Penn Monthly Budget Plan

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The Penn Monthly Budget Plan

About The Penn Monthly Budget Plan

Enrollment for 2013-2014 is now open.
The recommended deadline is May 22

Remember: Re-enrollment is required each Academic Year. Your information will not roll over from 2012/2013

Plan Features

Allows families to pay educational expenses over ten months (February through May) with no interest
You determine the amount you want to budget
Is an academic year plan for fall and spring semesters. The plan is not available for one semester only or summer sessions
Can be used alone, or combined with other payment programs, to avoid large balances at the start of each semester
Funds are disbursed to your student account twice a year in time for your term bill
Open to all Penn students

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

Important Tips

Payments to the PMBP does not insure that your student account bill is paid in full.
The Penn Monthly Budget Plan is a payment plan, separate from your student bill.
See how your Penn Monthly Budget Plan payments are credited to your bill each term
Please check the Payment and Fee Schedule below if you are enrolling after May 22.

To Enroll:

Enroll online via the web https://www.aeswebaccess.com/aes/upenn/welcome.asp?SCode=UPenn0927

OR
Print an Enrollment Form and/or Automated Direct Payment Option Enrollment Form and mail to:

University of Pennsylvania
Penn Monthly Budget Plan
Room 221A Franklin Building
3451 Walnut Street.
Philadelphia, PA 19104-6270

Payment and Fee Schedule
Enrollment Received/Recorded	Enrollment Fee	Late Enrollment Fee	Monthly Payment (s) Due with Enrollment fee(s)
By April 30	$75.00	$0.00	None
Between May 1-May 22	$75.00	$0.00	May
Between May 23-June 24	$75.00	$50.00	May, and June
Between June 25-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