Tuition Deferral
Does your employer offer a tuition reimbursement plan? Are you a veteran with GI Bill庐听产别苍别蹿颈迟蝉?
Excelsior’s聽Tuition Deferral Plan is available for partnership students whose employers offer to repay some or all of their tuition. The plan is also available to students receiving benefits from the Department of Veterans Affairs (Chapters 30, 35, 1607 or 1606)聽as well as active-duty service members using veterans education benefits.聽To be eligible to participate in this offer, the student鈥檚 account must be in good standing with 杏吧原创.**
With a deferred tuition plan, you can maximize your employer鈥檚 company reimbursement program or your GI Bill benefit while delaying payment until after completion of coursework for the specified academic period.聽This deferment allows for sufficient time for you to request payments and for employers to process reimbursements. The VA will remit payment to eligible students directly, based on the information provided on their enrollment certification (22-1999) submitted to the VA by the school.
When you select Tuition Deferral, 杏吧原创 agrees to defer payment for tuition until approximately three weeks after the course end date. When the deferral period ends, the payment information provided at registration will be automatically processed.聽Students are responsible for payment of their tuition regardless of receipt of payment from their employer/VA.
Students who do not complete their course are required to pay tuition upon dropping from the course.聽The Student Accounting Office will adjust the payment date to the next payment processing date.聽The amount due is determined by Excelsior鈥檚聽Withdrawal from a Course policy.
Students utilizing federal financial aid are typically not eligible to use the deferred tuition plan.聽However, if a student finds their tuition cost exceeds the amount of their federal financial aid voucher, they may apply for the deferred tuition plan for the excess amount of tuition due only. The amount eligible for deferred tuition must be greater than $200.00.
Enrolling in the Tuition Deferral Plan
- Create your account / log in:
- Click on 鈥淐reate a new Account鈥� (unless you already have an account).
- Once account is created, you will receive an email asking you to confirm your account.
- Your account will become active, once confirmed, and you will be directed to complete the agreement.
- Fill out the Employer Reimbursement Form and your Tuition Deferral Promissory Agreement:
- Download and complete the聽Employer Reimbursement Form聽or ensure you have your GI Bill Certificate of Eligibility.
- Download and complete the Tuition Deferral Promissory Agreement form. Both of these forms are fillable PDF documents. Once you fill them out and save them, please follow the instructions below to submit them via the student Message Center in MyExcelsior.
- To submit your Employer Reimbursement Form and your Tuition Deferral Promissory Agreement, .
- Click “Compose Message” – and under the Student Accounting heading, select “Tuition and Fee Deferral Promissory Agreement” from the pulldown.
- Upload the completed forms using the document upload prompts and submit your message.
- Once you have completed your promissory note and attached the Employer Reimbursement form or GI Bill庐 Certificate of Eligibility, the Office of Student Accounts will review your documents. Please allow up to 3 business days for a review.
- Once the review is completed, you will receive a message via the Message Center. If you are not eligible for Tuition Deferral, the Office of Student Accounts will notify you via the message center with the next appropriate action for you to take.聽 If you are eligible for the Tuition Deferral option, the Office of Student Accounts will notify you that you may move forward with registration.
- When registering for your course(s), the option of Tuition Deferral will be available.
- When choosing this option, you will be directed to our third party vendor, Nelnet, to establish a payment plan agreement deferring payment for tuition until approximately three weeks after the course end date.聽At this point you must enter your payment method. A payment plan setup fee will be charged automatically.
- Once the agreement is established with Nelnet, your registration will be processed.聽You have then successfully registered for your courses(s) using the Tuition Deferral option.
Students who do not complete their course are required to pay tuition upon dropping from the course.聽The Student Accounting聽office will adjust the payment date to the next payment processing date.聽The amount due is determined by Excelsior鈥檚聽Withdrawal from a Course policy.
*Partnership students are students who are employed by a corporate or government partner, member of an association partner or graduate or employee of an academic partner.
**An account in good standing is defined as previous attempts with deferred tuition have been successful, and no balance due on the account not covered by payment plan or financial aid.
GI Bill庐 is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at .
