The full service Transact (formerly CashNet) Payment Plan is the only authorized payment plan offered by The College of New Jersey (TCNJ). The Transact Payment Plan allows you to pay your semester charges for tuition, fees, room and board charges in monthly installments.
Tuition Payment Plan Features
- Allowing undergraduate students 12 months and graduate students 10 months to pay their tuition and fee obligations for the 2022/2023 academic year
- Suspending of TCNJ late fines for all students enrolled into a semester payment plan
- Flexible plan start and end dates
- Suspending the requirement to make ‘catch-up’ payments when enrolling into a payment plan late
- Minimal enrollment fee ($25 per semester) . You must be enrolled into the Tuition Payment Plan by the date highlighted on the billing calendar. Once you are enrolled, TCNJ will be notified electronically. It will take up to seven business days to see your payment plan reflected on PAWS
- No interest applied
- No credit check or co-signer needed (this is NOT a loan)
Semester (Full Service) Payment Plans
Undergraduate Students – 6 Month Payment Plan
- Fall semester contract period is from July to December
- Spring semester contract period is from January to June. Enrollment will be available starting December 12, 2022
- The payments are due on the 25th of every month
- Minimum payment plan amount is $500
- Deadline for enrollment into a Spring 2023 payment plan is February 20, 2023.
Note: Undergraduate students enrolling late into the payment plan (prior to the enrollment deadline) will not be required to make-up missed payments. Instead, their plan will start with the month in which they enroll and their plan will proceed for the remaining months. Please contact us if you need further assistance.
- For example: A student enrolls in February; there are 5 payments remaining for Spring. Their bill is for $10,000, requiring a monthly payment of $2,000 for 5 months.
Graduate Students – 5 Month Payment Plan
- Fall semester contract period is from August to December
- Spring semester contract period is from February to June. Enrollment will be available starting December 12, 2022.
- The payments are due on the 25th of every month
- Minimum payment plan amount is $500
- Deadline for enrollment into a Spring 2023 payment plan is February 20, 2023.
Note: Graduate students enrolling late in the plan (prior to the enrollment deadline) will not be required to make-up missed payments. Instead, their plan will start with the month in which they enroll and their plan will proceed for the remaining months. Please contact us if you need further assistance.
- For example: A student enrolls in March; there are 4 payments remaining for Spring. Their bill is for $10,000, requiring a monthly payment of $2,500 for 4 months.
Payment Plan Enrollment
Enrollment can be completed by phone (1-877-821-0625), or on the web at https://commerce.cashnet.com/tcnjpay.
Note: If a student has previously used the payment plan and been terminated, TCNJ may, at its discretion, bar participation from the payment plan in the future.
Payment Plan Adjustments / Billing / Refunds
If your payment plan contract is not enough to cover your TCNJ bill, you will need to pay the difference directly to the college by the current TCNJ bill due date as listed on the Billing Calendar.
It is your responsibility to review your TCNJ student account whenever a billing notice is sent. Billing emails are sent to the student’s TCNJ email and the Authorized User’s personal email account.
Payment plan contracts can be adjusted up to the third payment due date for undergraduate students and the second payment due date for graduate students. To increase your plan to cover outstanding tuition balances, contact TCNJ’s Payment Plan Representative, Ms. Rayanne Conyers-Tiwari, at 609-771-3145 or paymentplan@tcnj.edu.
All refunds will be issued upon completion of the semester payment plan contract.
Account in Good Standing
Students and their respective bill payers are expected to keep their payment plan in good standing with Transact Payment by paying in a timely manner. Students who experience multiple account terminations from the payment plan could have their access to the payment plan blocked for future semesters.
Helpful Hints
Tuition and Fee Rates – The tuition and fee rates for each academic year are announced by the Board of Trustees in July. Please use the tuition rates from the prior year if the payment plan is created before the tuition and fee rates are announced. It is the bill payer’s responsibility to adjust the contract after the tuition rates are announced in July to ensure the payment plan meets your needs.
Authorized User E-Mail Notifications – The students can designate an alternate bill payer to receive billing email notifications. This will help manage the need for contract adjustments. For further instruction on how to create an Authorized User, visit: https://studentaccounts.tcnj.edu/wp-content/uploads/sites/77/2016/06/How-to-Sign-Up-Authorized-User.pdf