Monthly Payment Plan

The entire year’s academic costs may be spread over a ten-month period (June through March), without finance charges, by enrolling in this plan. Administered by Key Education Resources, the non-refundable annual application fee required to enroll in this option is $50 for applications received by Key through July 31; the fee increases to $125 for applications received after July 31. A Key Monthly Payment Plan brochure with an application form is mailed to students during the Spring. Additional information is available from Key Education Resources on the web or by telephoning 1/800/KEY-LEND.

Because one-half of the annual budgeted Monthly Payment Plan is credited toward each semester's fees, a family who estimates their Fall Semester net fee of $8,000 should establish a $16,000 Monthly Payment Plan annual budget. Initial annual budget amounts that are calculated using estimates of financial aid for the academic year may be adjusted at a later date by a family contacting Key Bank Education Resources.