Semester Payment Plans

Please review your Michigan Tech Student Bill on MyMichiganTech before making any payments, as the amount of the payment will be adjusted if changes are made to your schedule or housing arrangements, or if there is an adjustment to your financial aid award.

Rent payments are due according to your rent contract.

Financial Aid cannot be used to make all or part of any payment, this includes private loan checks. Payments are calculated according to the balance due (total charges less all financial aid). If you receive additional financial aid, please contact the Accounts Receivable Office so that your payments can be adjusted.

Future payment plans may be denied if the student defaults on their current plan. The student will be responsible for any collection costs associated with the collection of the account balance.

Summer Semester Three-Payment Plan

This plan has a $50 enrollment fee with the first payment being one-third of your balance due and is due on the tuition billing due date.  The remaining two payments will be due every four weeks thereafter.  The contract will be on the Michigan Tech Student Bill available through MyMichiganTech.

Fall/Spring Payment Plans

Fall/Spring Semester Five-Payment Option

This plan has a $35 enrollment fee with the first payment being one-fifth of your balance due and is due one month prior to the tuition billing due date. The remaining four payments will be due every four weeks thereafter. The contract will be on the Michigan Tech Student Bill available through MyMichiganTech and must be submitted to the Accounts Receivable Office by the date that the first payment is due. A separate contract must be submitted and approved for each semester that the student wishes to participate.

Note: If the first payment is not received on time, you will automatically be enrolled in the Four Payment Plan and charged the $50 enrollment fee (an additional $15).

Fall/Spring Semester Four-Payment Option

This plan has a $50 enrollment fee with the first payment being one-fourth of your balance due and is due on the tuition billing due date. The remaining three payments will be due every four weeks after that. The contract will be on the Michigan Tech Student Bill available through MyMichiganTech and must be submitted to the Accounts Receivable Office for approval by the semester billing due date. A separate contract must be submitted and approved for each semester that the student wishes to participate.

Payment Amounts

Payments are calculated according to the amount the student owes less all financial aid. Payments due may not be equal amounts each month, as charges and credits could fluctuate the amount owed. Please review your student bill to confirm the amount of each payment prior to making any payments. Rent payments are due according to your housing agreement and are not included in your monthly payment plan amount.

   Payment Plan Due Dates