to spread your out-of-pocket costs over the term.
This plan is not a loan. There is no interest and no credit check required.
A payment plan can help reduce the need for additional borrowing by allowing you to pay your balance in smaller, scheduled payments.
How the Payment Plan Works
- Available after federal and/or private financial aid has been applied
- Covers any remaining out-of-pocket balance for the term
- Payment plan length is determined by your program and term length. Each term, one plan is available to you – either 2, 3, or 4 installments – based on your enrollment
- The first installment amount and a $50 payment plan fee are required at sign-up to activate your plan
- Remaining installments can be automatically scheduled if you enroll in autopay
- Payment plans are self-serve and easy to set up each term
Payment Schedule
- First installment: A percentage of your outstanding balance based on plan length, plus the $50 payment plan fee
- 2-installment plan: 50% of your outstanding balance
- 3-installment plan: 33.3% of your outstanding balance
- 4-installment plan: 25% of your outstanding balance
- Remaining Payments: depending on your program and term length
- Due dates vary by plan and may not follow a standard monthly schedule. See example plans below
Summer 2026 Payment Plan Important Dates
| Payment Plan | Eligible Students | # of Payments | Plan Closes | Payment Due Dates |
| Standard | All programs excluding BSHS, HEC, MSMS Hybrid, and Reiss Davis | 4 | 5/15 | 5/15, 6/15, 7/15, 8/15 |
| BSHS & HEC (4 installments) | BSHS & HEC students | 4 | 5/15 | 5/15, 6/15, 7/15, 8/15 |
| BSHS & HEC (2 installments) | New BSHS & HEC students starting in Subterm BÂ only | 2 | 6/28 | 6/28, 7/28 |
| MSMS Hybrid | MSMS Hybrid students | 2 | 5/29 | 5/29, 6/11 |
| Reiss Davis | Reiss Davis students | 3 | 5/22 | 5/22, 6/13, 7/5 |
Fees and Payment Methods
| Fee Type | Amount |
| Plan Setup Fee | $50 (due at sign-up) |
| Late Payment Fee | $15 per missed payment |
| Credit Card Fee | 2.95% per transaction |
| ACH (Bank Transfer) | No fee |
Important Details
- There is no minimum or maximum balance required to enroll
- If you enroll in autopay, your payments are processed automatically using your selected payment method; otherwise, you must make payments manually for each installment due
- The plan applies to a single academic term and must be re-established each term
- Missed payments may result in additional fees and impact your account standing
Is a Payment Plan Right for You?
A payment plan may be a good option if:
- You have a remaining balance after financial aid
- You want to limit additional borrowing
- You can manage consistent monthly payments throughout the term
Next Steps
- Review Your Financial Aid (Financial Aid Office)
Confirm your federal and/or private loans are finalized and applied to your account. This ensures your remaining out-of-pocket balance is accurate. - Verify Your Balance (Student Accounts)
Log into your student account to review your current term balance after financial aid has been applied. - Enroll in the Payment Plan (Student Accounts)
If you have a remaining balance, enroll in the payment plan and submit your initial payment at sign-up. Your remaining payments will be scheduled automatically.
How ÐÔ°®ÊÓÆµ Supports You
ÐÔ°®ÊÓÆµâ€™s Office of Student Accounts is available to help you:
- Understand your payment plan
- Review your total borrowing
- Discuss repayment scenarios based on your program and needs
We strongly encourage you to speak with a Financial Aid Counselor before finalizing your borrowing decisions.
Phone: 562-947-8755, Option #2, then Option #2
Email: StudentAccounts@scuhs.edu
Hours: Monday to Friday, 8 AM to 5 PM PT