Office of the Bursar

Many families are finding it more difficult to pay education costs. As an alternative to making one large payment each semester, consider the Deferred Payment Plan. This payment plan is ...

Flexible
Penn State's Deferred Payment Plan allows you to spread your semester billable charges over three payments.

Manageable
Educational expenses can be more manageable when spread over time. Fall Semester payment due dates are in August, October, and November. Spring Semester payment due dates are in December, February, and March.

Affordable
The $45 non-refundable fee covers all administrative costs for the secure handling of your payments.

Adaptable
The Deferred Payment Plan can be used in combination with any and all types of student aid (loans, grants, scholarships) or by itself. Any student can enroll in the Deferred Payment Plan.

How it Works
Enrolling in the Deferred Payment Plan is easy. When you view your semester bill, you will be given the option to sign up. Your Semester Bill will list your billable costs (tuition, fees, and room & meal if applicable) and the financial aid that is known at the time the bill is produced. To select Penn State's Deferred Payment Plan, simply pay the first 1/3 by the due date on the bill. Your payment may be made with a check (mail to Bursar's Office with payment voucher), credit card, or eCheck. You must also include the $45 deferment fee and payment for any unpaid prior balance with this initial payment.

Once signed up, you will receive notification of your subsequent installments in advance of their due dates.

Late Payments
Payment not received by the due date will be assessed a $20 late fee.