Terp Payment Plan

The Terp Payment Plan (TPP) is a service that allows you to make monthly payments over the course of the semester (Fall or Spring). Through our relationship with Nelnet we are able to offer you the following:

  • On-line access to set up your payment plan account, view your account or modify your plan amount.

  • Toll free customer service 24 hours a day, 7 days a week

  • Automatic monthly payment withdrawals from the account you select so you don't need to keep track of plan due dates.

  • No more paper payment plan applications or documents to submit to our office.

Enroll in the Terp Payment Plan

Payment Plan Details

The Terp Payment Plan allows students and families to pay amounts due to the university in manageable monthly installments for the semester

  • Enrollment fee is $45 (non-refundable) per semester plan.

  • You can include most university charges: tuition, course fees, room, meal plan, parking permit, special math, health insurance, orientation charges, and differential tuition

  • Prior past due balances must be paid in full and can not be included in a current term plan.  Including a prior term(s) balances in a current Terp Payment Plan will cause your enrollment to be cancelled.  

  • You must make your first installment payment (down payment) and the enrollment fee in order for a plan to be considered in effect. 

  • $300.00 minimum plan balance is required.

  • On-line access to set up your Terp Payment Plan account (during the applicable enrollment periods), view your account, or modification of your plan amount is available 24 hours a day.

  • Monthly payment plan statements will be e-mailed to the email address you provided at plan enrollment.

  • Payments must be made to Nelnet to count towards your monthly payment. (Not to the school directly)  

  • Automatic payments can be drafted by electronic check (ACH) for no fee, or Credit card for a convenience fee.

  • Payments are pulled from your enrolled payment method account on the 5th of the month.  If that attempt fails a second and final attempt is made on the 20th of the same month.  If the second attempt also fails, the plan will be terminated and the remaining balance owed on the plan at time of cancellation will be reflected on the student account. Subsequent account holds preventing future registration of courses and/or University of Maryland late fees may be assessed in future months on the remaining balance due.  

  •  Nelnet Business Solutions (the Terp Payment Plan third party provider) may assess a $40 late payment fee for payments that fail on the initial monthly attempt. As well a $30 fee if that failed payment is due to a bank returned ACH check payment.  

Important Information

  • Once officially enrolled, the full plan amount will appear as a credit internally to our office, similar to as if you had made a payment directly to the school.  As long as your plan covers the full current term balance due to the university, and you  pay the specified amount on time, the plan will remain in tact and you will not be subject to late payment fees by the school, or course registration holds. If you log in to your student account activity you may see a real time summary of actual payments made, and what payments are remaining to complete the plan in full. 

  • At present, the TPP system is not directly connected to your UMD Student Account balance. This means it is your responsibility to insure the plan amount for each term are sufficient to cover all of the term charges. As well, if your charges increase or reduce after TPP enrollment, you are required to make the appropriate adjustment to your plan.  Likewise, if additional aid or funding credits to your student account thereby reducing or removing the need for the Terp Payment Plan, you will need to request that the TPP remaining balance be adjusted to new amount ($0 is acceptable if the plan is no longer needed).  

  • Any subsequent refund showing on your student account cannot be released until the plan balance is $0 owed. 

  • Only ONE plan may be active per term (our vendor does not support 2 plans during the same time period)  

  • To view your current balance, Click Here

  • Changes in financial aid, room, or board will affect your TPP budget and should be monitored.

  • Payment for miscellaneous charges, not included in TPP budgets, should be made directly to UMD.

  • Most aspects of the Terp Payment Plan can be self serviced by the plan owner, however if you need assistance you may contact our service center at billtalk@umd.edu.  Phone access is available during UMD service center business hours at 301-314-9000 or 24/7 by calling Nelnet (the third party vendor plan provider) at 888-470-6014

Enroll in the Terp Payment Plan

 

Note: If you are a first semester Freshman or Incoming Transfer to UMD, please see this supplemental page regarding the TPP

Fall Semester Plan

Plan Type

Open Enrollment Date

Enrollment Cut-Off Date

Payment Due Dates

 

4 payments

July 13th

August 4th

Down payment due at time of enrollment. Subsequent payments due September 5th, October 5th, and November 5th

3 payments

August 5th

September 19th

Down payment due at time of enrollment. Subsequent payments due October 5th, and November 5th

Spring Semester Plan

Plan Type

Open Enrollment Date

Enrollment Cut-Off Date

Payment Due Dates

5 payments

November 9th

December 4th

Down payment due at time of enrollment. Subsequent payments due January 5th, February 5th, March 5th, and April 5th. 

4 payments

December 5th

January 4th

Down payment due at time of enrollment. Subsequent payments due February 5th, March 5th, and April 5th. 

3 payments

January 5th

February 19th

Down payment due at time of enrollment. Subsequent payments due March 5th, and April 5th.