So me and my family are filling out the contract and decided on a plan we like, but is there interest on the tuition should you choose to pay in multiple installments? It doesn’t mention anything about interest rates in the payment plans though.
So is there usually interest rates on tuition if you pay in installments? Should we call the Dean Of Enrollment?
I think the schools make you buy tuition insurance that allows you to pay in installments. I think the insurance is about 1% of the tuition.
No interests. Just required insurance fee + processing fee (around $50-100)
Normally no interests. But double check the contract details for confirmation.
It depends on the school and their tuition management program. DS’s school for the first two years did not charge a fee for payment plans…but then they switched tuition management companies and we had to pay 1% extra to use the 10 month payment plan.
Just do the math 
confirmed there is no interest just a TRP.
What happens after the contracts and deposits are sent in? When do the schools send info to parents and students about the portal access, upcoming year, etc?
Iirc, nothing happens until mid summer. Once you pay the next installment, then maybe things start rolling. So like July? Placement tests came first. You will get emails about what students need to bring, when to order books, what clearances the health center needs, a list of point people, and the advisor will reach out. And a parent or two. And you will get access to the portal.
This year there will probably be more communication as the schools grapple with their fall arrangements. But honestly, as weird as it feels after being obsessed for the past 6 months, there is nothing to do until at least July.
we got an email this week to expect things to start coming in a few weeks…so it is school dependent