Payment Plan

[Robinred2404]

Does anyone know how the Excelsior payment plan works? It says you can divide it up between 2-6 payments. Do you have to make all those payments within the course timeline? For instance, if I take an 8 week course would it be divided into one payment the first month and one payment the second month? I'll be getting reimbursed from my employer but I want to know how much I'm going to have to come up with upfront.

[bjcheung77]

It's always best to see what they have in terms of payment plans, but here's the basics: https://www.excelsior.edu/costs-and-fina...ent-plans/

[ss20ts]

The link bjcheung provided shows this:

Monthly payments made while completing course(s). Number of payments available based on registration date. Technology Fees and Academic Services Fees can be added to the payment plan.

So yes your payments have to be made while you're taking the course. You'll most likely have to pay the full tuition upfront. Employers typically reimburse you after you receive grades and they usually have a minimum grade required. The course sometimes also has to relate to your job. So for example if you were a bread baker, they wouldn't pay for a class on astronomy. Be sure to read your company's policies on tuition reimbursement and ask them if you have any questions on it. Some companies are super easy with it and others are wicked stringent.

[Robinred2404]

The link bjcheung provided shows this:

Monthly payments made while completing course(s).  Number of payments available based on registration date. Technology Fees and Academic Services Fees can be added to the payment plan.

So yes your payments have to be made while you're taking the course. You'll most likely have to pay the full tuition upfront. Employers typically reimburse you after you receive grades and they usually have a minimum grade required. The course sometimes also has to relate to your job. So for example if you were a bread baker, they wouldn't pay for a class on astronomy. Be sure to read your company's policies on tuition reimbursement and ask them if you have any questions on it. Some companies are super easy with it and others are wicked stringent.

Thanks, my employer will cover any program, and I signed up for the payment plan. For my eight week courses it was 25 percent down with three more payments.