Oberlin College Payment Plan

Oberlin College offers an interest free payment plan that allows families to pay semester charges in three equal installments. Installment due dates for the Spring 2020 semester are:

December 20, 2019 Installment 1
January 23, 2020 Installment 2
February 24, 2020 Installment 3

The plan is for 90 days and terminates automatically on February 24, 2020.  If you are interested in signing up for the Oberlin College Payment Plan, please click on the link below and return a completed form to the Office of Student Accounts via mail, fax, or e-mail.

An enrollment form must be submitted for each semester to receive the interest free benefit.

 

Nelnet/Tuition Management Systems (TMS) Monthly Payment Plan

A monthly payment plan, administered by Nelnet/Tuition Management Systems (TMS), allows Oberlin College students and their parents to spread out annual college costs, including tuition, fees, housing and meals. The plan consists of 5 equal payments per term: July 1, 2019 through November 1, 2019 for the fall term and December 1, 2019 through April 1, 2020 for the spring term.

Visit the Nelnet/TMS website

  • Call Nelnet/TMS at 800-722-4867 or 888-713-7238 to determine your budget plan and to enroll. The Nelnet/TMS website has a “Budget and Estimating Cost Sheet” to help set up your budget. Budgets should be compared to the student's Oberlin account, check statements on Banner Self Service to compare.
  • Each month, send your payments directly to Nelnet/TMS who will then forward to Oberlin.
  • At any time, you can view your Nelnet/TMS online account through the Nelnet/TMS website . This will show you information such as when your last payment arrived, when your next payment is due, and how many payments you have left for the year.
  • An enrollment fee of $40 per term is required for the plan. There are no interest charges during the length of the plan as long as payments are current and budget is accurate. 
  • The deadline for fall term is September 5. The deadline for spring term enrollment is February 1.

  • The Nelnet/TMS system is not directly connected to your Oberlin Student Account. It is your responsibility to make sure the budget and monthly payments are sufficient to cover the term bill. Check your statements on Banner Self Service to compare your budget with that of Nelnet/TMS or call our office at 440-775-8457.
  • Changes in financial aid, room or board will affect your Nelnet/TMS budget and should be monitored.
  • Payment for miscellaneous charges, not included in Nelnet/TMS budgets, should be made directly to the college.

Consider this option if you:

  • Can't pay the term bill in full before the beginning of the semester;
  • Can pay at least a portion of your tuition bill from current cash flow or savings; or
  • Want to avoid overborrowing.

Whichever option you choose, the Office of Student Accounts will post statements reporting all charges and payments to the student's Banner Self Service Account monthly. Students are responsible for providing their billing statements to interested parties. Signing up for Banner Web Proxy is highly recommended.