Payment Plans

Albion College Deferred Fee Agreement

Students may pay up to 50% or more of their semester charges on the date of final enrollment and agree to pay their remaining balance in two equal installments throughout the semester. The fee for participating in this payment plan is a 1.25% monthly time charge differential assessed on the unpaid balance.

Tuition Pay (formerly Academic Management Services)

This plan allows a family to spread tuition payments into equal installments throughout the year. Many families use Tuition Pay to meet any amount not covered by financial aid or other resources. First-year participants in the program may have their payments split into 10 monthly installments. After the successful completion of the first year, a family may then move to 12 monthly installments. There is an annual $55 application fee to participate in the program. Detailed information is available from Tuition Pay at 800/635-0120.

Albion College also accepts payments for students from the Richard C. Knight Tuition Plan and The Tuition Plan.