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MONTHLY PAYMENT PLAN
The convenience of paying school expenses
on a monthly basis is an attractive option for many families. Longwood
University provides an opportunity for parents and students to pay
educational expenses in four interest-free installments per semester. The
plan is available to any student for the fall and/or spring semesters with
the exception of study abroad students.
NOTE: PAYMENT PLAN ENROLLMENT IS PER SEMESTER for fall and
spring. The payment plan is not available for summer semesters.
Enrollment for the fall payment plan will open on line mid-July.
Enrollment for the spring plan will open on line mid to late November. Payments for the fall semester are due on
the 1st of each month from August through November. Payments for the spring
semester are due on the 1st of each month from December through March.
A non-refundable
participation fee of $50.00 per semester is charged at the time of
on line enrollment. Personal expenses, books, computers, or travel expenses
are not included in your plan. Longwood University does
not charge a fee for late enrollment. However, any "missed"
payments must be paid at the time of enrollment.
Our new Touchnet Payment
Plan Manager system should automatically adjust your monthly payments as
activity on the student account changes and will notify the student and/or
authorized user (s) via email.
Please login to MY
STUDENT ACCOUNT periodically, view the details of your payment plan in
comparison to your student account balance. Some charges may not be
financed on the plan and may need to be paid in addition to your
payments. If your student account balance at any point is zero, your
payment plan is satisfied. If additional charges are then assessed to
the account, they must be paid at the time incurred.
The payments are automated using an ACH bank draft (drafting your checking account).
The automated payment schedule is set upon enrollment.
No other action is necessary for the payments to draft from the bank
account selected at enrollment in the plan.
Debit/credit cards are not acceptable payment methods for the payment
plan.
IMPORTANT NOTES:
1. Please
obtain the correct format for your account number from your bank.
2. Lines of credit, money market accounts, trust accounts, mutual fund
accounts, etc may not be automatically
drafted. Please check with your financial institution to verify your account can be
electronically drafted.
Enrollment in the plan is
accomplished by completing our web-based self service application.
The student may enroll in the plan or may authorize others to enroll in
the plan. Students may access the option for the plan through
My Longwood Portal, Student Tab, My Student Account. Authorized users will be emailed the
procedures for accessing the student account and may enroll in the
plan once the student sets the authorizations.
IMPORTANT NOTE: YOUR BILLING
STATEMENT WILL NOT REFLECT YOUR SCHEDULED PAYMENT PLAN BALANCE.
YOU MAY VIEW YOUR PAYMENT PLAN SCHEDULE USING THE PAYMENT PLAN TAB.
If you need
additional assistance, please contact Kathy Motley at 434-395-2268 or
email motleykr@longwood.edu.
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