Payment Plan

2020-2021 PAYMENT PLAN AGREEMENT OF TERMS

As a student at Reformed Theological Seminary (RTS), I voluntarily agree to participate in the institution’s 3-installment Tuition Payment Plan (on a term-by-term basis) under the terms and conditions outlined below:

  1. I, the undersigned, understand and agree that I have freely enrolled in classes at RTS and am responsible for all tuition (less any scholarship assistance) and fees associated with those classes as posted on the RTS website.
  2. I, the undersigned, understand and agree that I am freely electing to pay the tuition costs for the classes in which I am enrolled for the Fall or Spring term on a 3-month payment plan (equal installments) and that this Agreement can be established for only one term at a time.
  3. I, the undersigned, understand and agree to make each of the 3 tuition installments on a timely basis to be received by RTS by no later than the 5th day of each month. Fall term tuition payments are due the months of September, October, and November. Spring term tuition payments are due February, March, and April.
  4. I, the undersigned, understand and agree that a fee of 1% per month (12% annual) will be charged to my account based on the outstanding balance at the end of each month.
  5. I, the undersigned, understand and agree that I will not be permitted to register for a new term, graduate, or receive transcripts unless all my financial obligations to the seminary have been settled by the end of the applicable term. I understand and agree that withdrawal from RTS does not release me from this Payment Plan obligation. In agreement with the above terms
  6. I, the undersigned, understand that payment plans are only available for Spring and Fall terms and that Winter and Summer must be paid at the time of registration.

NOTE: Each agreement must be submitted NO LATER THAN ONE WEEK AFTER CLASSES BEGIN for the applicable term. All payments can be made online through Self-Service. Students that start a month or more after the term for which the payment plan is needed begins will not qualify for the payment plan option. The payment plan request deadlines are February 15th for spring and August 30th for Fall.

Payment plans cannot be used on past due terms- such as a term you have already completed but is unpaid.

For questions, please call the Institutional Billing Office at 1-877-923-1717.

 

Payment Plan for Tuition Application