Monthly Payment Plan
Paying for the rising costs of a college education is a concern for nearly every student and family. The fact is, few of us have the resources to simply write a check for the full cost of tuition each semester. So how are you meeting your costs? What’s your plan? Do you have one?
Having a solid plan for covering the cost of college is an important step toward graduation. Montgomery Community College is pleased to enlist the services of Nelnet Business Solutions, the leading tuition payment plan provider in the industry to make the process easier for you. Working together, Montgomery Community College and Nelnet will provide you with sensible strategies for covering the rising costs of college.
To help you meet your educational expenses, Montgomery Community College is proud to offer Nelnet as a convenient budget plan. This is not a loan program. This is a payment plan. There are no interest or finance charges assessed, and there is no credit check. The cost to budget your interest-free monthly payment plan is a $25.00 per semester nonrefundable Nelnet Enrollment Fee. You may budget your tuition and fees, but not your books, in the following ways:
Down or full payments are deducted immediately from the account provided on the agreement. If the payment fails for any reason, the agreement is terminated and notification is sent to the person responsible for payment. A $2.00 nonrefundable Nelnet Enrollment Fee will be assessed for full payments.
|Spring 2016 Access Dates
October 26 - December 11
Required Down Payment
Number of Payments
Payments Due in
|50%||2||February & March|
IMPORTANT! You must be registered for classes before registering for NBS. The final amount on the registration form will be needed to complete the budget plan.
IMPORTANT! Call NBS at (800) 609-8056 to make any changes to your address, phone, or banking information.
If you have questions regarding your Nelnet agreement, please contact Nelnet directly or view your agreement online through your account.
To access your account, follow the instructions located on the Nelnet Confirmation Notification or e-mail, or click on the Nelnet logo above.
PLEASE NOTE: Registering for Nelnet, does not register you for classes.
1. When and what time will the funds be withdrawn from my bank account?
Nelnet specifies the date each payment will occur, but it is your financial institution that determines the time of day the payment is debited. Nelnet recommends you check with your financial institution to determine how far in advance funds should be deposited into your account to ensure the automatic payment clears. If a payment date falls on a weekend or banking holiday, the payment will be attempted the following business day.
2. How will I be notified of my payment information?
Once your agreement is posted to the Nelnet system, you will receive a confirmation notification of your payment amount by e-mail or letter. Payments will be processed until the total balance is paid in full. The notification has important information you must have to log on to your account. The notification also serves as a reminder that a $25.00 per semester nonrefundable Nelnet Enrollment Fee will be processed from the account indicated on the agreement.
Should an automatic bank payment or credit card payment be returned, a $30 Nelnet Returned Payment Fee will be automatically assessed to your account. You will be notified by Nelnet of the returned payment via mail or e-mail.
Setting up your payment plan online is simple, secure, and easy. The payment plan can accommodate down payments and monthly payments. Before you click the Submit button, please carefully read through the Final Review and the Terms and Conditions. An immediate e-mail will be sent (if an e-mail address was provided for the person responsible for payment) confirming enrollment through Nelnet.
Enroll in the Nelnet Payment Plan online by clicking on the Nelnet link above. Be sure to have the following information: