Financial Services and Operations

Semester Payment Plans

Please review your Michigan Tech Student Bill on MyMichiganTech before making any payments, as the amount of the payment will be adjusted if changes are made to your schedule or housing arrangements, or if there is an adjustment to your financial aid award.

Rent payments are due according to your rent contract.

Financial Aid cannot be used to make all or part of any payment, this includes private loan checks. Payments are calculated according to the balance due (total charges less all financial aid). If you receive additional financial aid, please contact the Accounts Receivable Office so that your payments can be adjusted.

Future payment plans may be denied if the student defaults on their current plan. The student will be responsible for any collection costs associated with the collection of the account balance.

Fall/Spring Payment Plans

Fall/Spring Semester Five-Payment Option

This plan has a $35 enrollment fee with the first payment being one-fifth of your balance due and is due one month prior to the tuition billing due date. The remaining four payments will be due every four weeks thereafter. The contract will be on the Michigan Tech Student Bill available through MyMichiganTech and must be submitted to the Accounts Receivable Office by the date that the first payment is due. A separate contract must be submitted and approved for each semester that the student wishes to participate.

Note: If the first payment is not received on time, you will automatically be enrolled in the Four Payment Plan and charged the $50 enrollment fee (an additional $15).

Fall/Spring Semester Four-Payment Option

This plan has a $50 enrollment fee with the first payment being one-fourth of your balance due and is due on the tuition billing due date. The remaining three payments will be due every four weeks after that. The contract will be on the Michigan Tech Student Bill available through MyMichiganTech and must be submitted to the Accounts Receivable Office for approval by the semester billing due date. A separate contract must be submitted and approved for each semester that the student wishes to participate.

Summer Semester Three-Payment Plan

This plan has a $50 enrollment fee with the first payment being one-third of your balance due and is due on the tuition billing due date. The remaining two payments will be due every four weeks thereafter. The contract will be on the Michigan Tech Student Bill available through MyMichiganTech.

Summer 2018 Payment Dates
Date/Time Payment Number Payment Information
Wednesday, May 9
4 p.m. Eastern
First Payment

100% of any prior unpaid balance plus one-third (1/3) of the current semester's balance due (charges less financial aid). Payments made after 4pm on May 9 are subject to a non-refundable $50 late enrollment fee. If payment is not received by 4pm on May 16, the student's course schedule is dropped and payment must be processed before the student can reschedule classes.

Wednesday, June 6
4 p.m. Eastern
Second payment

One-half (1/2) of the current account balance. Please note this payment may be a different dollar amount than the first payment. Review your Michigan Tech Student Bill on MyMichiganTech prior to making this payment. If this or the subsequent payment is late or insufficient, a non-refundable $25 late fee will be assessed and a hold will be placed on the account preventing registration and receiving of grades, transcripts, or diploma until payment is made.

Thursday, July 5
4 p.m. Eastern
Final Payment

The remaining account balance in full. If this payment is late, the student's fall 2018 course schedule may be dropped and payment must be processed before the student can reschedule their fall 2018 courses.

Future Payment Plan Dates

 

Fall 2018 semester dates

First payment on five payment plan:
              Wednesday, August 1 by 4:00pm Eastern
Second payment on five payment plan OR
First payment on four payment plan:
              Wednesday, August 29 by 5:00pm Eastern*
Subsequent Payments:
              Wednesday, September 26 by 5:00pm Eastern
              Wednesday, October 24 by 5:00pm Eastern
              Wednesday, November 21 by 5:00pm Eastern

Spring 2019 semester dates

First payment on five payment plan:
              Wednesday, December 12 by 5:00pm Eastern
Second payment on five payment plan OR
First payment on four payment plan:
              Wednesday, January 9 by 5:00pm Eastern*
Subsequent Payments:
              Wednesday, February 6 by 5:00pm Eastern
              Wednesday, March 6 by 5:00pm Eastern
              Wednesday, April 3 by 5:00pm Eastern

Summer 2019 semester dates

First payment:        Wednesday, May 8 by 4:00pm Eastern
Second payment:   Wednesday, June 5 by 4:00pm Eastern
Third payment:       Wednesday, July 3 by 4:00pm Eastern

*Confirms enrollment for the semester