Saturday, December 20, 2014
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Interest-Free
Monthly Payment Plan

 

 

 

 College Expenses, What’s Your 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.

Here is a Proven Plan

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:

  1. Automatic Bank Payment (ACH) - ACH payments are those payments you have authorized Nelnet to process directly with your financial institution. It is simply a bank-to-bank transfer of funds that you have preapproved for your expenses at Montgomery Community College. Payments may be made from either your checking or savings account. Payments are processed on the 5th of each month and will continue until the balance is paid in full.
  2. Credit Card or Debit Card Option - Paying with your credit or debit card gives you the option of taking advantage of any bonus programs that may be offered by your credit card company. Your monthly payment will be automatically charged to the card you designate. Payments will be charged on the 5th of each month until the balance is paid in full.

Down and Full Payment Options

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.

Nelnet Program Enrollment Deadlines

 

Spring 2015 Access Dates

October 27 - December 9
January 2 - January 8

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 do not assume your balance will automatically be adjusted if financial aid is received or a class is dropped or added. If you have questions regarding your tuition balance, please call the Montgomery Community College Business Office at (910) 576-6222 ext. 329 or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it.. If you have any questions regarding your financial aid award, please contact the Financial Aid Office at (910) 576-6222 ext. 519.

PLEASE NOTE: Registering for Nelnet, does not register you for classes.

Frequently Asked Questions About Nelnet

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.

 

INFORMATION ON RETURNED PAYMENTS

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.

 
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Cathy Biby

Accountant

ext. 329

melisa_bond_directory.jpg

Melisa Bond

Human Resources Coordinator

ext. 212

Jessica Brower

Jessica Brower

Accounts Receivable Specialist

ext. 329

Betty Curlee

Betty Curlee

Custodian

ext. 341

Tina Dunn

Tina Dunn

Custodian

ext. 341

Marcus Ervin

Marcus Ervin

Lead Maintenance Technician

ext. 227

Wanda Frick

Wanda Frick

Director of Facilities

ext. 341

Connie Harris

Connie Harris

Purchasing/Evening Administrator

ext. 318

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Kevin Lamonds

Lead Maintenance Technician/Electrical

ext. 227

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Mark Little

Custodian

ext. 341

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Victor Lyles

Manager, Hole in the Wall Cafe

ext. 435

Jeanette McBride

Jeanette McBride

Vice President, Administrative Services

ext. 218

Roger McIntyre

Roger McIntyre

Maintenance Technician II

ext. 227

James C Owen

James C. Owen

Maintenance Technician I

ext. 227

Margie Phillips

Margie Phillips

Accounts Payable Specialist

ext. 222

Link to Nelnet login

 

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:

  • Your nine-digit student ID number which is your Social Security number without dashes
  • The name, address, and e-mail address of the person responsible for making the payments
  • Account information for the person responsible for payment
    • If paying by automatic bank payments, you will need the bank name, telephone number, account number, and the bank routing number. Most of this information is located on your check.
    • If paying by credit card, you will need the credit card number and expiration date

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