Illinois Institute of Technology - Bursar's Office

IIT Three Month Plan

Fall 2008

IIT offers a convenient and easy way to pay your out-of-pocket tuition cost for each academic year. The IIT Three Month Plan enables current part-time students to pay their tuition and account balances for the fall term in three equal monthly installments. Payments can be made in person at the cashier's office, online by credit card or by registering for Automatic Monthly Credit Card Deductions. The Three Month Plan may only be used to cover current tuition account balances that will not be covered in full by scholarships, loans, or other types of financial assistance. A $35.00 non-refundable payment plan fee will be added to your tuition account and included in your monthly payment breakdown.

Please Note:

The deadline for applications is September 5, 2008

Payments are due on the 1st of each month

There will be a $25.00 late fee assessed to your account for each month in which payment is received after the 5th day of the month

Failure to make two consecutive payments will result in your payment plan being terminated

For questions regarding the payment plan please contact Tamara Posley via email or at 312-567-3321.

General Guidelines for Calculating Your Monthly Amount

To calculate your monthly payments, please enter your figuires in the appropriate boxes provided below.

Current tuition and fees are listed here.

	Fall 2008
Tuition Charges	$
Room & Board	$
Health Insurance	$
Activity Fee	$
Plan Fee (nonrefundable)	$
Misc. Charges	$
Previous Payments	$
Anticipated Financial Aid	$

Total Amount Owed	$
Monthly Payment	$

Enrolling in the Plan

You may apply for the Three Month Plan by submitting the completed form below. You may enroll by fax or mail by printing the enrollment form here.

Student Name (First Last):
Campus ID# (123-45-678):
Career Level:
Enrolled Hours:
Campus:
Student E-Mail:
Academic Year:
Monthly Amount:	$

Statement of responsibility I am aware that as a monthly payment plan participant, I will not receive monthly invoice statements. I understand that it is my responsibility to make my payments on time, and that a late payment penalty fee of $25 will be assessed to my account each month in which my payment is late.
I understand:
Date (MM-DD-YYYY):

Methods of Payment

By mail

The mailing address for payments is:

IIT Three Month Plan
3300 South Federal St.
Main Building, Room 207
Chicago, IL 60616

Be sure to include the student's name and CWID# on the front of the check.

Online

To make a payment online with a valid credit card, please click here. All online payments must be received by the due date.

Automatic Monthly Deduction

Students and parents are able to authorize automatic deductions for the monthly amount from a valid credit card. Simply complete the Automatic Credit Card Monthly Deduction form, print it, and then fax or mail it to the Bursar's Office. Your card will be automatically charged the monthly payment amount for the remaining months of the payment plan. The students tuition account will be assessed a $25 late payment penalty for declined credit card transactions. The automatic credit card authorization may be canceled 10 business days prior to a payment due date.