<p>I looked through Penn's financial service website but did not find the option to pay the tuitions in lump sum every semester (there are only info about monthly payment plan and 4-year prepay). I do remember learning semester payment as an option. Am I wrong? If not, how does the lump sum semester payment work?</p>
<p>Payment plan is just an option to allow Penn to withdraw money from your bank monthly.</p>
<p>Regardless whether you are using plan or not, you will receive the bill via email after you sign the paperwork.</p>
<p>The following is from last year. I am not sure it will be the same for the coming year.
You need to follow all detailed steps from Penn Financial Aid service.</p>
<p><a href=“https://bosebill.salliemae.com/NetPay/Templates/271/frameset.html[/url]”>https://bosebill.salliemae.com/NetPay/Templates/271/frameset.html</a></p>
<p>what paperwork are you talking about?</p>
<p>Student loan, housing contract, health insurance,… (they may not be paper. They could be online forms to fill out). These items are either in your acceptance package or in later mails/emails. Read everything you receive from Penn.</p>
<p>If you don’t sign up for the monthly payment plan (which is spread over 10 months, depending on when you sign up), you automatically will be billed before each semester for that semester, i.e., the default is to be billed and pay for each semester. So you’ll be receiving a bill at the beginning of July for the fall semester, which will be due in full around the beginning of August.</p>
<p>^thanks! so much help!</p>