Installment Payment Plan – Academic Year 2020/2021

The full service CashNet Payment Plan is the only authorized payment plan offered by The College of New Jersey (TCNJ). The CashNet Payment Plan allows you to pay your semester charges for tuition, fees, room and board charges in monthly installments.

** COVID19 UPDATE: The College of New Jersey recognizes the financial challenges facing many of our TCNJ families caused by the pandemic. To mitigate the effects of the financial impact and assist our students in continuing their education, TCNJ has retooled its payment plan offerings. Highlights of the new payment plan structure include:

Tuition Payment Plan Features

• Allowing undergraduate students 12 months and graduate students 10 months to pay their tuition and fee obligations for the 2020/2021 academic year
• Suspending of TCNJ late fines for all students enrolled into a semester payment plan
• Flexible plan start and end dates
• The ability to incorporate past due amounts from prior terms into the academic year 2020/2021 plan
• Suspending the requirement to make ‘catch-up’ payments when enrolling into a payment plan late
• No increase in the 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.
• The payments are due on the 25th of every month.
• The enrollment deadline for the Spring 2021 semester plan is February 12, 2021 (subject to change)
• Enrollment for Spring 2021 will be available starting December 14, 2020.

Note: Undergraduate students enrolling late into the payment plan will not be required to make-up missed payments. Instead, their plan will start with the month in which they enroll, their plan will proceed for the remaining months, and the additional balance due will be back-loaded to the end of the semester.

• For example: A student enrolls in August; there are 5 payments remaining for Fall and 6 payments for the spring. Their bill is for $12,000, requiring a monthly payment of $1,000 for 12 months. The payment plan is set up for $5,000 for the fall and $6,000 for the spring, a late fine waiver is applied for the $1,000 shortage, and the student is permitted an extra month after the full-year payment plan contract expires to pay the balance (payment by July 2021, instead of June).

Graduate Students – 5 Month Payment Plan

• Fall semester contract period is from August to December.
• Spring semester contract period is from February to June
• The payments are due on the 25th of every month
• The enrollment deadline for the Spring 2021 semester plan is February 12, 2021 (subject to change)
• Enrollment for Spring 2021 will be available starting December 14, 2020.

Note: Graduate students enrolling late in the plan will not be required to make-up missed payments. Instead, their plan will start with the month in which they enroll, their plan will proceed for the remaining months, and the additional balance due will be back-loaded to the end of the semester.

• For example: A student enrolls in September; there are 4 payments remaining for Fall and 5 payments for the spring. Their bill is for $10,000, requiring a monthly payment of $1,000 for 10 months. The payment plan is set up for $4,000 for the fall and $5,000 for the spring, a late fine waiver is applied for the $1,000 shortage, and the student is permitted an extra 2-months after the full-year payment plan contract expires to pay the balance (payment by August 2021, instead of July).

 

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

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.

Account in Good Standing

Students and their respective bill payers are expected to keep their payment plan in good standing with CashNet 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.