Tuition Payment Plan

The monthly tuition payment plan is intended to help students pay the cost of their higher education during the Fall and Spring terms of the academic year. The plan distributes the cost of tuition, fees, housing, meal plans, and incidental charges to the student’s account into four equal payments.

Monthly installments are due on the first day of the payment month and may be set up to auto-debit your bank account or credit card (a service fee of 2.95% applies to all credit card payments). The enrollment fee of $50.00 per semester will be charged to your student account at enrollment and is included in the plan total.

Payment Plan Highlights

The payment plan offered by William & Mary allows for a convenient automatic payment of your tuition and other student account charges in four monthly installments each semester. The plan is offered through Touchnet via W&M eServices and will be available for enrollment after the first-semester eStatement is generated. Here are the plan highlights:

The plan is only available for Fall and Spring semesters
The plan is NOT available for Summer terms due to the short length of the summer semesters
The plan is NOT available for W&M Sponsored Study Abroad programs
Enrollment is by term and includes a $50.00 enrollment fee per semester. The enrollment fee is a nonrefundable charge to your student account and is included in the payment plan.
Enrollment in the payment plan will automatically calculate the balance remaining after the application of any authorized financial aid. Aid authorized after the payment plan will trigger a subsequent recalculation of your payment plan balance.
Enrollment for the Fall semester will open with the first semester eStatement in July and includes four installment payments due on the 1^st of each month, from August through November.
Spring enrollment will open with the first semester eStatement in December and include four installment payments due on the 1^st of each month from January through April.
Payments may be automated using an ACH bank draft (electronic check). Credit cards are also available as a payment method (a 2.95% service fee will apply).
Monthly installment amounts will automatically adjust as new activity (payments OR charges) occurs on the student’s account. They will NOT adjust 7 days or less before a payment due date. Your new payment amount will take effect on the following month’s payment. Email notifications will be sent to the student and authorized user with the new installment payment amount and the effective date of the new payment.
Students with $100.00 or greater charges are eligible to participate in the plan.
A restrictive hold will be placed on the student’s record for payments not received by the payment due date.
Students with one missed payment may be unenrolled from the plan, and the total outstanding account balance may be referred to the College’s Accounts Receivable department for collection.
Student accounts forwarded to the Collections department may prevent future W&M Tuition Payment Plan enrollment.
Students who have not previously provided access for their parent or other payer in eServices must be set up as Authorized users to create a Tuition Payment Plan.
Payments not received by 12:00 midnight on the due date will be assessed a $ 25.00 late payment fee.