Payment Plans
We are pleased to offer a payment plan from Nelnet/FACTS Management Company, Inc. Nelnet/FACTS is a tuition management plan that provides students with a low cost option for budgeting tuition and fees. It is not a loan program - therefore, you have no debt, there are no interest or finance charges assessed, and there is no credit check. The only cost to budget monthly payments through Nelnet/FACTS is a $25.00 per semester nonrefundable enrollment fee.
Through Nelnet/FACTS, you will be able to:
- Arrange for monthly payments on the 5th or 20th day of the month
- Pay in full
- Include the cost of required course texts and materials on your payment plan
You can choose to make your monthly payments directly from your bank account or by credit card. MasterCard, American Express, Discover are accepted. Only a VISA debit card is accepted, but you will need to supply bank account information. For more information, call the Financial Management at 651-793-1881.
Access the Nelnet/FACTS site for addtional information and to set up a payment plan.
Changes to your Payment Plans
When you add or drop classes, it is your responsibility to alert Financial Management in writing or via e-mail to these changes at least 10 days BEFORE your next payment.
Your scheduled Nelnet/FACTS payment plan will not automatically be adjusted if financial aid pays your tuition and fees or if you make any unscheduled payment directly to Metropolitan State University. It is your responsibility to inform in writing to adjust our Nelnet/FACTS payment plan by emailing Financial Management.
Payment Plans and Registration Holds
Students with Nelnet/FACTS tuition payment plans who have been making scheduled payments for the current semester without any non-sufficient fund (NSF) transactions will be allowed to register for their next semester's courses before the final payment is received by the university. If the final payment is not made, their registration for the next semester will be cancelled.
Payment Deadline and Drop For Non-payment
Students who enroll in the Nelnet/FACTS payment plan by the tuition payment deadline will not be dropped from their classes.
Bookstore Charges
You may add the cost of bookstore charges for required texts and materials onto your Nelnet/FACTS payment plan. The texts and materials must be purchased from the Metropolitan State University Bookstore and your Nelnet/FACTS payment plan must be in place before we can authorize your purchase. More information about the process and terms may be obtained by clicking Bookstore Charges. The form you will need to complete can be downloaded by clicking Nelnet/FACTS Bookstore Voucher. The Nelnet/FACTS Bookstore Voucher approval process begins as soon as books are available and ends one week after the semester starts.
International Student Insurance
International students are required to pre-pay insurance premiums in full prior to registration. A Nelnet/FACTS Payment plan cannot be used to pay the premium.
For more information on tuition and payments, please contact Financial Management by phone 651-793-1880
or email Financial.Management@metrostate.edu.