Billing and Payment
IU partners with Nelnet Campus Commerce to let you pay your balance over time with a payment plan. This option allows you to pay off your account in up to four payments over the term, depending on when you enroll in the payment plan.
It's okay to pay more than your payment plan amount - but not less
If you can't pay all at once, you can use payment plans to budget your payments into smaller installments throughout the term. Here's what you need to know:
- Account balance must be greater than $500 to be eligible
- When you enroll you will pay the down payment fee plus an enrollment fee
- Accepted payment methods are bank accounts (without a convenience fee) or credit/debit cards (with a convenience fee)
- Scheduled payment will be automatically deducted using your payment method on the 5th of each month of the payment plan
- Accounts will be subject to late fees if not enrolled in a payment plan with a balance prior to the regular due date of the 10th of each month
- You will keep your student account in good standing while in an active payment plan-this means no holds and no late fee