Wake Tech is proud to offer students a convenient new tool for budgeting and managing educational expenses. The college is now offering a tuition payment plan that allows students to pay tuition and fees directly from their checking or savings accounts, or by credit card. Payments can be made in installments, according to when the students enroll.
“Some of our students lack the resources to pay the full tuition bill all at once,” says John Saparilas, Associate Vice President of Enrollment Services. “The payment plan prevents that from stopping students in their tracks. They can pay in increments while getting started (or continuing) toward their education goals.”
The payment plan is not a loan program. Students incur no debt. No interest or finance charges are assessed, and there is no credit check. The cost for the interest-free monthly payment plan is $25 per semester, a nonrefundable enrollment fee. Students must sign-up for Wake Tech’s payment plan by January 4, 2017, to take advantage of it for the spring semester.
Wake Tech has partnered with Nelnet, a third-party student loan servicer based in Lincoln, Nebraska, to offer the tuition payment plan. Nelnet specializes in the administration and repayment of student loans and education financial services.