Depending on when a student signs up, a non-refundable enrollment fee of $50.00, $60.00, or $70.00 will be assessed over and above a student’s account balance
Down payments cover payment dates that are about to or have passed, and include any amount over the $4,500 limit
A student can sign-up for a maximum of $4,500.00 for a payment plan cycle.
For example, if a student signs up January 7, 2021 and has a balance of $8,000.00, at the time of sign up they would pay a $70.00 enrollment fee, $2,250.00 for the down payment directly to Nelnet, and pay UNG directly for the balance over the $4,500.00 maximum, in this case $3,500.00. The total on that day would be $5,820.00 plus convenience fee if paying with credit card.
A repayment method will be established at sign up and that payment method will be charged the enrollment fee, any down payment, and any amount over the $4,500.00 maximum at the time of sign-up and charged on the 20th of each month left in the cycle until the balance is paid. Your payment method will be automatically billed each month once you sign up.
ACH (WebCheck) – No Additional Fee
Routing Number and Account Number from bottom of check required
Do Not use debit card numbers
Credit Card – 2.75% Convenience Fee in addition to base payment
All major credit cards: Visa, Mastercard, American Express, Discover
Payment methods cannot be changed from ACH to Credit Card and vice versa once established after the initial setup. Students may contact Nelnet directly to change from a Visa to Mastercard if they signed up to repay with a credit card or one bank account to another if they signed up to pay by ACH.
Students signed up for the plan will have an informational hold placed on their Banner account to notify the business office to:
Reverse all late fees if assessed
Prevent students schedules from being dropped
If a student’s payment plan is terminated all benefits listed above will end unless they sign up for the Nelnet payment plan again. If the deadline for sign-up has passed, a terminated student would not be able to sign up again.
Students will have an outstanding balance on their accounts until Nelnet makes payments to UNG
Nelnet will make two payments to UNG
One will be shortly after the end of sign-up for the payment plans that will apply the first two payment period payments to your account balance
The second payment will be within 30 days of the first payment and cover your remaining balance even if the last payment has not been received by Nelnet
UNG does have the ability to increase a payment plan balance and decrease a payment plan balance periodically throughout the payment plan period as long as increase and decrease deadlines have not passed.
Increases - If a student has additional charges put on their account and it is on before the last day of the payment plan sign up deadline, a students balanced can be increased if it does not exceed the maximum of $4,500.00 for the payment plan cycle. If a student’s balance increases but it would be over the maximum, the increase is ignored and that amount would need to be paid directly to the school.
Decreases – If payment is received or additional estimated aid is assessed directly on the Banner account, UNG can upload that amount into Nelnet. A students payments will decrease equally over the remaining payments. So, if a student has $900.00 left over three payments ($300.00 each) in Nelnet and a payment of $300.00 is made directly to the Banner account, Nelnet payments will go down to $200.00 per payment since the outstanding balance to the school is now $600.00. UNG can make decreases up until two days before the third payment is due.