Monthly Payment Plan

If you plan to use your savings and/or current income to cover all or part of your educational expenses, the Interest-Free Monthly Payment Option offered through Tuition Management Systems helps by providing more manageable cash flow and greater budget flexibility. Instead of lump-sum payments, the TMS Plan allows you to pay all or part of your education expenses in manageable monthly installments. You may use the TMS plan to pay the balance after financial aid or in combination with other loans. By enrolling in the TMS Monthly Payment Plan, the student account will receive a credit each semester representing ½ of the full amount of your contract. We will credit the student account in advance of your making all of your payments to TMS. Although Student Financial Services can provide assistance, you are responsible for determining the contract amount. TMS is not responsible for this decision and will make changes only upon your request. The toll free number is 800-722-4867 (if calling from outside of the United States, please use 401-849-1550) or you may visit their website at www.afford.com

Student Financial Services
Created: September 9, 2007
Modified: September 12, 2007