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The Penn Monthly Budget Plan
About The Penn Monthly Budget Plan
 
Online enrollment for the 2014-15 academic year is now open
Remember: Your previous enrollment does not automatically roll over. You must re-enroll each year Undergraduate Cost of Attendance for 2014-2015
 
  • All Penn students are eligible to participate
  • Allows families to pay educational expenses over ten months (May and ends in February) with no interest
  • You determine the amount you want to budget
  • The plan is for the academic year and is not available for students enrolled in the summer courses
  • Can be used alone, or combined with other payment programs, to avoid large balances at the start of each semester
  • The Plan credits the student account bill with 50% of the budgeted amount in the Fall semester and the remaining 50% in the Spring semester
 
Budget Examples (10 monthly payments)
Annual Amount
Budgeted
Amount Needed
Each Term
Ten Monthly
Payments
$5,000 $2,500 $ 500
$10,000 $5,000 $1,000
$15,000 $7,500 $1,500
$20,000 $10,000 $2,000
 
 
 
Payment and Fee Schedule
Enrollment
Received/Recorded
Enrollment
Fee
Late
Enrollment
Fee
Monthly Payment (s)
Due with
Enrollment fee(s)
By May 5 $75.00 $0.00 None
Between May 6-May 31 $75.00 $0.00 May
Between June 1-June 30 $75.00 $0.00 May, and June
Between July 1-July 22 $75.00 $50.00 May, June and July
Between July 23-July 31 $75.00 $50.00 May, June, July and August
 
Additional Information
  About Penn.Pay
  Billing Contacts
  Billing Schedule
  Financing and Payment Plan Options
  How to Pay Your Bill
  Leave of Absence / Withdrawal Policy
  Line of Credit from SFS
  Refund Information
  Third Party Payments
  Wire Payments
 

 

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Penn Monthly Budget Plan
About
Download the Brochure
Enrollment Terms and Conditions
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