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) or over the course of the school year (Annual Plan). Through our relationship with Tuition Management Systems (TMS) we will be able to offer you the following:

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

  • Toll free customer service Monday – Friday from 8:00 am – 10:00 pm. EST

  • Monthly payment plan statements.

  • No more paper payment plans to submit to our office.

Payment Plan Details

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

  • Enrollment fee is $50 (non-refundable) for the semester plan and $75 (non-refundable) for the annual plan (fall and spring).

  • 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 before enrolling in a current Terp Payment Plan or your enrollment may be cancelled. 

  • You must make a full month’s payment and pay the enrollment fee when you enroll in the plan.

  • $300.00 minimum term balance is required.

  • A budget calculator is available at umd.afford.com to estimate your expenses and monthly payment amount.

  • On-line access to set up your Terp Payment Plan account, view your account, or modify your budget is available 24 hours a day at umd.afford.com.

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

  • Online payments, automatic monthly deductions from your checking or savings account and payment by mail are available at no additional cost. Credit cards can be used, but have a service fee.

  • Payments must be made to Tuition Management Solutions (TMS) to count towards your monthly payment.  

  • Payments are due on the 5th of the month, and a late payment fee is assessed by TMS  for $40.00 for payments received after the due date.  Returned checks are charged $30.00.

Important Information

  • Once officially enrolled, the full plan amount (for semester plans) or half of the plan amount (for annual plans)  will appear as a credit on your student account activity at UMD 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 to TMS, the plan will remain in tact and you will not be subject to late payment fees, or course registration holds.

  • At present, the TMS system is not directly connected to your UMD Student Account. 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 go to umd.afford.com and make the appropriate adjustment to your plan.  Likewise, if additional aid or funding credits to your student account thereby removing the need for the Terp Payment Plan, you will need to go to the TMS payment plan page (umd.afford.com) and request that the TPP remaining balance be adjusted to zero.  (Any subsequent refund owed to you cannot be released until the plan balance is $0 owed). 

  • To view your current balance, log into: Testudo and select Student Account Inquiry from the dropdown menu. Parents must log in with an affiliate account via: registrar.umd.edu/parents.

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

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

To Setup a Terp Payment Plan

Contact: Tuition Management Systems (TMS) umd.afford.com 1-800-722-4867

Annual Plan
Plan Type Open Enrollment Date Enrollment Cut-Off Date Payment Due Dates
10 payments June 15th July 4th July 5th-April 5th
9 payments July 5th August 4th August 5th-April 5th
8 payments August 5th September 19th* September 5th-April 5th
Fall Semester Plan

Plan Type

Open Enrollment Date

Enrollment Cut-Off Date

Payment Due Dates

5 payments

June 15th

July 4th

July 5th-November 5th

4 payments

July 5th

August 4th

August 5th-November 5th

3 payments

August 5th

September 19th*

September 5th-November 5th

Spring Semester Plan

Plan Type

Open Enrollment Date

Enrollment Cut-Off Date

Payment Due Dates

5 payments

November 5th

December 4th

December 5th-April 5th

4 payments

December 5th

January 4th

January 5th-April 5th

3 payments

January 5th

February 19th*

February 5th-April 5th

*You must make a full month’s payment and pay the enrollment fee when you enroll in the plan.