Winthrop Payment Plan
Winthrop University is pleased to offer students a four-payment plan to budget the cost of the current semester's academic fees, room and board. The Winthrop Payment Plan (WPP) is offered exclusively by the University and replaces all other deferred plans. The WPP is offered as a service, allowing the students to budget their educational and related costs over the period of a semester. The plan is optional -- students may still elect to make full payments by the stated deadlines. The University will accept any advance payments the student may wish to prepay as a credit to the bill, reducing the amount to be paid using the four-payment plan.
All students in good financial standing with the university are eligible to enroll. Students who have not paid their bills on a timely basis may lose the right to participate.
All current academic fees, lab fees, room and board costs, cafe cash, and other required fees may be included in the WPP. Please note: any fees or charges for the semester that were added after the payment plan was established will be recalculated into the remaining payments of the payment plan.
The WPP requires an initial payment by the stated deadline for fee payment. The remaining balance is payable to the University in three monthly installments (approximately every 30 days). The University will send a bill to all participants approximately two weeks in advance of the due date for each installment. The WPP is interest free; however, the University assesses an administrative fee of $30 each semester to offset the additional cost of record keeping and billing and late fees of $25 will be assessed on delinquent monthly payments.
Financial aid received and awarded (excluding Federal Work Study) through Winthrop may be used toward computing the amount budgeted through the plan. This aid should be shown on the initial semester billing. Aid other than that shown on the billing cannot be deducted without first receiving a DISCLOSURE STATEMENT FROM YOUR LENDER or a copy of the award letter if there is an outside scholarship award. You must send a copy of the disclosure statement or award letter to the Cashiers Office.
The University will assess a delinquent charge of $25 for each month the amount due is not received as scheduled. Furthermore, the University reserves the right to assign your delinquent account to a collection agency and you will be responsible for all associated collection costs. Checks returned by the bank will be subject to a returned check fee of $30 in addition to the delinquent charge.
Winthrop Payment Plan applications will no longer be available in the Controller's Office or the Cashier's Office. You must enroll in the WPP online by filling out the Winthrop Payment Plan Enrollment form on Wingspan.