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Tuition Payment Plan.
All fees and charges are due two weeks prior to the beginning of the semester in which the student is enrolled. Students may not register until their accounts are paid in full or satisfactory alternative arrangements are made with the Business Office.  

Students who have outside scholarships or loans not already credited to their accounts by the day of registration must have written confirmation from the source of the aid if the scholarship or loan is to be considered in computing the net amount due.

The NBS ( Nelnet Business Solutions)  Tuition Payment Plan - formerly FACTS

To help you meet your educational expenses, Monmouth College is pleased to offer NBS as a convenient budget plan. NBS is a tuition management plan that provides you with a low cost option for budgeting tuition and other educational expenses.

Screen Shot of FACTS web site.

Click above to
enter NBS website.

It is not a loan program; therefore, you have no debt, there are no interest or finance charges assessed and there is no credit check. The only cost to budget monthly payments through NBS is a $35.00 per semester or $50.00 per academic year non-refundable enrollment fee. The enrollment fee is automatically deducted within 14 days of the day the agreement is posted to the NBS system.

Check out the online application:

NBS Tuition Payment Plan 

How NBS Works

Using NBS is simple. You may enroll online. Information for enrolling online is provided below. You may budget your tuition and fees one of two ways:

Automatic Bank Payment (ACH)
ACH payments are those payments you have authorized NBS to process directly with your financial institution. It is simply a bank-to-bank transfer of funds that you have pre-approved for your expenses at Monmouth College. Payments may be made from either your checking or savings account. Payments are processed on the 5th or the 20th of each month and will continue through April of 2009.

Credit Card Option
Many payers have requested the option of charging their monthly tuition payment to their credit card. This enables you to take advantage of various bonus programs, like frequent flyer miles, offered by your credit card company. If you elect to use this option, your monthly payment along with a convenience fee will be automatically charged to the credit card you designate. The convenience fee is in addition to the non-fundable enrollment fee. Payments will be charged on the 5th or the 20th of each month until the balance is paid in full. If you wish to use this option you may enroll by registering online through e-Cashier. Credit card payments are processed by American Card Services, Inc.

NOTE

Should an ACH or credit card payment be missed, a $25 missed payment fee will be automatically assessed to your account. You will be notified by NBS of the missed payment via mail or email.

 

Avoid the line...pay online.

Enrolling online is simple, secure and easy. Connect to the NBS e-Cashier web site through this web page. Click on:

NBS Tuition Payment Plan

The payment plan can accommodate down payments and monthly payment. Once you are in e-Cashier, review all information and refer to the menu bar at the top for additional answers to questions you may have.

After you have reviewed all information, scroll down and select the "Proceed" button. After you have accepted the Terms and Conditions and submitted your agreement, you will receive an immediate email (if your email address was provided). This email will confirm receipt of your enrollment through NBS e-Cashier.

Down/Full Payment

Please remember, once you have submitted your NBS agreement online, any down payment or full payment is deducted immediately. A $2.00 NBS non-refundable enrollment fee will be assessed for full payment.

 

Completing the NBS Agreement

When you enroll online, be sure you have the following information:

  • Your student ID, as assigned by Monmouth College.
     
  • The name, address and email address of the person responsible for making the payments.
     
  • Account information for the responsible person.
     
  • If paying by automatic bank payments you will need the bank name, telephone number, account number, and the bank routing number. Most of this information is located on your check. If enrolling via the paper agreement process, you will need to attach a voided check.
     
  • If paying by credit card, you will need the credit card number and expiration date.

1. Complete the budget worksheet. If you have been awarded financial aid, make sure this has been accounted for by either you or the college.

2. To complete the three part NBS Agreement Form:

Institution Information
Enter student's name, Monmouth College ID number and phone number.

Personal Information
Enter the name, address, and phone numbers for the person responsible for paying the tuition.

Bank Information
If paying through your checking or savings account, complete the Section 3 part of the three part agreement form. Remember to include a voided check or savings deposit slip and all bank information requested. Be sure to indicate checking or savings account.

3. Payment terms will be verified by Monmouth College. This will be the total amount you wish to budget and the number of payments. The total of each payment is determined by dividing the amount to be budgeted through NBS by the number of payments.

4. Attach a voided check or savings deposit slip to the NBS Agreement Form at the upper left corner. The student and the person responsible for paying the tuition must then sign the agreement form and return the form to Monmouth College Business Office. Monmouth College will then forward the form to NBS for processing, and NBS will confirm your arrangement by mail.

Payment Schedule

Annual Plan 2008 - 2009
Payment Date: 5th of each month

Number of Payments Down Payment Deadline for Paper Agreement OR Last day to Submit Online
12 May-Apr None April 11 April 22
11 June-Apr None May 11 May 22
10 July-Apr None June 9 June 23
9 Aug-Apr 10% July 11 July 23
8 Sept-Apr 20% Aug 10 Aug 22


Annual Plan 2008 - 2009
Payment Date: 20th of each month
 

Number of Payments Down Payment Deadline for Paper Agreement OR Last day to Submit Online
12 May-Apr None April 25 May 7
11 June-Apr None May 24 June 9
10 July-Apr None June 23 July 8
9 Aug-Apr 10% July 27 Aug 7
8 Sept-Apr 20% Aug 24 Sept 4

 
Spring Only 2009
Payment Date: 5th of each month

Number of Payments Down Payment Deadline for Paper Agreement OR Last day to Submit Online
4 Jan-Apr 20% Dec 11 Dec 19
3 Feb-Apr 25% Jan 9 Jan 23


Spring Only 2009
Payment Date: 20th of each month

Number of Payments Down Payment Deadline for Paper Agreement OR Last day to Submit Online
4 Jan-Apr 20% Dec 24 Jan 6
3 Feb-Apr 25% Jan 28 Feb 6

 

Questions

If you have questions about your agreement with NBS, please call either the Monmouth College Business Office at (309) 457-2124, or NBS at (800) 609-8056.

 

Important

Call NBS at (800) 609-8056 to make any changes to your address, phone, or banking information. If you have questions regarding your NBS agreement please contact NBS directly or go to "My NBS Account" to review your agreement online. Please remember to access "My NBS Account," the instructions are located in your confirmation letter or email. If you have questions regarding your financial aid award or tuition balance, please call Monmouth College at (309) 457-2124.
 

Budget Worksheet

The following budget worksheet is to be used as a guide to determine your college expenses and credits. When enrolling through e-Cashier use the "Budget Worksheet" provided online. Determine the total of your tuition and fees. Deduct any authorized financial aid. The balance is the amount due to Monmouth College. This is the amount you may budget through NBS.

Expenses:
Tuition $________
Room & Board $________
Other (Health Insurance, Vehicle Registration, etc.)
$________
Total Expenses

$________
Credits:
Scholarships $________
Grants $________
Loans Anticipated, less loan processing fees $________
Other Financial Aid $________
Down payment or Direct Payments to MC
$________
Total Credits:
$________
Balance Due
$________
Amount to be budgeted
through NBS
$________

Payments that are missed will be automatically reattempted. Any interest earned on all funds held in custody by NBS is payable to NBS. Missed payment fees are payable to NBS. Your financial institution may also assess a fee. NBS enrollment and missed payment fees are subject to change in future academic years or semesters, unless otherwise agreed by NBS and Monmouth College.

If you select automatic bank payments, please complete all sections of the NBS Agreement Form. Enter the amount to be budgeted in Section 4 of the agreement form and divide by the appropriate number of months.

Return the agreement form to Monmouth College, Business Office, 700 East Broadway, Monmouth, IL 61462. If you have any questions, please call the Business Office at (309) 457-2124.

Check out the online application: NBS Tuition Payment Plan
 

To receive the NBS information brochure, please complete the following form. We will send you the NBS information through the mail. 

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