Tuition Payment Plan
GRCC offers a plan to help make it easier for students to budget and pay for tuition.
Here's how it works
GRCC is working with FACTS Nelnet Business Solutions Management Company of Lincoln, Nebraska, to offer you a tuition payment plan! FACTS Nelnet Business Solutions manages the payment plan by collecting tuition payments for GRCC. It’s a way to help you pay your educational expenses.
Features
- The plan is run semester-by-semester.
- Your payments are automatically deducted from your bank account or an American Express, MasterCard, or DiscoverCard
- There's no coupon books or billing statements.
- There's no time spent writing and mailing checks.
- You can view your account online through FACTS Nelnet Business Solutions' Web site http://www.FACTS Nelnet Business Solutionsmgt.com/
How to enroll
Contact the GRCC Cashier's Office for an application if you'd like to enroll in the program and have your payments deducted through your financial institution.
Go to your Student Online Center to complete your transaction on-line.
More details
- The minimum amount that can be budgeted through the plan is $30.
- Payments are deducted on the fifth of the month for both automatic bank and credit card payments.
- A $30 non-refundable fee to participate is required each semester you're on the payment plan.
- The amount of your down payment is determined by the date you sign up.
- You get two more tries after a payment is missed. If on the third try, there isn't enough money in your bank account or your charge card has reached its limit, FACTS Nelnet Business Solutions will notify GRCC, which then has the option of canceling your classes (the bill will remain due).
- Sorry, but you cannot use the payment plan for books.
- If you drop, add a class or your financial aid is disbursed, you must notify the Cashier's Office so that an adjustment can be made to your payment plan.
- If you default on your payment plan, you will not be able to participate for one year from the time you pay off your plan.
About automatic bank payments
If the money in your account is not there when the deduction is made, you will be assessed a $25 missed payment fee by FACTS Nelnet Business Solutions. Your financial institution may also charge an additional fee.
About credit card payments
A convenience fee is charged each month when you use the credit card option for payment. There is also a missed payment fee for credit cards if the card has reached its limit when the monthly tuition payment is due.
This worksheet might help you
(Print Worksheet)
- Determine all your education expenses (not books and personal expenses).
- Deduct any credits, payments you’ve made, and the required down payment.
- The balance is the amount due GRCC.
| Expenses: | |||
|
__________ __________ |
||
| Total Expenses | __________ | ||
| Credits: | |||
|
__________ __________ __________ __________ __________ |
||
| Total Credits | __________ | ||
| Balance Due | __________ | ||
| Down payment or direct payments to GRCC | __________ | ||
| Amount to be budget through FACTS Nelnet Business Solutions: | __________ |
Questions?
Contact the GRCC Cashier's Office at 616-234-4020, or visit the FACTS Nelnet Business Solutions Web site at http://www.factsmgt.com/
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Updated on 06-NOV-09
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