myPAYPLAN Terms and Conditions 2023-2024 | Business Office

E-sign Disclosure: Use of Electronic Records and Signatures

These terms and conditions are being provided pursuant to the federal Electronic Signatures in Global and National Commerce Act (“E-Sign Act”) codified at 15 USC § 7001 and applicable state law. You are a consumer being asked to electronically consent to a monthly payment arrangement with Carroll University. If you do not wish to consent to the use of electronic consent, please see the Business Office.

Withdrawing Consent

You may withdraw your continuing consent by contacting the Business Office. Withdrawing your consent, will also withdraw you from the monthly payment plan option (myPAYPLAN).

Terms and Conditions

The university offers a Monthly Payment Plan of four, five or six months (myPAYPLAN). This Plan allows students and their families to pay tuition, housing, meal plan, fees and other charges to the student’s account in equal monthly installments for the current semester. Failure to make two of your monthly installment payments may result in Carroll University withdrawing you from the payment plan, at which time the balance due on your student account will be due in full.  Students must sign the Statement of Financial Responsibility, Student Payment Agreement and Disclosure Statement, including the Credit Agreement and Note, before enrolling in myPAYPLAN.

Note:  Students interested in the Fall 2023 six-month payment plan should contact the Business Office directly at busoff@carrollu.edu or 262.524.7337. Housing, meal plans and financial aid is not yet finalized, so we will manually look at these six-month requests to ensure the plan is as accurate as it can be at your time of enrollment.

Set-up Fee

A $50.00 myPAYPLAN set-up fee will be charged each semester. This amount cannot be added to the payment plan calculation for the applicable session.  Students can view their payment plan status in TRANSACT or in the Anthology Portal under "Viewing your Financial Stratements". The $50.00 myPAYPLAN set-up fee is a “non-refundable” fee.

Convenience Fee

If you are making a payment to your student account using a debit or credit card, your payment will be subject to a "convenience fee". Credit or debit card payments of $20 or more will be charged a fee of $3 or 2.75% of the total (whichever is greater). Payments under $20 will be charged a 2.75% fee. The fee is higher for international cards.  There are no fees assessed when using the electronic (e-CHECK) option.

Late Fee and Collection Costs

Monthly payment plan arrangements are subject to late fees. A late fee of $40.00 per month will be charged if the scheduled monthly payment is not received by the due date. In addition, the university has the right to take steps to collect past due amounts, including, but not limited to, the following: prohibiting the student from scheduling classes for the following semester; withholding course credits; academic transcripts and diploma until the balance is paid; turning over the student's account to a collection agency; and taking legal action. By enrolling in a payment plan, the student authorizes the university to release financial information about his/her account to those concerned with collecting the balance owing.  A collection agency acting on behalf of the university may contact students regarding any outstanding balance by means of an automated calling system or a pre-recorded message at any telephone number associated with the student’s account, including wireless telephone numbers.