Nelnet Payment Plan
Belmont, in partnership with Nelnet, offers an interest-free payment plan to all current and admitted students to assist with the cost of attendance. Semester plans are available for $42 per term. The payment plan is not a loan, does not require a credit check, and does not incur interest charges. Payments are due on the 1st of each month and payments received after the 1st will incur a late fee of $30.
After the drop/add period, Belmont may automatically adjust your payment plan to match your student account balance. It is the student’s responsibility to determine the semester budget(s) to ensure the University student account balance is satisfied in full by Nov. 1 for the fall and April 1 for the spring. We highly recommend that you log into your MyBelmont account to verify your semester tuition and fees throughout the course of the semester. Your current balance can also be seen within the Nelnet payment plan site. Belmont University reserves the right to discontinue a payment plan based on missed, returned, or revoked payment(s). Any account with three returned payments, including returned Nelnet payments, will be restricted to Credit Card, Wire, Cashier's Check or Cash payments.
Target Dates to Enroll By:
Payment Plans available starting on May 1, 2024
| Dates to Enroll Online |
Required Down Payment |
Number of Payments |
Months of Payments |
|---|---|---|---|
| No Down Payment Plans | |||
| May 1 - June 27 | 0% | 5 | July - November |
| June 28 - July 28 | 0% | 4 | August - November |
| Down Payment Plans | |||
| June 28 - July 23 | 25% | 4 + down payment | August - November |
| July 24 - August 22 | 25% | 3 + down payment | September - November |
| August 23 - August 28 | 30% | 2 + down payment | October & November |
Important Note:
- Fall 2024 Payment Deadline: August 16, 2024
Payment Plans are available starting on April 1, 2024.
| Dates to Enroll Online |
Required Down Payment |
Number of Payments |
Months of Payments |
Day of Payment |
|---|---|---|---|---|
| Maymester | ||||
| April 1 - May 6 | 33% | 2 + down payment | June & July | 1st |
| April 1 - May 6 | 50% | 1 + down payment | June only | 15th |
| Summer Term | ||||
| May 7 - May 24 | 33% | 2 + down payment | June & July | 15th |
| May 7 - June 16 | 50% | 1 + down payment | July only | 15th |
Important Notes:
-
Maymester 2024 Payment Deadline: May 2, 2024
- Summer 2024 Payment Deadline: May 29, 2024
Previous Semester Dates
Payment Plans were available starting on November 1, 2023.
| Dates to Enroll Online |
Required Down Payment |
Number of Payments |
Months of Payments |
|---|---|---|---|
| No Down Payment Plans | |||
| Nov 1 - Nov 29 | 0% | 5 | December - April |
| Nov 30 - Dec 28 | 0% | 4 | January - April |
| Down Payment Plans | |||
| Nov 30 - Dec 21 | 25% | 4 + down payment | January - April |
| Dec 22 - Jan 17 | 25% | 3 + down payment | February - April |
| Jan 18 - Feb 1 | 30% | 2 + down payment | March & April |
Important Notes:
-
Spring 2023 Payment Deadline: January 4, 2023
Nelnet Payment Plan FAQs
How may I establish and access my Nelnet Payment Plan account online?
Visit your MyBelmont account and click the green Tuition Smarter icon to create to access your Nelnet Payment Plan. The link will take you to the Nelnet payment plan website.
Can an authorized payer create a payment plan?
For first time users, the student must grant access to the authorized payer. The authorized payer will receive an email to create an account. Once the account is created, the authorized payer can create a payment plan.
I am an Authorized Payer, where can I log in to view the payment plan information?
Authorized Payers, that have previously created an account, can log in here.
How do I know that Nelnet has received my payment?
To confirm a payment has been applied to your account simply log in to your account here.
Who is eligible to enroll in a payment plan?
The payment plan is available to all current and admitted students. Additionally, the payment plan may not be used to cover a previous semester’s balance. All prior semester’s tuition, housing, meal plans, and other fees must be paid during the semester the charges are incurred.
What types of payment methods are accepted?
Electronic funds transfer (e-Check) from a checking or savings account is an option and free of charge. Debit or Credit Card (Visa, MasterCard, Discover and American Express) is accepted; however, this transaction will incur a non-refundable, convenience fee of 2.85%.
When is the due date for each payment?
On or before the 1st of each month. If you select a down payment + payment option. The first payment is due immediately and the remaining payments are due on the 1st of each month.
When are the enrollment dates for each semester?
A student and/or parent(s) may enroll in a semester plan beginning on June 1st for the Fall Semester and November 1st for the Spring semester.
May I adjust my Nelnet Payment Plan budget?
Yes, you may adjust your Nelnet Payment Plan budget before and during the academic semester. Please review your Nelnet Payment plan budgeted amount to ensure your Belmont student account balance is covered each academic term. Failure to establish and manage your Nelnet Payment Plan budget correctly may result in the cancellation or interruption of your course registration.
How will I receive monthly statements?
Monthly statements will be sent electronically to the email address provided to Nelnet. You will not receive a paper statement. The electronic statement should be sent out 4 business days prior to the due date.
Is a payment plan offered for the Maymester or summer terms?
YES, there are payment plan options for the Maymester and summer terms.
When does Nelnet credit a payment to my Belmont student account?
Your payments are credited to your account effective the day they are received.
Why was my payment returned?
If a payment you made was returned and you are unsure why, please call 800.609.8056 to speak with a Customer Service Representative.
How do I withdraw from the payment plan?
If you need to discontinue using the payment plan, please call 800.609.8056 to speak with a Customer Service Representative. Please remember that your enrollment fee is non-refundable.
Why is my account canceled?
Your Nelnet account may be canceled due to several consecutive missed or returned payments. To determine if your account can be reinstated, please call 800.609.8056 to speak with a Customer Service Representative.
Will my Nelnet payment I just made online or by phone be deducted from my bank account or credit card right away?
We strongly suggest having the funds available for deduction prior to making a payment. Payments are deducted according to your financial institution or credit card company's operating guidelines and processing cycles.
The payment will be immediately deducted from your account if you make an early payment or a down payment for a payment plan. All scheduled payments will be automatically deducted on the due date.
Do I have to manually submit the payment each month?
No, the payment plan will automatically draft on the payment due date.
Do I need to remember my PIN?
Yes! Knowing your PIN is required if you would like to speak with a Nelnet Customer Service Representative on the phone.
Connect with Us
Student Financial Services is located in the Gabhart Student Center.
Email: finaid@belmont.edu
Phone: (615) 460-6403
BELMONT'S TITLE IV SCHOOL CODE IS:
003479