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Deferred Payment Plan (3PAY) Terms

USIU-A offers the Deferred Payment Plan (3PAY) as an alternative to paying the fees by splitting the balance into convenient 3 monthly installments, with a 1.5% interest charge.

A plan will be assigned according to the designated enrollment period in which the application is received.

Deferred Payment Plan (3PAY) Teams and Conditions.

1. The payment plan will be assigned according to the designated enrollment period in which the application is received.

2. Students must be registered and all current balances and prior term balances must be paid in full at the time of application.

3. There is a 1.5% interest charged on the balance every month.

4. The Payment plan must be re-applied each semester.

5. Applications will be processed according to the enrollment period in which they are received. We reserve the right to assign a plan if an application is received outside the enrollment period for the plan indicated.

6. USIU-A reserves the right to calculate installments based on account balances at the time of application. It is the student’s responsibility to monitor their accounts and installment amounts.

7. Payment reminders will be sent electronically one week before each payment due date.

8. Payments are due the 7^th of each month: students who default the plan will have their plan canceled and full payment becomes due immediately and they will be denied use of this facility in future and be denied access to university’s facilities

9. Any additional account balance remaining after the final payment due date becomes due immediately per university policy.

10. Students with overdue debt over one year will be forwarded to external debt collectors for debt recovery at the student’s cost.

11. The University reserves the right to blacklist students with Credit Reference Bureau for non-payment of fees and charges.