Payment Plan Information

General Information

The Catholic University of America is pleased to offer students the flexibility of a monthly payment option.  The university is currently in the process of changing payment plan providers and will have information available in late April 2021 on our payment plan option for summer 2021, as well as the payment plan options for the upcoming academic year, 

The optional monthly payment plan allows students to pay their balance to the university in monthly payments spread throughout the term instead of in full at the start of each semester. The opportunity to make smaller payments on a monthly basis allows many students and families to minimize the amount they need to borrow in student loans.

Students may select from a 4 or 5 month plan for the Fall or Spring semester and a 3 month plan for the Summer term.

The payment plan is interest-free; the only cost to participate is an enrollment fee paid to the payment plan provider

Estimating Your Payment Plan Budget

To estimate your monthly payments if you elect to enroll in the payment plan, start by calculating your total education expenses for the upcoming semester (tuition and fees are located here) and then deduct any anticipated payments from other sources (loans, grants, scholarships, etc.). The resulting figure is your out-of-pocket balance for the semester. This balance should then be divided into the number of monthly payments of the plan you choose.

When setting up your payment plan budget, remember not to include work-study awards as an anticipated payment. Work study funds do not disburse to student accounts and are, instead, paid directly to the student through Catholic University's Payroll Office.

Keep in mind that your estimated education expenses may differ from the actual charges that bill to your Catholic University account. Your Catholic University account may also incur charges throughout the term that you do not estimate at the time of your payment plan enrollment (additional dining dollars, Student Health Services charges, etc.). For these reasons, it is very important that you review any Catholic University billing statements to ensure that your budgeted payment plan payments are sufficient to cover your balance with the university.

Billing and Payment

Students enrolled in the payment plan option will be billed for the payment amount budgeted with that service. Full and up-to-date payment of the amount billed by the payment plan does not necessarily mean that the student's Catholic University account is paid in full. Students should continue to review their Catholic University account statements to ensure that their budgeted payment plan payments are sufficient to cover their balance with the university.

Catholic University account statements are available for viewing in Cardinal Pay; notification of new statements is emailed to both students and their Authorized Payers.

Students enrolled in the payment plan option should follow the below guidelines when reviewing their Catholic University account statements.

If the Catholic University statement indicates a balance due, the amount budgeted through the payment plan is not sufficient to cover the balance due for the term. The "Amount Due This Invoice" figure on the Catholic University statement is the portion of the balance not covered by the payment plan budget. This balance is subject to penalties on unpaid balances, including late fees, interest assessment, and service holds.

If the Catholic University statements indicate a zero balance due, the amount budgeted through the payment plan is on target to cover the balance due for the term. Continue to make any remaining scheduled payments on the payment plan.

If the Catholic University statement indicates a negative balance due, the amount budgeted through the payment plan is in excess of the balance due for the term.

Enrollment

Enrollment in the monthly payment plan option is fast and easy. Your only cost is an enrollment fee.

Instructions for how to enroll in a payment plan for the summer 2021 semester, as well as for the upcoming academic year, will be posted here in late April 2021.