Untitled Document
| The Office of Student Account Services has several payment options available to families. Some include the Monthly Payment Plan, the Tuition Stabilization Plan, and the Tuition Guarantee Plan. Below is a short description of each type of payment plan offered, more information about each plan can be found by following the appropriate link. |
| |
| Monthly Payment Plan |
| The Monthly Payment Plan (MPP) allows you to divide all or part of your annual educational expenses into ten convenient monthly payments. This plan is also offered for the fall or spring only as a five-month plan. MPP is a pay-as-you-go budgeting plan, instead of saving to make a single payment at the beginning of each semester. MPP participants may budget annual tuition, fees, on-campus housing, and meal plan expenses as a part of their regular monthly payments. Participants are billed in equal monthly installments once the contract has been e-signed and the first payment has been received. This process will transfer the balance owed in the student's account to the Monthly Payment Plan. A total minimum balance of at least $2,000 is required to participate in this plan. A non-refundable participation fee of 3% of the plan amount is charged and included in the monthly payments. |
| |
| Tuition Stabilization Plan |
| The University of Miami Tuition Stabilization Plan (TSP) allows you to pre-pay up to four years of tuition only at the current rate. The TSP relieves students of concerns relating to future tuition increases and may also offer substantial savings in future tuition expenses. This plan does not include mandatory fees or health insurance. |
| |
| Tuition Guarantee Plan |
| The Tuition Guarantee Plan is designed to be used by students who are (a) first semester freshman; (b) are enrolled in a degree-seeking four-year program on a full-time basis and (c) do not receive financial aid or scholarships with the exception of Bright Futures Scholarship and/or Florida Resident Access Grant. |
