Monthly Payment Plan FAQs

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How does the Payment Plan work?
The NC State Payment Plan administered by Tuition Management Systems (TMS), enables students and their families to make interest-free monthly installments to pay each semester's tuition and expenses.

You determine how much you need to budget for tuition, housing, dining, etc. in ten (annual plan) or five (semester plan) installments. Your monthly payments are then applied to your charges.

Both Undergraduate and Graduate students are eligible to use the Tuition Management Systems (TMS) Payment Plan to finance their tuition expenses. Any further questions may be directed to a TMS Education Payment Counselor at 1-800-722-4867.
Is there any cost to the Plan?
Yes. You can enroll for the Annual plan and spread your estimated costs for both Fall and Spring terms over a ten-month period for a fee of $60, or you can enroll for a single regular term (Fall or Spring) and spread payments over a five-month period for $45. No interest is charged for deferring payments under the plan.
How do I estimate my costs and develop a payment plan budget?
Estimated costs of attendance for the 2014-2015 school year are shown at: http://www7.acs.ncsu.edu/financial_aid/cost.html. The Payment Plan can only be used for those expenses that will be included on the student’s bill. Those expenses include tuition and fees, meals and room charges. You would estimate the tuition, room and board based on the student residence classification and number of hours enrolled, reduce that amount by the amount of financial aid the student will receive, if any, and the amount that will be paid by the student directly. The remainder will be the amount to be spread over the period of the Payment Plan. The counselors at TMS will be glad to help you develop an estimate based on your particular circumstances. Give them a call at (800) 356-8329.
Due to changes in circumstances, my Budgeted Payments do not equal the amount I will owe the University for the semester. What do I do?
You would work with TMS to adjust your payments to equal your most recent estimate of the total costs for the semester. If you will owe more than your original estimate, you can pay the additional amount in a lump sum directly to the University and leave your monthly payments the same, or you can increase your payments to equal the total cost you expect to incur for the semester. If your payments will total more than your actual costs, you may be able to reduce your monthly payment amount. TMS and NC State will work closely with you to make sure you have all the information you need to make an informed decision.
I made my payment at TMS, why doesn't it appear on my student aaccount?
Payments are forwarded from TMS to the university about twice a month and are applied to your account when funds are received by the university. As long as the payment is showing up on your TMS plan, your account is considered current.
I have an existing balance due to the University. Can I include this in my payments?
No. If you have an existing balance due the University, you must pay that balance in full before you can enroll in the Payment Plan for a subsequent semester.
Can I use the Plan for summer sessions as well?
No. The Plan is for regular terms only.
When is the last day to enroll?
Initial payments for the Spring 2015 semester will be due November 1, 2014. Students may sign up as late as January 8, 2015 for the Spring 2015 semester. To sign up for a payment plan with TMS, please call 1-800-356-8329.
Are there other payment alternatives offered?
No. Not at this time.
What happens if I withdraw from the University?
If you withdraw from the University (drop all your classes) or change your course load, you may be entitled to an adjustment of the amount you owe, based on the change you made and the date you made the change. See the Refund Policy or the Cashier’s web page at: http://www.fis.ncsu.edu/cashier/refunds/withdraw.asp.  If the amount of your payments made under the Payment Plan exceeds the amount you owe, you will receive a refund.
What happens if I can’t make my payments?
Failure to complete your obligation under the Payment Plan means that you have not paid the amounts owed the University. Unpaid amounts may result in a hold being placed on your account, not being allowed to register, or cancellation of schedule. In addition, you may be subject to interest charges on any unpaid balance in addition to any other action that may be taken in the normal course of the semester. If an account remains unpaid, the University will submit the account for collection in accordance with State guidelines.
How do I sign up?
To enroll, contact Tuition Management Systems (TMS) at (800) 356-8329 or on the web at https://ncsu.afford.com/.