The Personal Deferment Option (PDO) is available to students whose bursar accounts are in good standing. PDO, if offered, allows fees to be paid in multiple installments, depending on when the student registers.  If eligible, both a total amount due and minimum amount due will be indicated on the bill.  If the minimum amount is paid by the due date, the remaining balance will be deferred to the next month's bill and a deferment fee will be charged.  If the total due is paid, no deferment fee is charged.  Payments received after the due date will not be considered for PDO.  For example:

If a student who is eligible for PDO has a fall term balance of $10,000 due August 10, the minimum amount due will be approximately $2,500 and the other 75% of term charges will be deferred for a $30 fee.  (This does not include any prior term charges, which, if applicable, are due in full August 10.)  Assuming payments are made on time each month and there are no new debits or credits to the student’s bursar account in subsequent months, payments will be approximately $2,500 per month, due August 10 through November 10.   The deferment fee for paying the minimum amount due September 10 and October 10 is $15 each and the balance will be due in full November 10.  If the student remains eligible for PDO for spring term, the payment calculations will be similar for due dates December 10 through March 10.

If more than the minimum amount, but less than the total amount, is paid, we reserve the right to invoke PDO.  This will avoid late payment fees and keep the account in good standing.  It is preferred that you pay exactly the minimum amount stated on the bill so the system automatically sets up the deferment.

Late payments may result in the loss of PDO.  If PDO is lost due to late payments, it will not be reinstated until after payments are made on time for one year.