Student Financial Services

Payment Plans

 

In previous years, USM has offered convenient 5-payment plans for the Fall and Spring semesters. Each payment plan has a non-refundable set-up fee of $30.00 per semester. Payments are divided into installments with the set-up fee payable with the first installment. These 5-payment plans require a 20% downpayment at the time of enrollment, along with the $30 set-up fee. The remaining balance is divided evenly between the remaining installments.

We expect the 5-payment plan to be available again in Spring of 2021. However, due to the disruption caused by the COVID-19 pandemic, our Fall Payment Plan has been impacted due to changes to our Summer Plan. We extended the time frame for the Summer Plan, and in order to avoid overlap between the Summer and Fall Plans, we have reduced the Fall Plan from a 5-payment plan to a 4-payment plan. The links above reflect those changes.

In essence, the 4-payment Fall 2020 Plan has a non-refundable set-up fee of $30.00 per semester, and payments are divided into installments with the set-up fee payable with the first installment. The plan requires a 25% downpayment at the time of enrollment, along with the $30 set-up fee. The remaining balance is divided evenly between the remaining installments.

For Summer semester, a 3-payment plan is available. Again, the payment plan has a non-refundable set-up fee of $30.00 per semester, and payments are divided into installments with the set-up fee payable with the first installment. The plan requires a 33% downpayment at the time of enrollment, along with the $30 set-up fee. The remaining balance is divided evenly between the remaining installments.

NOTE: To enroll in one of the following payment plans, you will need to access the Bill + Payment Suite via your online MaineStreet student account. You will be required to pay the set up fee and the first installment (downpayment) at the time of enrollment. You can also come into any of our offices in Portland, Gorham or LAC and we can set up the payment for you. Just be sure to bring cash or a check to cover the set-up fee and first installment.

 


A billing notification will be sent via e-mail to your USM @maine.edu e-mail account. The complete E-mail communication policy can be found at https://usm.maine.edu/computing/email-communication-policy

 

Payments are due on these dates even if a notification is not delivered (If payment is not received by the due dates below, a late payment fee of $50.00, will be assessed for each late payment).

*Failure to receive an e-mail notification is not sufficient reason for not making payments on time. 

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Fall Payment Plan

Payment Due Dates

Payment #1

Sep 15

Payment #2

Oct 15

Payment #3

Nov 15

Payment #4

Dec 15

 

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Spring Payment Plan

Payment Due Dates

Payment #1

Jan 15

Payment #2

Feb 15

Payment #3

Mar  15

Payment #4

Apr 15

Payment #5

May 15

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Summer Payment Plan

Payment Due Dates

Payment #1

June 15            

Payment #2

July 15         

Payment #3

Aug 15           

 

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