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1.0 - Authored on 11-21-2022 by Staci Schreiber (svp102)

LP: LionPATH Enrolling in an Installment Payment Plan

Revised by Staci Schreiber (svp102)
• about a month agoabout a month ago • 4768 Views • ( ) ( ) ( ) ( ) ( )

Article Intended For

Students

Introduction

You can enroll in an Installment Payment Plan through the Penn State Student Account Dashboard. The optional Installment Payment Plan distributes the bill payment across the first four months of the fall and spring semesters. Due to the shorter length of the summer session, the installment payment plan for summer is three monthly installments. There is a $45 fee when signing up for the installment payment plan.

Note: You cannot enroll in an Installment Payment Plan if you have a balance due for any prior semester.

Article Body

Navigating to Enroll in an Installment Payment Plan

From Student Home Base, select the My Finances button.

Screenshot of Student Home base, pointing to My Finances button, Picture, Picture, Picture

On the My Account Page, select the Manage My Account/Make a Payment button.

Screenshot of My Account page, showing Manage My Account/Make a Payment button

The Penn State Student Account Dashboard overview page appears. Select Payment Plans on the left side menu.  Select View payment plan options.

Screenshot of Student Account Dashboard

The Payment Plans will display the Installment Payment Plan available for the semester, a breakdown of the monthly installments, and the payment schedule.

Screenshot of Installment Payment Plans

Scroll down the page to view the complete Payment Schedule and Plan Details, and select Enroll in Plan.

Screenshot of Payment Plan details

The eSignature Disclosure will appear. After carefully reading the disclosure, select the Accept button to consent to receive your payment authorization electronically.

Screenshot of eSignature disclosure popup

The Payment Plan Enrollment page will open, and the Payment Schedule will list future installments dates and amounts.

Screenshot of Payment Plan Enrollment page listing payment schedule

Review the Terms and Conditions. Once you have read and fully understand the terms and conditions of the agreement, select the I agree to the terms & conditions checkbox and then the Continue button.

Screenshot of Terms and Conditions page

The Payment Plan Enrollment page will display with the Payment due at the time of enrollment.

Screenshot of Payment Plan Enrollment page displaying payment due

The Payment Plan Enrollment page includes the Enrollment fee amount, the Plan amount, and the First payment amount. Click Continue.

Screenshot of Payment Plan Enrollment page showing enrollment fee amount, plan amount, and first payment amount

The Payment method page will appear where you can choose how you would like to pay. Note: Auto pay is required. The payment method you select will also be used for auto pay.

Screenshot of Payment Plan payment method page

You have the option to pay by credit card. Note: A service fee applies to all credit card payments. Once you have read and fully understand the Auto pay terms and conditions, select the I agree to the terms & conditions checkbox.

Screenshot of payment method showing credit cards accepted and terms and conditions

You also have the option to pay with an electronic check as your payment method. You will be prompted to enter your bank account information. If you would like to make this a saved payment option that you can use again, enter a familiar name in the Bank account nickname field. Note: If you have setup a saved payment previously, it will appear in the list as an option. There is no fee for eCheck transactions.

Screenshot of payment method showing electronic check option

Once you have read and fully understand the Bank account terms and conditions, select the I agree checkbox. Once you have read and fully understand the Auto pay terms and conditions, select the I agree to the terms & conditions checkbox. Click Continue.

Screenshot of payment method showing terms and conditions

The Payment Plan Enrollment page will show a summary for your review, which includes your email address, Amount due, and Auto pay details.

Screenshot of Payment Plan Enrollment page summary

Review the Payment details and click Pay[$Amount] to process your payment.

Screenshot of Payment Details page

A confirmation message of your enrollment in the Installment Plan is displayed, including the amount, the date the first installment will be charged, and the email address where the confirmation and payment receipts were sent to. Select Go to overview to return to the dashboard.

Screenshot of confirmation message

The Installment Payment will be displayed in the Payment Plans section under Current plans. Click on the Installment Plan.

Screenshot of Payment Plans page showing current plan(s)

A window will open with the details of the Payment Plan.

Screenshot with Payment Plans details

If you wish to change the Auto Pay payment method for the Installment Payment   Plan, click on Auto Pay or the View or edit details here! Link.

Screenshot of Payment Plans page showing Auto Pay

A Change Payment Method window will open where you can select the new Payment method as eCheck or credit card.

Screenshot of Change Payment Method page 

If changing the payment method to a payment by electronic check (New bank account), read and fully understand the bank account Terms and Conditions, and select the I agree checkbox.

Screenshot of confirmation of Change Payment method page

If changing the payment method to a credit card, review the credit card information and click Complete.

Screenshot of confirmation of Change Payment method page (credit card)

You can view the updated Auto Pay information on the Payment Plans section of the Student Account Dashboard.

Screenshot of Payment Plans page


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