Payment plans offer a convenient way to manage your semester bill through manageable installments, avoiding interest and late fees. Taylor provides a variety of payment plans to suit your needs.

Fall Payment Plans

In this plan, you pay your fall bill in six payments.

You decide the amount for the first two payments for 06/05 & 07/05, a minimum of $500 & a maximum of $2,000. The last four payments are calculated based on your open balance on your student account.

Invoices will post on 07/20/2024 and are due on 08/20/2024. Any payments made outside the plan will reduce your account balance, decreasing your remaining payments.

You’ll be notified by email 14 days before your next payment date, informing you of the payment amount. You will also receive an email anytime your payment amount fluctuates in response to a change in the account balance, i.e., book fees, lost IDs, or parking tickets.

  • Enrollment Dates: 05/01/2024-06/04/2024
  • Payment Dates: 06/05, 07/05, 08/05, 09/05, 10/05, 11/05
  • Fee for Enrollment: $40. *Missed payments are subject to a $10. late fee.
  • The plan requires enrollment in automatic electronic payments.

In this plan, you pay your fall bill in five payments.

You decide the amount for the first payment on 07/05, a minimum of $500 & a maximum of $2,000. The last four payments are calculated based on your open balance on your student account.

Invoices will post on 07/20/2024 and are due on 08/20/2024. Any payments made outside the plan will reduce your account balance, decreasing your remaining payments.

You’ll be notified by email 14 days before your next payment date, informing you of the payment amount. You will also receive an email anytime your payment amount fluctuates in response to a change in the account balance, i.e., book fees, lost IDs, or parking
tickets.

  • Enrollment Dates: 06/05/2024-07/05/2024
  • Payment Dates: 07/05, 08/05, 09/05, 10/05, 11/05
  • Fee for Enrollment: $40. *Missed payments are subject to a $10. late fee.
  • The plan requires enrollment in automatic electronic payments.

In this plan, you make four payments based on your current account balance.

Invoices will post on 07/20/2024 and are due on 08/20/2024.

You’ll be notified by email 14 days before your next payment date, informing you of the payment amount. You will also receive an email anytime your payment amount fluctuates in response to a change in the account balance, i.e., book fees, lost IDs, or parking tickets.

Any payments made outside the plan will adjust your following payment amount. If enrolling after the first payment date, you must make the missed payment.

  • Enrollments Dates: 07/20/2024-10/06/2024
  • Payment Dates: 08/05/2024, 09/05/2024, 10/05/2024, 11/05/2024
  • Fee for Enrollment: $40. *Missed payments are subject to a $10. late fee.
  • The plan requires enrollment in automatic electronic payments.

In this plan, you make two payments based on your current account balance.

Invoices will post on 07/20/2024 and are due on 08/20/2024. The first payment on 08/20/2024 will be 50% of your current balance, with the remaining payment on 10/20/2024.

You’ll be notified by email 14 days before your next payment date, informing you of the payment amount. You will also receive an email anytime your payment amount fluctuates in response to a change in the account balance, i.e., book fees, lost IDs, or parking tickets.

Any payments made outside the plan will adjust your following payment amount. If enrolling after the first payment date, you must make up the first missed payment.

  • Enrollments Dates: 07/20/2024-10/19/2024
  • Payment Dates: 08/20 & 10/20
  • Fee for Enrollment: $40. *Missed payments are subject to a $10. late fee.
  • The plan requires enrollment in automatic electronic payments.

J-Term & Spring Payment Plans

In this plan, you make five payments based on your current account balance.

Invoices will post on 12/20/2024 and are due on 01/20/2025.

You’ll be notified by email 14 days before your next payment date, informing you of the payment amount. You will also receive an email anytime your payment amount fluctuates in response to a change in the account balance, i.e., book fees, lost IDs, or parking tickets.

Any payments made outside the plan will adjust your following payment amount. If enrolling after the first payment date, you must make the missed payment.

  • Enrollment Date: 12/20/2024
  • Payment Dates: 01/05, 02/05, 03/05, 04/05, 05/05
  • Fee for Enrollment: $40. *Missed payments are subject to a $10. late fee.
  • The plan requires enrollment in automatic electronic payments.

In this plan, you make four payments based on your current account balance.

Invoices will post on 12/20/2024 and are due on 01/20/2025.

You’ll be notified by email 14 days before your next payment date, informing you of the payment amount. You will also receive an email anytime your payment amount fluctuates in response to a change in the account balance, i.e., book fees, lost IDs, or parking tickets.

Any payments made outside the plan will adjust your following payment amount. If enrolling after the first payment date, you must make the missed payment.

  • Enrollment Date: 12/20/2024
  • Payment Dates: 01/05, 02/05, 03/05, 04/05
  • Fee for Enrollment: $40. *Missed payments are subject to a $10. late fee.
  • The plan requires enrollment in automatic electronic payments.

In this plan, you make two payments based on your current account balance.

Invoices will post on 12/20/2023 and are due on 01/20/2024.

You’ll be notified by email 14 days before your next payment date, informing you of the payment amount. You will also receive an email anytime your payment amount fluctuates in response to a change in the account balance, i.e., book fees, lost IDs, or parking tickets.

Any payments made outside the plan will adjust your following payment amount. If enrolling after the first payment date, you must make the missed payment.

  • Enrollments Date: 12/20/2024
  • Payment Dates: 01/20 & 03/20
  • Fee for Enrollment: $40. *Missed payments are subject to a $10. late fee.
  • The plan requires enrollment in automatic electronic payments.

529 Payments & Outside Scholarships

  • Considering a 529 plan to cover your educational expenses? We can help with that! Simply contact your 529 plan advisor after the bill is posted to request a payment be sent. Most 529 plans sent via ACH wire will arrive on time. If your 529 requires a copy of your billing statement, use the real-time statement from your student account home screen.
  • 529 accounts can not be used as a payment method in a payment plan.
  • If you request a check be sent from your 529, please ensure that the check includes the student's ID and name. Please mail checks to: 1846 Main St, Upland, IN, 46989-1001.

  • Please make sure all outside scholarship requirements and forms are completed and turned in before July 20th.
  • Any outside scholarships that have forms that need to be submitted by Taylor please email those forms to billing@taylor.edu.
  • All outside scholarship payments are split between Fall and Spring semesters unless designated otherwise.
  • If you do not see a scholarship posted to your account and you are close to the billing due date please send the award letter to billing@taylor.edu. We will place a memo on your account so no interest and late fees will be charged while we wait for that payment to arrive.

How to Enroll

Go to myTaylor and click on the Pay My Bill tile.

Authorized Users: taylor.edu/paymybill

After logging in, you will see a tab called Payment Plans > Enroll Now > Select the Term > Choose your plan.

Additional information

  • Payment plans are set up each semester and do not carry over from Fall to Spring.
    Enrollment requires automatic payments. You cannot use your 529 as a payment method in the plan. Credit card payments will incur a 2.95% convenience fee for each payment.
  • There is a $40 enrollment fee to enroll in a payment plan. This fee is charged for each semester.
  • Payment plans require enrollment in automatic electronic payments and are subject to a $10 late fee if payments are missed.
  • Payments will adjust according to your correct student account balance. Payment will automatically be adjusted 14 days before your payment. After those 14 days, it will only change your subsequent payments. You will also see an email every time your payment amounts adjust.
  • Books are posted to your account a month after your semester billing statement. The subsequent payment amounts will automatically adjust, dividing those book fees into your remaining payments.
  • We understand that you may have checks, 529 payments, or outside scholarships arriving in the mail. By placing a memo on your student account, we can give you an additional 10 days for those payments to arrive. This memo will reduce your balance owed and adjust your subsequent payments. To get this memo placed on your student account, please email billing@taylor.edu. We must have a payment confirmation or receipt from the 529 plan or a scholarship letter for incoming scholarships to put the memo on the student’s account.
  • International Students must have an American bank account or credit card to enroll in a payment plan.