Payment Options for School of Adult and Graduate Education Students

EZ Payment Plan

The College offers a no-interest payment plan called the EZ Pay Plan which allows students to budget a semester’s balance over a 5-month plan (Fall payments begin in July, and Spring payments begin in December). Monthly payments are due by the 20th of the month. Students can self-enroll through the student’s my.cedarcrest.edu account to pay any portion of the semester amount due through this plan.  Other family members can self-enroll through the Transact Integrated Payments Online System, once the student has granted them permission to the Transact Integrated Payments Online System. There is an enrollment fee of $25 per semester to use this plan. 

Employer Tuition Deferment (via Employer Reimbursement)

If your employer reimburses you for your tuition after you complete your course(s), you may defer your payment to the College until the end of the semester. If eligible for tuition reimbursement through your employer, you will need to complete the Employer Tuition Benefit Application the first time you use this benefit at Cedar Crest College. This form must be accompanied by an explanation of your company’s reimbursement policy and must be signed by your supervisor. It is the student’s responsibility to notify the College as to any change in employment or benefits. You will also need to complete and sign the Tuition Deferment Form (which acknowledges your responsibility for payment should you become ineligible for reimbursement or reimbursement is not received from your employer) EACH SEMESTER.  Tuition Deferment form must be submitted by the semester tuition due date and any portion not covered by the deferment must be paid by the semester tuition due date. Tuition reimbursement must be remitted to the College within four weeks of grade posting.

Federal Direct Graduate PLUS Loan (Graduate Students Only)

This is a federal loan made to a credit-worthy graduate student who is enrolled at least half-time, maintains satisfactory academic progress and is not in default on any education loan. The borrower may apply to borrow an amount up to the cost of attendance minus financial aid. If the Federal Direct Graduate PLUS Loan is denied, the application process ends (unless the borrower would like to obtain a credit-worthy endorser for the loan or has been denied due to delinquent mortgage payments and would like the situation re-evaluated). Payments will automatically be deferred until 6 months after the date the graduate student ceases to be enrolled at least half-time. Apply for this loan program at StudentAid.gov.

Private Educational Loans

These are private consumer education loans in the student’s name and should be investigated carefully regarding all terms, including fees, interest rate, adjustments, etc. The student, along with a creditworthy co-signor if applicable to qualify. The maximum amount that may be borrowed is the school’s cost of attendance minus any other financial aid. For some loan programs, principal and interest may be deferred while the student is enrolled in school at least half-time. Fees and interest rates for these types of programs vary greatly and depend upon the credit criteria of the borrower (student) and co-signer. The College has a list of private educational loans available at www.ElmSelect.com and will also certify any private loan requested by a Borrower.