BARC payment plan

<p>I'm looking at my BARC account and noticing that I have an unpaid balance of 1000+ after financial aid has been distributed. I recently got an email from the BARC billing offices telling me about payment plans. These plans said that as a down-payment, 1/3 of all registration/education/housing fees would be due by the deadline, and the remaining amount deferred until two months from the time the down-payment was paid (UCSB</a> Business Services - Forms payment agreement instructions) I was wondering, if i entered into a payment plan agreement, will my financial aid be accredited the down-payment, allowing me to not have to pay for anything until the two month deferment period, is financial aid accredited to the deferment balance and I have to pay the down-payment up front, or is the payment plan attributed to the amount I owe after all financial aid is distributed (the remaining balance of my BARC account)?</p>

<p>Oh, as clarification, I realize that in the end I will end up having to pay the same amount regardless of when the payment plan is implemented, my main concern is WHEN I would be paying the fees, since I can get a job once I am in Santa Barbara, and would have two months to earn income and save money to pay for the fees.</p>

<p>Do you have a job lined up for the time you get to SB or are you hoping to get a job?</p>

<p>And what’s the problem with paying all right now?</p>

<p>I’m taking over my sister’s old work study job even though I didn’t qualify for work study. It’s a decent paying job for 10 hours a week. I’m going to go job hunting as soon as I get there as well. The problem with paying it all now is that if I do things this way, I make it so I’m the one paying for my own education, and my parents don’t have to pay a dime for anything. I much prefer it this way. I actually called BARC today, and they told me the 1/3 payment was attributed to the current balance on the account. So things actually work out better this way.</p>