Anderson University

Financial Aid

Family Guide to College and Financial Planning

Family Guide to College and Financial Planning

  AU >Financial Aid

Monthly Payment Plan Option

 With NBS - Nelnet Business Solutions

College Expenses, What's Your Plan?
NellNetPaying for the costs of a college education is a concern for nearly every student and family. The fact is, few of us have the resources to simply write a check for the full cost of tuition each semester. So how are you meeting your costs? What’s your plan? Do you have one?

Having a solid plan for covering the cost of college is an important step toward graduation. Anderson University is pleased to enlist the services of NBS, the leading tuition payment plan provider in the industry, to make the process easier for you. Working together, Anderson University and NBS will provide you with sensible strategies for covering the rising costs of college.

To help you meet your educational expenses, Anderson University is pleased to offer NBS as a convenient online payment plan.  Students who choose to use NBS may select installment plans that are spread over several months.  This is not a loan program.  You have no debt, there are no interest or finance charges assessed, and there is no credit check.  The cost to budget your interest-free monthly payment plan is a $60 per year (or $40 per semester) nonrefundable NBS enrollment fee

 

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You may budget your tuition and fees one of two ways. 
A. Automatic Bank Payment (ACH) - ACH payments are those payments you have authorized NBS to process directly with your financial institution.  It is simply a bank-to-bank transfer of funds that you have pre-approved for your expenses at Anderson University.  Payments may be made from either your checking or savings account.  Payments are processed on the 5th of each month and will continue until the balance is paid in full.

B. Credit Card Option—Many payers have requested the option of charging their monthly tuition payment to their credit card. This enables you to take advantage of various bonus programs offered by your credit card company. If you elect to use this option, your monthly payment, along with a convenience fee, will be automatically charged to the credit card you designate. The convenience fee is in addition to the nonrefundable NBS Enrollment Fee. Payments will be charged on the 5th of each month until the balance is paid in full. If you wish to use this option, you may enroll by registering online through e-Cashier. Credit card payments are processed by American Card Services, Inc.

Enroll in the NBS Payment Plan online using the red icon below titled "Sign up for a Payment Plan".  Be sure to have the following information.

 

  • Student ID
  • The name, address, and e-mail address of the person responsible for making the payments.
  • To protect your privacy, you will need to create your own unique NBS Access Code.  Please be sure it is something you can easily remember.
  • Account information for the person responsible for payment.
    *If paying by automatic bank payments, you will need the bank name, telephone number, account number, and the bank routing number.  Most of this information is located on your check.
    *If paying by credit card, you will need the credit card number and expiration date.

Down and Full Payment Options 

Down or full payments are deducted immediately from the account provided on the agreement.  If the payment fails for any reason, the agreement is terminated and notification is sent to the person responsible for payment. 
There is a $2.00 charge for making a full payment through NBS.

SAVE TIME . . . PAY ONLINE

Payment PlanTo enroll
To enroll online, click the red link located to the left.  You will need your student ID as assigned by Anderson University and the name, address, and e-mail address of the person responsible for making the payments. 

You must be certain of your balance owed to Anderson University to set up a payment plan.  You should speak with your Financial Aid Counselor to determine your balance or take the total amount of charges, including room and meals for boarders, and subtract all grants and scholarships and/or student loans. (For student loans, please see the Financial Aid web page for instructions on how to complete the necessary paperwork.)  Please don’t forget to consider adding in the cost of books. 

My FactsTo check your account

Login into your My Payment Plan, using your user ID and password provided by NBS.  If you have forgotten or misplaced yours, contact NBS at 800-863-2287 or account@factsmgt.com.
Frequently Asked Questions About NBS 

  1. When and what time will the funds be withdrawn from my bank account?
    NBS specifies the date each payment will occur, but it is your financial institution that determines the time of day the payment is debited.  NBS recommends you check with your financial institution to determine how far in advance funds should be deposited into your account to ensure the automatic payment clears.  If a payment date falls on a weekend or banking holiday, the payment will be attempted the following business day.
  2. How will I be notified of my payment information?
    Once your agreement is posted to the NBS system, you will receive a confirmation notification of your payment amount by e-mail or letter.  Payments will be processed until the total balance is paid in full.  The notification has important information you MUST have to log on to My Payment Plan.  The notification also serves as a reminder that a $40 per semester nonrefundable NBS Enrollment Fee will be processed from the account indicated on the agreement.
  3. Can I pay by phone with NBS?
    In accordance with the Terms & Conditions of your NBS agreement, payments are processed electronically.  NBS does not accept payments by phone.
  4. What is the NBS Access Code?
    To help protect your privacy, NBS asks the person responsible for the payments to create an access code.  If you should call into NBS inquiring about your NBS agreement or inquire online through My Payment Plan, you will be required to verify your NBS Access Code.  If you do not create an access code on your NBS agreement, one will be randomly assigned to you.  Your NBS Access Code will be identified on your NBS Confirmation Notification.  Please remember to keep a copy of your confirmation notification.

Contact Information 
Call NBS at (800) 609-8056 to make any changes to your address, telephone or bank information. If you have questions regarding your NBS agreement, please contact facts directly or view your agreement online through  My Payment Plan. To access your My Payment Plan, follow your NBS confirmation notification.
If you have questions regarding your financial aid award or your tuition balance, contact Anderson Central at (864) 231-2070.



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